News by theedgemalaysia.com

IOI Properties Group (KL:IOIPG) may be added to the FTSE Bursa Malaysia KLCI — the top 30 largest stocks by market capitalisation — by late 2025 or 2026, according to Hong Leong Investment Bank (HLIB).

YNH Property Bhd (KL:YNHPROP) has clarified that its sale of AEON Mall Seri Manjung in Perak to Sunway Real Estate Investment Trust (KL:SUNREIT) for RM138 million is subject to shareholders’ approval in an extraordinary general meeting (EGM) to be fixed later.

Perak Corp Bhd (KL:PRKCORP) has proposed to undertake a mixed development project on 54.8 acres of land owned by the company in Hulu Kinta, Perak.

Furniture retailer SSF Home Group Bhd (KL:SSF), whose share price hit a record high on Friday, has entered into a deal to supply kitchen cabinets and furniture vouchers for a home ownership scheme offered by social enterprise company Rumah Ibu Sdn Bhd (RISB).

Teladan Setia Group Bhd (KL:TELADAN) has cancelled its plan to purchase a piece of land in Melaka Tengah for RM48.54 million for a health and wellness centre and serviced apartments project.

RHB Research remains upbeat on Matrix Concepts Holdings Bhd (KL:MATRIX), citing steady recurring income from its healthcare business, Mawar Medical Centre (MMC), and stronger growth, as its ward expansion nears completion by the end of 2025.

Precision components manufacturer Notion VTec Bhd (KL:NOTION) said it is acquiring a four-hectare vacant freehold agricultural land in Kapar, Klang, for RM29.62 million, as part of the expansion of its manufacturing operations.

Bina Puri Holdings Bhd (KL:BPURI) on Thursday said it is in the midst of restructuring its loan with Export-Import Bank of Malaysia Bhd (Exim Bank), following a winding-up petition from the bank on Tuesday.

YTL Corp Bhd (KL:YTL) said its Singapore-listed industrialised building systems (IBS) unit NSL Ltd has received a four-month extension until June 6 to adhere to the Singapore Exchange's (SGX) 10% public shareholding requirement.

CapitaLand Malaysia Trust (KL:CLMT) is buying three industrial properties located in Senai Airport City for RM72 million from Gromutual Bhd’s subsidiary Rainbow Entity Sdn Bhd.