Sunway doubles down in Singapore with RM2.4b acquisition of MCL—analysts
Sunway Bhd’s (KL:SUNWAY) acquisition of Hongkong Land (MCL) Holdings Ltd [MCL] will more than double its total project value in Singapore to RM15.3 billion.
Sunway Bhd’s (KL:SUNWAY) acquisition of Hongkong Land (MCL) Holdings Ltd [MCL] will more than double its total project value in Singapore to RM15.3 billion.
DXN Holdings Bhd (KL:DXN) said its proposed acquisition of an apartment unit at the Burj Khalifa skyscraper in Dubai is part of the multi-level marketing company's sales motivation scheme aimed at rewarding top-performing distributors.
Econpile will undertake bored piling construction and associated works for the Komtar-East Jelutong stretch of the LRT line.
Tropicana Corp Bhd (KL:TROP) has redeemed another tranche of its sukuk wakalah programme worth RM100 million that matured on Wednesday.
Construction firm Inta Bina Group Bhd (KL:INTA) on Wednesday secured a RM212.34 million contract from Sime Darby Property Bhd (KL:SIMEPROP) for the construction of a condominium project in Setapak, Kuala Lumpur.
Most data centres in Malaysia are single-storey, under 10 metres tall, with minimal reliance on load-bearing columns, giving them inherent seismic stability, the research house said in a note.
Hyatt Regency Kuala Lumpur at KL Midtown officially opened its doors on Tuesday, marking the return of the Hyatt Regency brand to Kuala Lumpur and representing Hyatt Hotels Corporation’s seventh property in the city.
It made a net profit of RM54.44 million for its 2QFY2025, up 46.8% from RM37.08 million in 2QFY2024.
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.
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.