Country Heights working to return Mines Waterfront Business Park to solvent status
Country Heights said there were 23 separate Proofs of Debt filed against MWBP, amounting to RM3.8 million in total.
MBAM re-elects Oliver Wee as president for 2024-2026 term
Tim Sekata Sdn Bhd director of business development Oliver Wee Hiang Chyn has been re-elected as the president of the Master Builders Association Malaysia (MBAM) for the June 2024 to June 2026 term during the association's 70th annual general meeting.
ViTrox to begin construction of training and industrial research centre after RM46 mil contract award to SIB
ViTrox Corp Bhd (KL:VITROX) will begin construction of the first block of its planned five-block ViTrox Institute of Technology (VIT) on July 8 after it had appointed South Island Building Sdn Bhd (SIB) as the contractor for the project in a deal worth RM45.99 million.
PHBAM aims to scale AHB fund to RM20 bil by 2030
With the appointment as the new manager of Amanah Hartanah Bumiputera (AHB) fund effective Monday, PHB Asset Management Bhd (PHBAM) announced that it will scale the AHB fund from RM5 billion to RM20 billion by 2030.
UEM Sunrise to file appeal over RM74 mil additional tax and penalty paid to IRB
Property developer UEM Sunrise Bhd said it will file an appeal with the High Court here after the Special Commissioners of Income Tax ruled in favour of the Inland Revenue Board (IRB) that the additional tax and penalty totalling RM73.84 million are to be maintained.
Sentoria CEO Loh Yuen Tuck resumes duties after one-month suspension
Sentoria Group Bhd (KL:SNTORIA) announced on Friday that its chief executive officer (CEO) Datuk Loh Yuen Tuck will resume his duties immediately after a one-month suspension, due to alleged misconduct.
Haily bags RM54m residential construction job in Johor
Builder Haily Group Bhd (KL:HAILY) has secured a RM53.72 million contract from Venice View Development Sdn Bhd to build 221 units of two-storey houses, three units of Tenaga Nasional Bhd (TNB) sub-stations and a TNB main switch station in Pulai, Johor.
NCT Group inks deals with KDEB Waste Management, Mentari Alam EKO to bolster offerings at smart industrial park
Property developer NCT Group’s unit NCT Smart Management Sdn Bhd (NCT Smart Management) has inked memorandums of understanding (MOU) with KDEB Waste Management (KDEBWM) and Mentari Alam EKO (M) Sdn Bhd (MAEKO) to bolster the offerings and capabilities of the NCT Smart Industrial Park (NSIP).
Land sales lift Crescendo’s net profit to record high of RM289 million in 1QFY2025
Land sales in Pulai, Johor, totaling RM219 million to data centre operators have boosted Crescendo Corp Bhd’s net profit to a record high for the first quarter ended April 30, 2024 (1QFY2025).
MARC downgrades YNH's sukuk to BBIS, with negative outlook
MARC Ratings Bhd has downgraded YNH Property Bhd's (KL:YNHPROP) Islamic Medium-Term Notes Programme (Sukuk Wakalah) to BBIS with a negative outlook in a move that it says reflects heightening concerns over the group's business and financial prospects.
