News by M

Yong Tai Bhd is issuing 1.5 million redeemable convertible preference shares (RCPS) with a principal amount of RM1.5 million as part of its ongoing fund-raising exercise.

IOI Properties Group Bhd group chief executive officer and substantial shareholder Datuk Lee Yeow Seng has acquired an additional 9.4 million ordinary shares in the company via the open market during the closed period, extending his share accumulation this week.

Eastern & Oriental Bhd (E&O) will host its first Chinese New Year celebration at its gallery in City of Elmina from Feb 28 to March 1, 2026, marking both a festive milestone and a public preview of its newly launched Seri Embun residential township.

RHB Investment Bank (RHB IB), which cut Econpile Bhd’s (KL:ECONBHD) earnings forecasts and target price, still expects its share price to almost double to 44 sen over the next 12 months. The stock was trading at 22.5 sen earlier.

FBG Holdings Bhd (KL:FBG) has secured a RM238.1 million contract for the main building works of a 25-storey hotel above the existing The Mall, Mid Valley Southkey in Johor Bahru.

Radium Development Bhd has completed its proposed acquisition of a leasehold parcel in Bandar Ampang, Selangor, for RM45.0 million, following the fulfilment of conditions precedent and full settlement of the balance purchase price.

The Employees Provident Fund Board (EPF) has increased its interest in the KLCC Stapled Group following the acquisition of additional stapled securities on Feb 12, 2026.

The Employees Provident Fund Board (EPF) has increased its shareholding in IOI Properties Group Bhd, according to a substantial shareholder filing with Bursa Malaysia.

On Jan 23, the Madani Cabinet took the rare step of withdrawing the Urban Renewal Bill (URA Bill)—originally slated for its second reading in Parliament—for comprehensive revision.

Sunway Bhd has disclosed dealings in its shares and those of IJM Corp Bhd by several institutional parties during the offer period of its conditional voluntary take-over.