News by theedgemalaysia.com

In addition to his role at SCIB, Ku currently also serves as an executive director and the chief financial officer of Globetronics Technology Bhd. 

The investment is to be facilitated through its UOB Green Lane — a platform aimed at accelerating investment approvals and execution.

The construction group said the appellate court ruled it is entitled to its primary claim and reliefs sought, with the revised award subject to deductions for sums already recovered.

SGX Mainboard-listed InnoTek Ltd has committed S$5 million (RM15.5 million) to a new manufacturing facility in Melaka, which is slated to begin operations this year as the company looks to strengthen its presence in Southeast Asia.

Plenitude Bhd (KL:PLENITU) has named Ng Yoon Thai as its new chief executive officer to lead the real estate firm that is involved in development, investment and hospitality.

Gadang Holdings Bhd (KL:GADANG) has posted a net loss of RM10.38 million for its third financial quarter ended Feb 28, 2026 (3QFY2026), a reversal from a net profit of RM9.08 million a year earlier, after it was hit by additional costs.

Careplus Group Bhd (KL:CAREPLS) said it is disposing of its entire stake in its property development unit Centro Heights Sdn Bhd to streamline its asset portfolio and unlock asset value.

Conditions have been favourable for builders so far into 2026, though industry players are cautioning about upcoming projects vulnerable to rising costs.

IHG Hotels & Resorts (IHG) has signed a management agreement for Kimpton Kota Kinabalu, marking the second property for the luxury lifestyle brand in Malaysia.

Construction firm MGB Bhd (KL:MGB) has bagged a RM34.76 million contract to build residential units in Jeddah, Saudi Arabia.