Fuelled by record profit, Kerjaya Prospek eyes 'high' dividend as it declares RM37.8m payout
It made a net profit of RM54.44 million for its 2QFY2025, up 46.8% from RM37.08 million in 2QFY2024.
Land & General's 1Q net profit more than doubles on stronger property, education earnings
Land & General Bhd’s (KL:L&G) net profit more than doubled in the first quarter on higher contributions from its property development and education divisions.
MRT Corp defends LRT Mutiara Line’s increased RM16.8 bil budget on inflation and land costs; denies cost overruns
Malaysia Rapid Transit Corporation Sdn Bhd (MRT Corp) said on Thursday that the approved higher ceiling price of RM16.8 billion for the LRT Mutiara Line project was due to cost inflation and increased scope of work, not cost overruns.
E&O sells London land for up to RM515.8m to pay debts, fund expansion
Property developer Eastern & Oriental Bhd (KL:E&O) has signed a deal to sell two adjoining freehold land parcels in London, covering 1.329 acres, for at least £75 million (RM427.8 million) and up to £90.54 million (RM515.8 million).
Zafrul welcomes Tasik Kenyir data centre hub idea but cautions viability hinges on study
A thorough cost-benefit analysis is needed to determine if Terengganu's Tasik Kenyir can become a data centre and artificial intelligence hub, as proposed by a lawmaker from the state, according to the Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Abdul Aziz.
Transport minister: ECRL extension to Thailand faces track gauge differences, flood risks
Government’s upcoming technical study on extending the East Coast Rail Link (ECRL) to the Malaysia–Thailand border will look into addressing some challenges, including track gauge differences and flood risks, said Transport Minister Anthony Loke Siew Fook.
Chin Hin to focus on property development after hiving off commercial vehicle business for RM74 mil
Chin Hin Group Property Bhd (KL:CHGP) said it will divest its commercial vehicle and bodyworks operations by selling its entire stakes in four subsidiaries for RM74 million.
US-based chipmaker AMD opens new Penang facility to strengthen AI, semiconductor capabilities
US-based chipmaker AMD has expanded its operations in Malaysia by opening a new office and engineering lab in Bayan Lepas, Penang, on Thursday.
Bina Puri seeks Corporate Debt Restructuring Committee's help to mediate talks with lenders
Bina Puri Holdings Bhd (KL:BPURI), which faces multiple winding-up petitions, said it has sought the Corporate Debt Restructuring Committee's assistance (CDRC) to mediate between the company and its lenders.
Sentoria unit receives termination notice on RM33.3m loan facility from Affin Bank
Loss-making property developer Sentoria Group Bhd (KL:SNTORIA) said on Friday that its unit has received a notice of termination from Affin Bank Bhd for term loan facilities with an original limit of up to RM33.3 million.
