Sunway Bhd (KL:SUNWAY) said its unit Sunway Cochrane Sdn Bhd has proposed to establish a sukuk wakalah programme of up to RM2 billion to support its working capital and expansion plans.

Intel Corporation has announced an additional investment worth RM860 million to make Malaysia its assembly and test operations hub, said Prime Minister Datuk Seri Anwar Ibrahim.

Property developer Asian Pac Holdings Bhd (KL:ASIANPAC) said its chief executive officer Chai Yee Choong has resigned effective Monday (Dec 1) “to pursue other opportunities".

Sunway Real Estate Investment Trust (KL:SUNREIT) has appointed Derek Teh Wan Wei as its new chief executive officer (CEO), effective Monday.

Tuju Setia Bhd (KL:TJSETIA) on Monday secured a  construction contract from Sunway Bhd (KL:SUNWAY) worth RM420 million, nearly six times the company’s market capitalisation of RM62.73 million.

Ho Hup Construction Company Bhd’s (KL:HOHUP) shareholders have rejected the re-election of the founding family’s last board member Datin Chan Bee Leng and blocked RM500,000 in directors’ fees at Monday’s annual general meeting.

The Exchange TRX management has confirmed that a water leakage incident at the shopping mall occurred last Friday due to a pipe issue.

The Ministry of Housing and Local Government (KPKT) has emphasised that every new housing development must prioritise quality-of-life standards and foster community-building, in line with the aspirations of Malaysia MADANI, rather than merely increasing the number of residential units without identity or character.

Myra, the residential arm of Oriental Interest Bhd (KL:OIB), has unveiled Myra Senja, a mixed-used development in Shah Alam, and has signed a memorandum of understanding (MOU) with Panasonic Malaysia to equip the open-market units at Myra Senja with a curated package of energy-efficient appliances.

The landslide on a hillside near Block C of the Puncak Arabella Apartment in Tanah Rata, Cameron Highlands, on Friday (Nov 28) is believed to have been caused by continuous heavy rain.