Focus on Avaland’s next growth stage, Public Investment says in initiating coverage
Billings could improve as construction and sales progress ramp up.
Billings could improve as construction and sales progress ramp up.
Ilham Tower at the centre of the case is a 58-storey iconic building in Kuala Lumpur city centre and owned by the late former finance minister Tun Daim Zainuddin’s family with his wife Toh Puan Na’imah Abdul Khalid.
AWC currently has 339.36 million shares in circulation and no outstanding warrants.
Under the term sheet, Rongyao will inject cash, strategic assets and lead financial restructuring with Ireka’s creditors.
Lim said that while data centres are designed with high levels of redundancy, repeated water supply interruptions could prompt operators to boost storage capacity and contingency measures.
IJM Land Bhd has recorded full take-up for all non-Bumiputera shopoffice units at ArcPoint and a 90% take-up rate for Maison Parc semi-detached homes at launch, reflecting renewed investor and homebuyer confidence in Johor’s property market.
Sunway Property has rebranded its Singapore operations as Sunway MCL, following Sunway Group’s S$738.7 million (RM2.42 billion) acquisition of MCL Land.
Malaysia Airports Holdings Bhd (MAHB) said it has demanded immediate corrective action from its aerotrain contractors as its preliminary assessments revealed a declining trend in the train's system reliability, in particular its vehicle and power distribution systems.
Bina Puri Holdings Bhd (KL:BPURI) has outlined a "conceptual" scheme of arrangement that proposes creditors grant a 10% waiver on debts it owes them, as the company seeks court protection to finalise its financial overhaul.
The external auditor of Country Heights Holdings Bhd (KL:CHHB) has flagged a material uncertainty related to the property developer’s ability to continue as a going concern considering its net loss and its liabilities exceeding assets for the financial year ended June 30, 2025 (FY2025).