News by M

The High Court has struck out KL Tower food and beverage concessionaire Asian Kitchen (M) Sdn Bhd’s case against Communications Minister Datuk Fahmi Fadzil and the government over the debacle in relation to the operations of the iconic tower.

TXCD Bhd’s wholly-owned unit Ageson Kensetsu Sdn Bhd has secured a new RM75.86 million construction contract in Sepang after ending an earlier agreement with Mateen Group Sdn Bhd, according to its exchange filing yesterday.

IOI Properties Group Bhd (KL:IOIPG) marked a construction milestone with the topping out of COVO on Sept 19, which is its first transit-oriented development in the 16 Sierra township in Puchong South.

The Selangor State Development Corporation (PKNS) has launched its Buy & Win Campaign that will run until Nov 30, 2025.

Kuchai Development Bhd (KL:KUCHAI) has proposed a special dividend of 44.8 sen per share to be followed by the company's voluntary withdrawal from Bursa Malaysia.

IGB Real Estate Investment Trust (REIT) (KL:IGBREIT) has proposed to set up a RM5 billion medium-term notes (MTN) programme.

Chin Hin Group Property Bhd (KL:CHGP) is disposing of two freehold industrial plots in Johor Bahru for RM19.3 million cash to Miroad Rubber Industries Sdn Bhd.

The contract covers the installation and rental of AI-powered CCTV cameras, panic buttons and smart traffic lights, as well as the establishment of the Batu Pahat Smart Integrated Operations Centre.

The proposed facility with a storage capacity of two million pallet positions is aimed at accelerating the group’s expansion into logistics automation. 

The facility under construction will serve as GXO’s regional logistics hub, supporting supply chain operations for its customers across Southeast Asia.