Genting Malaysia says Miami land parcel purchaser has ended US$1.225 billion bid
Genting Malaysia Bhd (GenM) said the purported purchaser of its of its 15.5-acres of land in Miami has elected to end its current bid.
WORQ launches WORQ Express on Pulau Perhentian
Coworking and flex space provider WORQ said its launch of WORQ Express at Alunan Resort in Pulau Perhentian, Terengganu, signifies its first step in countrywide expansion to provide workspaces and meeting facilities everywhere, including cities, suburbs and remote digital nomad hubs.
TCS and developer mutually terminate construction contract to build condo because of higher building material cost
Due to higher construction material prices, TCS Group Holdings Bhd has scrapped its plan to develop a condominium project, known as Arcadia, in Kuala Langat, Selangor.
Noorazman Abd Aziz steps down as UEM Sunrise's chair, to be replaced by Khazanah's Hisham Hamdan
Datuk Noorazman Abd Aziz is resigning from his post as chairman of UEM Sunrise Bhd from July 1, after he was redesignated to chairman of CTOS Digital Bhd on May 26.
Sunway Healthcare unveils senior living residence, Sunway Sanctuary
Sunway Healthcare Group has unveiled its flagship senior living residence, Sunway Sanctuary in Bandar Sunway, Petaling Jaya, Selangor.
Scientex's 3Q net profit rises 24%, propelled by property business
Scientex Bhd's net profit rose 24.28% to RM109.78 million for the third quarter ended April 30, 2023 (3QFY2023) from RM88.33 million a year earlier, carried by the group’s property development business’ higher progress billing and robust demand for new launches.
Analysts mostly positive on S P Setia-Mah Sing Semenyih land deal
The deal announced by developer S P Setia Bhd on Monday (June 19) pertaining to the divestment of 500 acres of freehold land in Semenyih, Selangor to peer Mah Sing Group Bhd for RM392.04 million, has been viewed positively by analysts in general.
Boustead redesignates Ahmad Nazim as executive chairman
Ahmad Nazim, 47, is also the chief executive of LTAT, which controls over 97% of Boustead and is in the process of privatising the company.
CGS-CIMB expects Gamuda's core net profit to rise 7% in FY23F
It said Gamuda’s foray into Australia already accounted for 71% of its orderbook of RM20.5 billion as at Jan 31.
Sim Leisure says Khazanah was never involved in its negotiations to buy KidZania Singapore's assets
It said it took up a bid from the liquidator for KidZania Singapore's non-movable assets at the height of the pandemic towards the end of 2020.
