RHB Investment Bank favours Kerjaya Prospek Group Bhd (KL:KERJAYA) for its attractive dividend yield of 5% estimated for the financial year ending Dec 31, 2025, alongside a steady profit after tax margin.
Wawasan Dengkil Holdings Bhd, a construction services company, filed for an initial public offering (IPO) on the ACE Market to raise funds to buy equipment, and to finance project working capital.
The Court of Appeal's decision to overturn a defamation case in favour of CTOS Digital Bhd's (KL:CTOS) unit confirms its legal right to publish credit scores, boosting the group’s credit reporting business, said analysts.
Vestland Bhd (KL:VLB) has secured a RM195.35 million contract to undertake earthworks for the Kota Bharu–Kuala Krai Expressway project in Kelantan.
Maxim Global Bhd (KL:MAXIM) said it is acquiring 5.81 acres of freehold land in Subang Jaya for RM95 million or RM375.25 per sq ft.
A three-member bench, led by judge Datuk Lee Swee Seng, in allowing CDS’ appeal, ruled that there was no defamation, no negligence, and no breach of statutory duty by the credit-rating agency.
The partnership also includes the development of a 15MW floating solar farm spanning 37.5 acres (15.2 hectares) at IJM Rimbayu.
RHB Investment Bank (RHB IB) maintained its “overweight” calls on the property, construction, technology, healthcare, transport, oil and gas (O&G), utilities and rubber products sectors.
Ekovest Bhd (KL:EKOVEST), the controlling shareholder of PLS Plantations Bhd (KL:PLS), has transferred some PLS shares to an adviser to pay for services rendered in relation to a corporate proposal that Ekovest undertook previously.
Mudajaya Group Bhd (KL:MUDAJYA) said its former employee Michael Chua Khian Keng has filed an appeal to challenge the High Court’s decision in the civil suit brought against him by the group.
The only property app you need. More than 200,000
sale/rent listings and daily property news.
