AZRB subsidiary gets two more winding-up petitions, company expects minimal impact
Ahmad Zaki Sdn Bhd (AZSB), a wholly-owned subsidiary of AZRB Bhd (KL:AZRB), has received two winding-up petitions over alleged unpaid monies.
Crescendo sells another piece of land in Johor for RM201m, offers buyer option for second plot at RM249m
Johor-based property developer Crescendo Corp Bhd (KL:CRESNDO) is divesting another parcel of land in the state for RM200.88 million and has granted the purchaser the right to buy an adjoining parcel worth RM249.07 million.
WEIL Hotel becomes Malaysia’s first ESG-certified hotel
Perak-based WEIL Hotel has been recognised as Malaysia’s first environment, social and governance-certified (ESG) hotel under the ESG Certification for Hotels & Resorts Programme by the Malaysian Association of Hotels (MAH).
MAHB MD says open to MACC probe on RM456 mil aerotrain upgrade, no request yet
Malaysia Airports Holdings Bhd (MAHB) is willing to cooperate with the Malaysian Anti-Corruption Commission (MACC) if it investigates the RM456 million aerotrain upgrade, but the airport operator has not received any request yet, said managing director Datuk Mohd Izani Ghani.
MAHB: Aerotrain disruptions due to ‘standard failures’ resolved, offline period to ensure no future issues
Malaysia Airports Holdings Bhd (MAHB) on Friday said ‘standard failures’ which caused the Kuala Lumpur International Airport (KLIA) aerotrain service disruptions have been resolved.
Air Selangor, AWS ink reclaimed water agreements for Klang Valley data centres
Three agreements that together form the Klang Valley’s first integrated reclaimed-water supply chain for data centre operations were formalised on Thursday, in a ceremony witnessed by the Ministry of Energy Transition and Water Transformation (Petra).
PNB Merdeka Ventures completes RM6b sustainability sukuk issuance to fund Merdeka 118 project
PNB Merdeka Ventures Sdn Bhd (PNBMV), a unit of Permodalan Nasional Bhd (PNB), has completed its first RM6 billion Sustainability Merdeka Sukuk Wakalah to partly fund the mixed-use development Merdeka 118 project.
GuocoLand 1Q net profit more than doubles on stronger property, hotel earnings
GuocoLand (Malaysia) Bhd (KL:GUOCO), the property arm of Hong Leong Group, said its first quarter net profit more than doubled to RM6.1 million from RM2.91 million a year earlier on stronger contributions from its property and hotel divisions.
Radium Development posts RM94 mil quarterly net profit on one-off land settlement gain
Radium Development Bhd (KL:RADIUM) has reported a net profit of RM94.24 million for the third quarter, a sharp increase from RM4.81 million a year earlier, mainly due to a one-off gain of RM123.7 million from a land settlement deal with the Kuala Lumpur City Hall (DBKL).
Maimunah's term as KL mayor shortened, takes up new role at Petronas
Datuk Seri Maimunah Mohd Sharif’s tenure as Kuala Lumpur mayor will end on Friday (Nov 14), ahead of the original plan of August 2026, as she assumes a new role at Petroliam Nasional Bhd (Petronas).
