News by theedgemalaysia.com

Lim Seong Hai Capital Bhd (KL:LSH) has entered into two deals for mixed development projects in Kuala Lumpur and Selangor, with a combined estimated gross development value (GDV) of RM903.9 million.

Conglomerate Berjaya Corp Bhd (BCorp) (KL:BJCORP), whose largest shareholder is its founder and adviser Tan Sri Vincent Tan Chee Yioun with a 26.32% stake, said on Friday it has appointed Levin Tan Eng Kien as executive director, effective immediately. Levin is not related to Vincent.

KSL Holdings Bhd (KL:KSL) closed 2025 on a strong note, delivering record fourth-quarter results with net profit surging 66.4% to RM258.41 million from RM155.25 million a year earlier.

Anwar Syahrin Abdul Ajib, the former chief executive of Malakoff Corp Bhd (KL:MALAKOF) and UEM Sunrise Bhd (KL:UEMS), passed away early Friday.

Sunway Bhd (KL:SUNWAY) will walk away from its proposed takeover of IJM Corp Bhd (KL:IJM) if the construction group’s shareholders do not accept the offer by the early April deadline.

Sunway Healthcare Holdings Bhd (SHH) is exploring opportunities to expand to Southeast Asian nations as part of its longer-term regional growth strategy, said executive chairman Tan Sri Dr Jeffrey Cheah.

SD Guthrie Bhd (KL:SDG) and the Selangor state government have entered a strategic partnership to explore a massive integrated development on Carey Island that is set to be a "critical component" of the Carey Island Port—the planned third terminal for Port Klang.

Johor-based Astaka Holdings Ltd has announced plans to venture into the healthtech sector as it explores new future growth drivers for the group.

YTL Hospitality REIT's (KL:YTLREIT) manager Pintar Projek Sdn Bhd has proposed a placement of up to 90 million new units to raise an estimated RM99 million for repayment of borrowings.

YTL Corp Bhd (KL:YTL) net profit fell 21.01% in the six months ended December (1HFY2026), dragged by lower electricity sale prices and as its construction saw completion of a major contract.