Rapid Synergy sells Teluk Intan mall to Lotuss for RM41 mil
Rapid Synergy Bhd (KL:RAPID) said on Friday it is selling its Teluk Intan commercial property, Rapid Mall Seri Intan & Giant, to Lotuss Stores (Malaysia) Sdn Bhd for RM41 million.
Chin Hin founder Chiau Beng Teik ceases to be substantial shareholder in LTKM after stake trim
Datuk Seri Chiau Beng Teik has ceased to be a substantial shareholder of LTKM Bhd (KL:LTKM) after trimming his stake in the egg producer to below 5%, a bourse filing on Friday showed.
Mah Sing partners MapleHome for managed serviced units at M Grand Minori
Mah Sing Group Bhd (KL:MAHSING) has signed a strategic collaboration agreement with MapleHome to introduce professionally managed serviced accommodation at its M Grand Minori development in Johor Bahru.
PGB, UOB Malaysia ink five-year Memorandum of Collaboration to drive green financing for JS-SEZ
Paragon Globe Bhd (KL:PGLOBE) (PGB) and United Overseas Bank (M) Bhd (UOB Malaysia) have signed a five-year Memorandum of Collaboration (MOC) on Friday to support green financing, sustainability integration and cross-border investments linked to the Johor–Singapore Special Economic Zone (JS-SEZ).
Chin Hin, PTT Synergy team up to develop smart warehouses, logistics hubs
Builder and property developer Chin Hin Group Bhd (KL:CHINHIN) is partnering with PTT Synergy Group Bhd (KL:PTT) to jointly develop smart warehouses, industrial parks and digital logistics infrastructure.
Magna Prima’s largest shareholders end takeover offer with 54.96% stake
Magna Prima Bhd (KL:MAGNA) announced that its largest shareholders—Datuk Seri Wong Sze Chien and managing director Seah Ley Hong—closed their mandatory takeover offer with a 54.96% stake in the company.
Sentral REIT posts lower 3Q earnings as repair costs weigh on income
Sentral REIT (KL:SENTRAL), which owns a portfolio of prime office and commercial buildings in Klang Valley and Penang, saw its third-quarter net property income (NPI) slip, no thanks to higher operating expenses, including one-off equipment repairs and replacement costs across several properties.
NPE2 set to move into construction phase as IJM Construction bags RM1.4b design and build job
IJM Construction Sdn Bhd, wholly owned by IJM Corp Bhd (KL:IJM), has accepted a RM1.4 billion Letter of Award from its sister company New Pantai Expressway Sdn Bhd (NPESB) for the design and build of the New Pantai Highway Extension.
NCT Group sets up maiden RM1b sukuk programme, Maybank subscribes to RM390m first tranche
NCT Group of Companies said it launched its maiden RM1 billion sukuk wakalah programme on Thursday.
KPKT conducting study to turn abandoned commercial buildings into affordable housing projects
“A comprehensive study covering legal, technical, and financial aspects is being conducted to ensure such initiatives can benefit the public without imposing additional fiscal strain on the government.”
