News by M

AYER Holdings Bhd (KL:AYER) has recorded a full take-up for all 54 units at Bukit Puchong Boulevard within 11 months of launch and is moving ahead with the second phase of the commercial precinct, it said in a press release on Sept 23.

Paramount Corporation Bhd (KL:PARAMON) plans to launch its ninth Co-labs Coworking location at Mid Valley Southkey in Johor this November—its first expansion outside the Klang Valley.

Practice Note 17 (PN17) property developer Meridian Bhd (KL:MERIDIAN) said it is unable to submit to Bursa Securities and shareholders its annual report, which includes the audited financial statements along with the auditors’ and directors’ reports, for the financial period ended May 31, 2025 (FPE2025), by the Sept 30 deadline.

Trading in Ireka Corp Bhd (KL:IREKA) will be suspended from Oct 3, after the construction firm’s appeal for more time to submit its regularisation plan was dismissed by Bursa Securities.

Construction firm Gagasan Nadi Cergas Bhd (KL:NADIBHD) said it has received government approval to acquire only a majority stake, and not a 100% stake, in Konsortium PAE Sepakat Sdn Bhd (KPSSB), which owns a facility management concession for student hostel facilities in seven polytechnic campuses.

Fraser & Neave Holdings Bhd (KL:F&N) has proposed to dispose of its half stake in a non-core property asset in Petaling Jaya for about RM180 million to focus on growing its dairy farm business.

The planned RM2.95 billion industrial park in Negeri Sembilan is set to begin development following the completion of the acquisition of 1,195 acres of land in Port Dickson, said SD Guthrie Bhd (KL:SDG) on Thursday.

Sime Darby Property Bhd achieved its first-ever recognition at The Edge Billion Ringgit Club (BRC) 2025, winning the Highest Returns to Shareholders Over Three Years Award in the Property Sector for RM3 billion and above market capitalisation category.

Sentral REIT (KL:SENTRAL) said Teh Wan Wei has stepped down as CEO of the investment trust's manager, Sentral REIT Management Sdn Bhd, with immediate effect.

LB Aluminium Bhd (KL:LBALUM), which is involved in the aluminium and property development businesses, posted a 30.9% year-on-year increase in first-quarter earnings, lifted by stronger contributions from its property segment on the back of higher sales.