KERJAYA PROSPEK TO ACQUIRE 49% STAKE IN ASPEN VISION LAND
Kerjaya Prospek is investing RM98.0 million for a 49% stake in Aspen Vision Land, deepening its role in the Aspen Vision City development in Batu Kawan, Penang.
RM76.0 million will be used to fund ongoing works, with the deal set to complete by August 2025.
MOCK CHEQUE HANDOVER CEREMONY OF 99 SPEEDMART SPONSORSHIP TO ZOO NEGARA MALAYSIA
99 Speedmart has donated RM132,572 to Zoo Negara Malaysia to support the care of white lions Manja Li and Manja Ros, marking its fourth sponsorship as part of its ongoing commitment to wildlife conservation.
AXIS-REIT OBTAINS AA2(S) AND A1(S) RATINGS FROM RAM RATINGS FOR ITS NEW RM3.0 BILLION SUKUK PROGRAMME
Axis-REIT, via its trustee and subsidiary, has lodged a RM3.0 billion Sukuk Programme with the Securities Commission Malaysia. Marking a key milestone, RAM Ratings assigned inaugural ratings of AA2(s) and A1(s) with a stable outlook. Proceeds will support capital expenditure, refinancing, and general corporate needs.
LBS ENTERS STRATEGIC COLLABORATION WITH ORIENTAL HOLDING FOR MELAKA MIXED-USED INDUSTRIAL DEVELOPMENT WITH GDV SURPASSING RM7 BILLION
LBS Bina Group Berhad and Oriental Holdings Berhad have signed an MOU to jointly develop a 561-acre mixed-use industrial project in Klebang, Melaka, with a GDV exceeding RM7 billion. Located within the Straits of Melaka Waterfront Economic Zone, the project targets SMEs and supports Melaka’s economic transformation.
KEYFIELD SIGNS MOU WITH INDONESIAN PARTY TO EXPLORE MARINE SERVICES COLLABORATION
Keyfield International Berhad has signed an MoU with PT Elnusa Trans Samudera to explore marine service opportunities in Indonesia’s offshore oil and gas sector. The partnership combines ETSA’s local market access with Keyfield’s vessel and crew capabilities to support regional energy projects.
NEXTGREEN ENTERS LIBYAN MARKET TO SUPPORT SUSTAINABLE AGRICULTURE WITH BIOFERTILIZERS
Nextgreen Global has made its first international biofertilizer export to Libya, appointing P Teguh Nextgreen as exclusive distributor for up to 25,000 MT annually, in partnership with Libyan agricultural players.
KERJAYA PROSPEK SECURES RM162 MILLION BUILDING CONTRACT FROM MAJESTIC GEN FOR JOHOR BAHRU PROJECT
Kerjaya Prospek Group Berhad has clinched a RM162.0 million contract from Majestic Gen Sdn. Bhd. for the Gen Rise project in Johor Bahru. The 47-storey serviced apartment marks Kerjaya’s first job win in Johor for 2025, boosting its year-to-date wins to RM870.3 million and strengthening its RM4.6 billion order book.
99 SPEEDMART TAKES DELIVERY OF MALAYSIA’S FIRST FULLY ELECTRIC FOTON eAUMARK LIGHT-DUTY TRUCKS
99 Speed Mart Sdn Bhd has made history as the first company in Malaysia to receive the fully electric Foton eAumark Light-Duty trucks, taking delivery of 10 units from Angka-Tan Motor Sdn Bhd in a ceremony today. This marks a significant milestone in the retailer’s journey to modernise its logistics operations with cleaner and more efficient transport solutions. With partial solar charging at its distribution centres, 99 Speedmart is strengthening its commitment to environmental sustainability while supporting Malaysia’s net-zero 2050 goal.
PHARMANIAGA REAFFIRMS CONFIDENCE IN FINANCIAL RECOVERY AND LONG-TERM VIABILITY
Pharmaniaga Berhad reported a strong turnaround with RM133.8 million profit after tax in FY2024, marking key progress toward exiting PN17 status. Backed by an approved Regularisation Plan and strategic push into biopharmaceuticals, the Group is firmly positioned for sustainable recovery and future growth.
SKYWORLD DEVELOPMENT RECEIVES UNANIMOUS SHAREHOLDER’S APPROVAL TO PROCEED WITH PENANG JOINT DEVELOPMENT AND PREFABRICATED MANUFACTURING VENTURE
SkyWorld Development Berhad announced today that both resolutions tabled at its Extraordinary General Meeting were approved, paving the way for a joint development with Penang Development Corporation and a strategic business diversification into modular construction. The RM13 billion development in Penang is set to strengthen SkyWorld’s northern footprint, while the collaboration with Singapore’s Teambuild Holding marks a key move towards enhancing construction efficiency and supporting the delivery of quality, affordable homes
