IJM Corp aims to list construction business by 2027, says Kenanga
Fresh from staving off a takeover, IJM Corporation Bhd (KL:IJM) is now aiming to list its mainstay construction business before the end of 2027.
Samchem leases Johor land for RM21m to build chemical storage terminal
Samchem Holdings Bhd (KL:SAMCHEM), an integrated chemicals and lubricants distributor, is leasing industrial land in Johor Bahru to build a bulk liquid storage terminal to expand capacity.
HLIB less bullish on Malaysia’s REIT sector as tax removal squeezes yields, investors shift to alternatives
Hong Leong Investment Bank (HLIB) has decided to downgrade Malaysia’s real estate investment trust (REIT) sector from “overweight” to “neutral”, citing narrow yield spreads against other asset classes and rising competition from high-dividend alternatives.
SCIB's Ku Chong Hong emerges as Axteria substantial shareholder, appointed executive director
In addition to his role at SCIB, Ku currently also serves as an executive director and the chief financial officer of Globetronics Technology Bhd.
UOB Malaysia unveils RM1b investment commitments to support Johor–Singapore SEZ
The investment is to be facilitated through its UOB Green Lane — a platform aimed at accelerating investment approvals and execution.
Mudajaya wins appeal, court raises compensation to RM72.2 mil in fund misappropriation case
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-listed InnoTek commits RM16 mil to new Melaka facility to strengthen Southeast Asia presence
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.
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Plenitude appoints Ng Yoon Thai as new CEO
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 sinks into the red in 3Q as construction and property divisions record lower revenue
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 sells off property development unit Centro Heights
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.
