Pintaras Jaya secures RM175m piling contracts in Singapore
Piling and foundation specialist Pintaras Jaya Bhd (KL:PTARAS) has secured two piling contracts in Singapore worth about RM175 million.
YNH Property's external auditor casts doubt on FY2024 accounts
YNH Property Bhd's (KL:YNHPROP) external auditor has cast doubt on the property developer’s financial statements for the year ended June 30, 2024 (FY2024), citing insufficient evidence for certain ventures and contracts.
Senai Airport City master developer sells 15 acres of industrial land to Taiwan-based Chenbro Micom
Senai Airport City Sdn Bhd (SACSB), a member of MMC Group, is selling approximately 15.06 acres of industrial land located in the Senai Airport City Free Industrial Zone in Johor to Taiwan-based Chenbro Micom Co Ltd.
Higher rental income lifts IGB REIT, IGB Commercial REIT’s 3Q net property income
Revenue increased 3.73% to RM155.27 million, compared to RM149.68 million in 3QFY2023.
Padini announces retail revamp plans in Malaysia, Thailand for FY2025
Padini Holdings Bhd (KL:PADINI) announced plans to refurbish nine stores, open four new outlets, and close one location in Malaysia in the current financial year ending June 30, 2025 (FY2025) as part of efforts to streamline its retail operations.
Pavilion REIT’s 3Q net property income rises 8.6%; distributes 2.38 sen per unit
Pavilion Real Estate Investment Trust (KL:PAVREIT) saw its net property income (NPI) rise 8.65% to RM131.86 million for the third quarter ended Sept 30, 2024 (3QFY2024), from RM121.35 million a year ago, due to lower property operating expenses, primarily driven by the reversal of doubtful debts provision.
Johor-Singapore Special Economic Zone to cover Iskandar Malaysia, Pengerang
Johor-Singapore Special Economic Zone (JS-SEZ) will cover an area governed by six local authorities in Iskandar Malaysia and Pengerang, according to the Ministry of Finance.
Varia bags RM572m Socso rehabilitation centre project in Terengganu
Varia Bhd (KL:VARIA) has secured a contract worth RM571.8 million from the Social Security Organisation (Socso) to build a rehabilitation centre in Setiu, Terengganu.
PLB Engineering to sell stake in solar energy firm to repay loans
Construction and property company PLB Engineering Bhd (KL:PLB) has proposed to sell its 60% stake in a solar energy firm for RM19.8 million cash to help repay its bank borrowings.
Cypark forms consortium with Jakel Capital, Melaka Corp to power up German Technology Park in Melaka
Renewable energy producer Cypark Resources Bhd (KL:CYPARK) has formed a consortium to jointly explore and develop energy solutions for the 186-hectare German Technology Park in Ayer Keroh, Melaka.
