Binastra wins RM742.9m high-rise development job in Johor Bahru, lifting order book to record RM6.6b
Binastra Corporation Bhd (KL:BNASTRA) has secured a RM742.9 million contract for the main building works of a high-rise development in Johor Bahru.
Amid MACC probe into IJM, Sunway presses on with takeover offer
Sunway Bhd (KL:SUNWAY) said it is proceeding with its takeover offer for IJM Corp Bhd (KL:IJM) despite an ongoing probe by the Malaysian Anti-Corruption Commission involving the target company.
IJM says less than 10 bank accounts frozen by MACC, no impact on ops
IJM Corp Bhd (KL:IJM) said the freezing of several of its bank accounts by the Malaysian Anti-Corruption Commission (MACC) has no impact on the group’s day-to-day business operations.
KIP REIT’s 2QFY2026 NPI rises nearly 50%, sees well-supported 3Q
KIP Real Estate Investment Trust (KL:KIPREIT) saw its net property income (NPI) rise 49.9% in the second quarter from a year earlier, bolstered by new assets.
Govt targets 100,000 homeowners under Housing Credit Guarantee Scheme by year-end
The government aims to help more than 100,000 individuals acquire their first homes this year through the Housing Credit Guarantee Scheme (SJKP).
April trial dates maintained by High Court for Semantan Estate’s damages from 1956
The High Court has maintained the April 3 and April 10 hearing dates for the court to determine the rightful compensation to be paid to Semantan Estate (1952) Sdn Bhd based on the 1956 land acquisition of the prime “Duta enclave” which the court had deemed the government as having trespassed.
Govt backbencher urges swift tabling of Residential Tenancy Act as more Malaysians turn to renting
A government backbencher on Tuesday called on the government to speed up the tabling of the long awaiting Residential Tenancy Act (RTA), pointing to a growing reliance on renting among younger and urban households.
IJM rejects money-laundering, UK probe allegations amid MACC inquiry
IJM Corp Bhd (KL:IJM) on Tuesday refuted money laundering allegations and denied that it is being probed by UK authorities, as the Malaysian Anti-Corruption Commission (MACC) launched investigations into allegations of a RM2.5 billion money laundering scheme involving the group.
SST on raw materials like steel scrap weakens industry competitiveness, Misif says as grace period ends
A number of steel-related products were subjected to SST ranging from 5% to 10% from July 1, 2025. A compliance grace period ended last year and a January SST update offered no relief for steel products.
YTL Cement trims 5.95% stake in Malayan Cement, confirms The Edge report
The placement of up to 100 million shares equivalent to a 7.2% stake in Malayan Cement is expected to raise as much as RM755 million.
