Magma completes RM380 mil capital reduction exercise
Magma Group Bhd (KL:MAGMA), whose shares have risen over 77% year-to-date, has completed its RM379.81 million capital reduction exercise.
MGB clinches RM186 mil apartment construction job in Johor
MGB Bhd (KL:MGB) said it clinched an RM185.99 million contract on Tuesday to develop serviced apartments in Iskandar Puteri, Johor.
Classita unit sues Koperasi Felcra for RM9m over Perak housing project
The RM69.04 million project, known as Kampung Tersusun Generasi Kedua Felcra Seberang Perak, was awarded to Caely-M in 2013 and completed on Oct 3, 2022.
Inta Bina bags RM265m apartment construction job
The 38-month contract will commence on Aug 18.
Hauliers, stuck on existing roads, urge govt to resolve WCE Section 3 delay
The overdue Section 3, which stretches from Banting to Klang, is now directly impacting the mobility of 10,000 prime movers and trailers.
13MP: Govt to introduce new rent-to-own scheme model to boost homeownership
A new rent-to-own (RTO) scheme model will be introduced to offer a more flexible and affordable rental system, aimed at enhancing homeownership opportunities for the rakyat.
EcoFirst’s 4Q net profit down 67% on lower investment property gains, higher costs
EcoFirst Consolidated Bhd (KL:ECOFIRS) has reported a 66.5% drop in fourth-quarter net profit to RM13.95 million, from RM41.70 million a year earlier, weighed down by reduced fair value gains on investment properties and higher costs.
Paramount says not eyeing other F&B biz following Envictus stake buy
Paramount Corp Bhd (KL:PARAMON) has no plan to acquire additional F&B businesses after the acquisition of a 28% stake in Singapore-listed Envictus International Holdings Ltd, said group chief executive officer Jeffrey Chew Sun Teong.
BNM likely to keep OPR unchanged at 2.75% until mid-2026 amid global headwinds—analyst
Ng said the central bank's recent 25-basis-point rate cut to the OPR in July was a preemptive measure.
Econpile wins RM98m bored piling job for industrial project in Kapar
Econpile Holdings Bhd (KL:ECONBHD) has secured a RM98.2 million contract to undertake bored piling works for a proposed industrial development in Kapar, Klang.
