News by Luqman Amin

The proposed fund-raising could trigger a mandatory takeover offer by major shareholder Tan Sri Lim Kang Hoo and persons acting in concert with him. 

Sunway Construction Group Bhd (KL:SUNCON) has secured an engineering contract worth RM1.02 billion for a data centre project in Johor.

Malayan Banking Bhd (KL:MAYBANK), the country's largest bank by assets, on Thursday officially launched its new headquarters located at the world's second-tallest building now called Menara Merdeka Maybank.

For a party that started out fighting for wider youth political voices, Muda is now sharpening its focus on local issues. In Johor, it has zeroed in on the mushrooming data centres.

Country Heights Holdings Bhd (KL:CHHB) is searching for a new CEO after Mohd Rizal Zubair resigned from the position barely two months after taking the helm.

Tan Sri Vincent Tan has increased his direct shareholding in Berjaya Corp Bhd (KL:BJCORP), just a few weeks after ceasing to be a substantial shareholder in the group.

Tanco Holdings Bhd (KL:TANCO) tumbled on Thursday in the steepest one-day decline since the property developer’s listing 39 years ago.

Capital A Bhd is in talks with a major hotel chain to extend the AirAsia brand into the hospitality sector.

Gold Li Holdings Bhd, which mainly develops landed homes, has begun collecting applications for its initial public offering (IPO) on the ACE Market of Bursa Malaysia, seeking to raise up to RM19.5 million.

The investment is to be facilitated through its UOB Green Lane — a platform aimed at accelerating investment approvals and execution.