News by theedgemalaysia.com

Following months of scrutiny, IJM Corporation Bhd (KL:IJM) non-executive chairman Tan Sri Krishnan Tan says he had always maintained his innocence, after being cleared of all graft allegations in the high-profile Sunway takeover investigation.

IJM Corp Bhd (KL:IJM) said the Malaysian Anti-Corruption Commission’s (MACC) probe involving its chairman Tan Sri Krishnan Tan in relation to Sunway Bhd’s (KL:SUNWAY) takeover offer had been completed and classified as “no further action”.

Melati Ehsan Holdings Bhd (KL:MELATI) topped out Bayu 2Sixty residences in Kemuning Prima, Shah Alam, on Friday.

Maxland Bhd (KL:MAXLAND) has scrapped two planned land leases in Kedah for a proposed data centre and district cooling system after revising its business strategy.

A heated confrontation broke out in the Penang state assembly on Thursday as Chief Minister Chow Kon Yeow defended the state's decision to reject an RM818 million bid for the Batu Kawan Industrial Park (BKIP2) project.

Sentral Real Estate Investment Trust (KL:SENTRAL) sees improving occupancy levels and steady leasing activity for 2026 as its Klang Valley office portfolio navigates a competitive tenant-driven market and mounting cost pressures.

Encorp Bhd (KL:ENCORP) has entered into a memorandum of understanding (MOU) with KBI Properties Sdn Bhd to explore strategic partnership opportunities and potential collaborations in the property development sector, according to a press statement issued on Wednesday.

Land & General Bhd (L&G) (KL:L&G) has accelerated the completion timeline for The Wyn Residences in Bandar Puchong Jaya to June 2027, marking a 12-month advancement from the original June 2028 target.

The bourse regulator said the disclosure-related breaches involved a letter of award, failure to update the status of an article of agreement, and delayed disclosure of the project termination.

Revenue slipped marginally to RM60.46 million from RM60.85 million in 4QFY2025, weighed by lower advertising and promotional income.