News by Luqman Amin

IJM Corp Bhd (KL:IJM) said the freezing of several of its bank accounts by the Malaysian Anti-Corruption Commission (MACC) has no impact on the group’s day-to-day business operations.

A government backbencher on Tuesday called on the government to speed up the tabling of the long awaiting Residential Tenancy Act (RTA), pointing to a growing reliance on renting among younger and urban households.

Public transport in Greater Kuala Lumpur is often “good enough” under normal conditions but even small disruptions can quickly undermine commuter confidence, according to a study by the Khazanah Research Institute (KRI).

Izwan Hasli will steer the next chapter of the Merdeka 118 precinct with a clear focus on 118 Mall, The View at 118 observation deck, the Merdeka Textile Museum and other upcoming components, PNB Merdeka Ventures said in a statement on Monday.

Jasa Kita Bhd (KL:JASKITA) said it has entered into a deal with the spouse of its recently appointed executive chairman Datuk Yasmin Mahmood to acquire a 55% stake in a firm that owns a parcel of industrial land in Pahang.

Sunway Construction Group Bhd (KL:SUNCON) said on Friday it has secured another work order from an unnamed US-based multinational technology company, this time worth RM386 million.

Property developer and hospitality group Mulpha International Bhd (KL:MULPHA) announced on Thursday that its chief executive officer (CEO) Gregory David Shaw has retired.

Pharmaniaga Bhd (KL:PHARMA) has announced the acquisition of an industrial facility in Kota Kinabalu for RM26 million as part of its ongoing plan to strengthen its logistics and distribution capacity.

Al-Aqar Healthcare Real Estate Investment Trust (Al-Aqar REIT) (KL:ALAQAR) is expected to record a disposal loss from its planned divestment of non-performing property in Bukit Mertajam, Penang, for RM12 million—below both its market value and original investment cost.

Palm kernel expeller manufacturer Muar Ban Lee Group Bhd (KL:MBL) has acquired two parcels of industrial land together with existing buildings in Muar, Johor, for a total consideration of RM9.5 million, as part of its ongoing capacity expansion strategy.