PTT Synergy teams up with Chinese firms to explore RM2b automated warehouse project
The proposed facility with a storage capacity of two million pallet positions is aimed at accelerating the group’s expansion into logistics automation.
No further cuts seen through 2026 as BNM stands pat on OPR
Economists expect Bank Negara Malaysia (BNM) to keep the benchmark interest rate at 2.75%, as resilient domestic demand and easing global trade tensions reduce the likelihood of further cuts this year and in 2026.
Lagenda Properties ceases to be substantial shareholder in Northern Solar
Lagenda Properties Bhd (KL:LAGENDA) has ceased to be a substantial shareholder of Northern Solar Holdings Bhd (KL:NORTHERN), less than seven months after the solar energy firm listed on the ACE Market.
AME Elite 1Q earnings more than double on stronger property, construction segments
AME Elite Consortium Bhd (KL:AME) reported on Thursday that its net profit more than doubled for the first financial quarter, lifted mainly by stronger contributions from its property development and construction segments.
IJM’s 1Q net profit climbs 10%, lifted by construction, industry divisions
IJM Corp Bhd (KL:IJM) posted a 10.04% increase in its first-quarter net profit, underpinned by stronger contributions from its construction and industry divisions.
Construction firm GDB posts record 2Q earnings; targets RM1.8b new bids by 4Q
Net profit for the quarter jumped more than fivefold to RM21.75 million from RM4.16 million a year earlier.
Sime Darby Property says Rehda in talks with govt on tax on construction services
Sime Darby Property Bhd (KL:SIMEPROP) said the Real Estate and Housing Developers' Association (Rehda) is still in talks with authorities on the expansion of the sales and service tax that raised costs for developers.
Censof wins RM12m Housing Ministry contract for one-stop centre licensing system
Censof Holdings Bhd (KL:CENSOF) has secured a RM12.4 million contract from the Ministry of Housing and Local Government to develop a one-stop centre licensing system for local authorities.
Times Square owner Berjaya Assets shrinks 4Q loss with accounting gains
Berjaya Assets Bhd (KL:BJASSET), the developer of Times Square, said on Wednesday it narrowed net loss for the fourth quarter with accounting gains and revenue growth.
Silver Ridge’s Cyberjaya data centre project falls through as PKNS unit exits JV
Telecommunications services provider Silver Ridge Holdings Bhd’s (KL:SRIDGE) plan to build six data centres in Cyberjaya has collapsed after its joint venture partner, Selangor Industrial Corporation Sdn Bhd (SIC), a Perbadanan Kemajuan Negeri Selangor (PKNS) unit, withdrew from the deal.
