CapitaLand Malaysia Trust plans RM250m private placement to repay borrowings
The exercise involves the issuance of up to 435.4 million new units, or approximately 14.9% of its total issued units.
Mah Sing seeks new partners for Bangi data centre project; 1Q net profit rises 10%
Mah Sing Group Bhd (KL:MAHSING) announced on Friday that it is seeking new partners to develop data centre facilities on 17.55 acres of freehold land in Southville City, Bangi, after talks with Bridge Data Centres lapsed.
IGB sees core performance partly offset 1Q drag on absence of disposal gain
IGB Bhd (KL:IGBB) reported a 51.94% decline in net profit to RM89.07 million for the first quarter ended March 31, 2025 (1QFY2025), compared to RM185.34 million in the same period last year.
Malaysia’s property transaction value drops 8.9% in 1Q, reports Napic
Malaysia’s property transaction value fell 8.9% in the first quarter of 2025 (1Q2025) to RM51.42 billion, compared to RM56.47 billion a year earlier, according to the latest data from the National Property Information Centre (Napic).
Kumpulan Jetson puts shareholders’ requisition for EGM on hold pending legal outcome
Kumpulan Jetson Bhd (KL:JETSON) announced on Wednesday that its shareholders’ requisition dated April 23, 2025 to convene an extraordinary general meeting (EGM) will be put on hold, pending the outcome of a legal suit filed by three minority shareholders challenging the validity of the notice.
S P Setia launches RM4b sukuk programmes, unveils sustainability financing framework
Property developer S P Setia Bhd (KL:SPSETIA) announced on Tuesday it has lodged the necessary documents with the Securities Commission Malaysia to set up sukuk wakalah and Islamic commercial paper (ICP) programmes with a combined limit of up to RM4 billion.
Sime Darby Property raises RM800 million in third sukuk sale under its RM4.5 billion programme
Sime Darby Property Bhd has raised RM800 million in its third sukuk (Islamic bond) sale under a RM4.5 billion programme.
KLCCP Stapled Group to be selective in new asset acquisitions amid market uncertainty
Currently, there are no acquisitions on the table, said its CEO Datuk Mohd Salem Kailany, who was appointed to the board in November last year.
Hack-hit Bina Puri shares fall to 18-month low, short selling suspended
Shares of Bina Puri Holdings Bhd (KL:BPURI) fell to an 18-month low, after The Edge reported that the stock and its Warrant B were affected by a major hacking incident.
Hextar Technologies to emerge as Widad’s largest shareholder following Nilai land injection
Hextar Technologies Solutions Bhd (KL:HEXTECH) is set to emerge as the largest shareholder in Widad Group Bhd (KL:WIDAD), with a 23.03% stake, following a land injection deal in Negeri Sembilan.
