News by theedgemalaysia.com

Analysts have raised their target prices (TPs) for Scientex Bhd after its financial results for the year ended July 31, 2023 (FY2023) met expectations, and as they are more bullish on the company’s property segment due to the stable interest rate environment.

Central Global Bhd’s (CGB) wholly-owned unit Proventus Bina Sdn Bhd has commenced a legal suit against Tang Kae Shih for outstanding payments related to a residential apartment contract in Penang worth RM42.24 million.

The Exchange TRX's retail component in the Tun Razak Exchange, Kuala Lumpur is set to open its doors on Nov 29, according to a Lendlease press release on Wednesday.

Integrated construction and property firm PTT Synergy Group Bhd (PTTS) has diversified into the warehouse leasing business as it seeks alternative sources of revenue from recurring income properties.

Global packaging manufacturer and property developer Scientex Bhd posted a strong finish to its financial year ended July 31, 2023 (FY2023), thanks to better performance from its property division for the year.

I-Bhd has announced a partnership with Wyndham Hotels & Resorts to manage a 50-storey property known as Wyndham Suites KLCC in Kuala Lumpur city centre.

Land & General Bhd (L&G) allayed concerns that liquidity issues faced by joint venture partner Country Garden would have a negative spillover effect on their 167-acre township development in Semenyih that started in 2014.

YTL Hospitality REIT (YTL REIT) has entered into three supplemental lease agreements for rental revisions and proposed refurbishment of its three hotels (AC Hotels) in Kuala Lumpur, Penang and Kuantan.

The collaboration will enable Yinson to utilise CelcomDigi’s 4G LTE and 5G network to improve connectivity for chargEV, the country’s largest charging station operator.

The property developer is buying the land through its indirect wholly-owned subsidiary SkyDorm Sdn Bhd, which is principally involved in construction and letting of industrial properties.