News by Jason Ng

Binastra Corporation Bhd (KL:BNASTRA) said on Thursday it has secured a construction contract worth RM283.33 million for an apartment project in Kuala Lumpur.

Malaysia’s central bank on Thursday left the benchmark interest rate unchanged as widely expected, drawing comfort from sustained economic expansion and benign inflation.

KIP Real Estate Investment Trust (KL:KIPREIT) said on Thursday its net property income surged 62.8% in the final quarter of 2024 earlier, thanks to strong gain of retail properties in the northern and central regions.

Under the subcontract, Varia will supply labour, plants, materials, equipment, tools, transport, temporary works and ancillary needed to build a sewage treatment plant in Penang.

Malaysia’s central bank on Thursday kept the benchmark interest rate unchanged as widely expected, amid resilient economic growth and manageable inflation.

Azam Jaya Bhd, a Sabah-based construction company, filed for an initial public offering (IPO) on the Main Market of Bursa Malaysia to raise funds to buy equipment and free up working capital to pursue larger projects.

Wawasan Dengkil Holdings Bhd, a construction services company, filed for an initial public offering (IPO) on the ACE Market to raise funds to buy equipment, and to finance project working capital.

Northern Solar Holdings Bhd, which installs solar panels and operates solar farms, has filed for an initial public offering (IPO) on the ACE Market to raise funds for expansion.

Retail sales grew 7.8% in January-March 2024 when compared to the same period in 2023.

The pace of sales growth was faster than the 5.2% year-on-year increase in March.