Titijaya plans RM300 million disposal of Penang logistics property
DHL occupies the facility under a tenancy running until October 2034, while the proposed sale is expected to deliver a RM143 million net gain.
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DHL occupies the facility under a tenancy running until October 2034, while the proposed sale is expected to deliver a RM143 million net gain.
Revenue reached RM156.05 million as power infrastructure and underground utilities projects contributed more to earnings.
Trading could be suspended at 9am on Nov 10 if Kanger misses the Nov 6 cut-off for submitting its interim audited financial statements.
The developer reported a 35.9% decline in quarterly net profit and said it would focus on property development and construction.
The group has notified MARC that its services will end after obtaining the required bondholder approvals.
The work will connect a solar plant of about 100 megawatts to the national grid, with completion expected by the third quarter of 2027.
The fibre-optic cable materials manufacturer plans a Klang factory acquisition and an additional production line to raise Malaysian gel capacity by 57%.
The Malaysian advanced materials company has appointed advisers and is preparing the documentation needed for the proposed listing.
The contract covers work in Peninsular Malaysia until Sept 26, 2029. Its value was not disclosed.
Penang led both exports and imports as Malaysia recorded total trade of RM396.5 billion in September 2026.