E&O pitches its Andaman Island as site of RM10 bil Penang International Financial Centre
Eastern & Oriental Bhd (KL:E&O) is pitching its Andaman Island as the site of the proposed RM10 billion Penang International Financial Centre.
Eastern & Oriental Bhd (KL:E&O) is pitching its Andaman Island as the site of the proposed RM10 billion Penang International Financial Centre.
Kerjaya Prospek Group Bhd (KL:KERJAYA) said it is eyeing new land acquisitions to bolster its property development pipeline, while also exploring opportunities in industrial park projects.
A coalition of more than 80 residents associations in Klang Valley is rejecting the Urban Renewal Act 2025 and calling on the government to withdraw the legislation.
Singapore’s plans to expand Woodlands have further reinforced the growth story of the Johor-Singapore Special Economic Zone (JS-SEZ), and the local developers, industrial, as well as retail players already in the area, said Hong Leong Investment Bank (HLIB).
CIMB Securities has raised Gamuda Bhd’s (KL:GAMUDA) forecasted job wins for the financial year ending July 31, 2026 (FY2026) to RM22 billion and to RM25 billion for FY2027, after the group was shortlisted for two developments in Sydney, Australia.
While SunCon maintains this is an isolated incident with no senior management involvement, reputational risks could temporarily advantage rivals like Gamuda Bhd (KL:GAMUDA) and IJM Corp Bhd (KL:IJM), according to CGS International.
Hektar REIT's (KL:HEKTAR) proposed acquisition of Melaka land is being done at an attractive price and if concluded will boost the real estate investment trust’s income, a research house said on Monday.
Data centres in Malaysia may see their electricity bills rise by up to 15% under the new power tariff structure, analysts said.
CIMB Securities sees significant potential in SD Guthrie Bhd’s (KL:SDG) proposed joint ventures (JVs) to develop industrial parks in Port Dickson and Carey Island, but notes that the financial impact will hinge on the speed of land sales and income generation from the developments.
The construction sector is expected to see its earnings growth remaining on an upward trajectory in the second quarter, while the order book environment is set to further improve heading into the second half of 2025, with the gradual roll-out of major public infrastructure projects.