Symphony Life plans RM23m private placement to fund Lembah Ledang project
Symphony Life Bhd (KL:SYMLIFE) has proposed to raise up to RM23.53 million via a private placement of 10% of its enlarged share base to fund a joint development project.
YTL Corp's 3Q profit down 16%, dragged by weak YTL Power results, offset by Malayan Cement's strong showing
YTL Corp Bhd (KL:YTL) on Thursday posted a 15.5% year-on-year drop in quarterly net profit, dragged by YTL Power International Bhd's (KL:YTLPOWR) weaker results, offset by a strong showing from Malayan Cement Bhd (KL:MCEMENT).
SEZ private lease scheme valid, says appellate court in landmark judgment on developer’s appeal
In a landmark decision, the Court of Appeal (COA) last month ruled that a private lease scheme involving the Special Economic Zone (SEZ)—as sanctioned by the local authority at Iskandar Malaysia in Johor—is valid.
Cahya Mata Sarawak's 1Q profit down 34% on unfavourable forex, prolonged monsoon season
Cahya Mata Sarawak Bhd’s (KL:CMSB) net profit fell 33.8% to RM25.34 million in its first quarter ended March 31, 2025 (1QFY2025) compared to RM38.25 million a year ago, dragged by unfavourable foreign exchange (forex), and lower contribution from associates and joint ventures.
MBAM launches 21st safety conference with urgent call for preventive culture
The 21st MBAM Annual Safety and Health Conference 2025 was launched on Thursday morning by Department of Occupational Safety and Health (DOSH) director general Mohd Hatta Zakaria at Sunway Resort Hotel.
Residential rooftop solar quota under Net Energy Metering fully taken up
The rooftop solar quota under the Net Energy Metering (NEM) mechanism for residences (NEM Rakyat) has been fully taken up, according to the latest data published by the Sustainable Energy Development Authority (Seda).
Hektar REIT targets 20% non-retail assets, aims to double portfolio to RM3b in five years
Hektar Real Estate Investment Trust (REIT) (KL:HEKTAR) aims to grow its non-retail assets from 13% to 20%, and double its portfolio size to RM3 billion within five years.
WORQ and Sunway launch 20,000 sq ft co-working hub at Sunway V2 Tower with 70% of space leased
WORQ and Sunway Property have announced the launch of their second collaborative co-working outlet with the opening of the 20,000 sq ft WORQ Sunway Velocity at Sunway V2 Tower in Cheras.
Port Klang Free Zone unveils 10-year masterplan with infrastructure improvement, new services
The Port Klang Free Zone (PKFZ) has unveiled the highlights of its PKFZ 2.0 Masterplan, a roadmap aimed at transforming the free zone into a next-generation logistics and industrial ecosystem, integrating sustainability, technology and investor-oriented services to enhance Malaysia’s standing in regional trade and supply chains.
Axis REIT to establish RM3 bil sukuk programme
Axis Real Estate Investment Trust (KL:AXREIT) has proposed the establishment of a sukuk programme of up to RM3 billion in nominal value.
