News by M

AME Elite Consortium Bhd (KL:AME) has secured a RM214.1 million contract from KLIA Aeropolis Sdn Bhd, a subsidiary of Malaysia Airports Holdings Bhd, to build the first phase of a specialised test cell facility in Sepang.

Glomac Bhd (KL:GLOMAC) has appointed Fateh Idzham Datuk Seri Fateh Iskandar—better known as FD Idzham—as a group executive director, marking the entry of the third generation into the property developer’s leadership ranks.

GuocoLand (Malaysia) Bhd's (KL:GUOCO) controlling shareholder GLL (Malaysia) Pte Ltd (GLLM) has submitted a proposal to the board to privatise the property arm of the Tan Sri Quek Leng Chan-controlled Hong Leong Group via a selective capital reduction and capital repayment exercise at RM1.10 per share.

YAPEIM built and restored 80 houses and aimed for a 10 per cent increase this year, he said, adding that from 1985 to November 2025, the foundation has distributed over RM725 million to 10.1 million recipients through various programmes encompassing economic development, education and community action implemented inclusively and holistically.

Yeoh said the partnership establishes a framework for sharing information and expertise to detect and verify complaints, and to exchange intelligence on corruption-related crimes.

Hannah said the implementation of improvements must be accelerated so that the public clearly understands the procedures for licence applications and the enforcement actions that will be taken.

Sentoria said the writ has yet to be served on OCBC Bank and is expected to be served within six months from the date of lodgement.

Koon has also established scholarships and contributed generously to universities, including RM1 million annual student grant to Universiti Tunku Abdul Rahman, driven by his belief that education was the key to uplifting society.

IJM is a takeover target of Sunway, which made an offer of 31.5 sen cash per IJM share plus 0.501 new Sunway shares which it will issue at RM5.65 apiece.

Shares of GuocoLand (Malaysia) have climbed 59.8% since the start of the year. The stock last traded at 93.5 sen, the highest since 2018, for a market capitalisation of RM654.9 million.