Ekovest’s RM450m merger deal with Knusford lapse after third deadline extension expires
“The company wishes to announce that the heads of the merger agreement has lapsed on July 27, 2025 [Sunday],”
Ireka faces RM1.07b contract termination over Pan Borneo Highway project
The contract, initially awarded in October 2024, pertained to Phase 1B of Sabah’s Pan Borneo Highway,
No change to construction sector SST revenue threshold of RM1.5m, says Ahmad Maslan
The government will maintain the annual revenue threshold for the expanded sales and services tax (SST) on construction services at RM1.5 million, despite industry calls to raise it to RM3 million.
Ekovest, Lim Kang Ho extend deadline for RM1.15 bil Credence deal to Aug 29
Ekovest Bhd (KL:EKOVEST) and its major shareholder Tan Sri Lim Kang Hoo have mutually agreed to an extension to Aug 29 to finalise the proposed RM1.15 billion acquisition of Credence Resources Sdn Bhd (CRSB).
Ecobuilt bags RM35m job to build serviced apartments in Shah Alam
Ecobuilt Holdings Bhd (KL:ECOHLDS) has secured a RM34.65 million contract to undertake the main building works for a high-rise serviced apartment project in Shah Alam, Selangor.
Majestic Gen launches freehold terraced homes and shop offices in Penang mainland
Majestic Gen has unveiled Majestic Aman, a freehold residential and commercial development comprising 73 double-storey terrace homes and 23 shop offices in Taman Sungai Dua Utama on Penang's mainland.
Sime Darby Property's KLGCC Mall achieves 85% occupancy rate as of July
Sime Darby Property Bhd (KL:SIMEPROP) (SDP) has reported 85% committed occupancy for the Kuala Lumpur Golf & Country Club (KLGCC) Mall as of July 2025 ahead of the mall’s upcoming opening in October.
Oriental Interest posts record quarterly profit in 3Q on strong project deliveries
Kedah-based property developer Oriental Interest Bhd (KL:OIB) reported its highest-ever quarterly net profit of RM45.48 million for the third quarter ended May 31, 2025 (3QFY2025), driven by record revenue of RM305.25 million.
Rimbunan Sawit calls off joint venture to develop Sarawak NCR land
Sarawak-based oil palm plantation company Rimbunan Sawit Bhd (KL:RSAWIT) has announced the termination of its joint venture (JV) with LCDA Holdings Sdn Bhd (LHSB), formerly known as Pelita Holdings Sdn Bhd.
KIP REIT sees earnings stabilising after 24% jump in FY2025
KIP Real Estate Investment Trust (KL:KIPREIT) expects to 'sustain a stable performance' after posting double-digit growth in its recently concluded financial year on stronger lease income and contribution from newly-acquired assets.
