Axis REIT to acquire industrial property in Port Klang for RM50 mil
Axis Real Estate Investment Trust (KL:AXREIT) said it is acquiring an industrial property in Port Klang for RM50 million.
Appellate court dismisses leave sought by Hydroshoppe and Menara KL to cite Fahmi, govt and three competitor companies for contempt
A three-member Court of Appeal bench has dismissed a motion by former operators of the iconic KL Tower—Hydroshoppe Sdn Bhd and Menara Kuala Lumpur Sdn Bhd—for the court to grant permission to institute contempt proceedings against Communications Minister Datuk Fahmi Fadzil, the government, and three companies that took over the operation of the tower.
Bank Negara Malaysia maintains overnight policy rate at 2.75%
Malaysia’s central bank on Thursday kept the benchmark interest rate unchanged as widely expected while flagging uncertainties in growth outlook from lingering external risks.
Mitraland announces series of partnerships for Novva Nexus office tower in Gravit8, Klang
Mitraland Group has partnered with Colony Coworking Space, Anytime Fitness and Sports Arena to provide services for its Novva Nexus office tower project in Klang, Selangor.
Gamuda to redevelop Taylor’s University campus in SS15 into RM500m mixed-use project
Gamuda Bhd (KL:GAMUDA) said on Thursday it is partnering with Taylor's Education Group to redevelop a prime commercial site in SS15, Subang Jaya.
European giant Scanfil invests RM15.8m in Johor plant expansion
Scanfil plc, Europe’s largest listed electronics manufacturer, has invested RM15.8 million to expand and modernise its SRX Global (Malaysia) Sdn Bhd facility in Johor Bahru, according to the Malaysian Investment Development Authority (Mida).
Tropicana redeems RM100m sukuk, continues debt-cutting drive
Tropicana Corp Bhd (KL:TROP) has redeemed another tranche of its sukuk wakalah programme worth RM100 million that matured on Wednesday.
Inta Bina wins RM212m Setapak condo job from Sime Darby Property
Construction firm Inta Bina Group Bhd (KL:INTA) on Wednesday secured a RM212.34 million contract from Sime Darby Property Bhd (KL:SIMEPROP) for the construction of a condominium project in Setapak, Kuala Lumpur.
Hextar Global unit to sell Raub durian plantation land for RM13.75m
Hextar Global Bhd (KL:HEXTAR) said on Wednesday its indirect unit, PHG Ever Fresh Plantation Sdn Bhd, is selling three adjacent parcels of durian plantation land in Raub, Pahang, for RM13.75 million.
Cash-rich Luxchem to acquire Klang land for future development
Cash-rich industrial chemical firm Luxchem Corporation Bhd (KL:LUXCHEM) is acquiring three plots of land in Klang for RM40.55 million to be developed in the future.
