John Lai

2 weeks ago | edgeprop.my | John Lai

Lau acquired 23.4 million new shares through a private placement at 50 sen apiece, giving him an 11.1% stake in Crest Builder, according to a Monday exchange filing. KUALA LUMPUR (June 9): Datuk Joseph Lau (pictured), the head of the developer behind Desa ParkCity township, has emerged as the second largest shareholder of construction firm Crest Builder Holdings Bhd (KL:CRESBLD).

2 weeks ago | edgeprop.my | John Lai

KUALA LUMPUR (June 6): Gadang Holdings Bhd (KL:GADANG) announced it will allocate about RM19 million in additional costs for the financial year ending May 31, 2025 (FY2025), following the termination of an agreement to jointly develop a parcel of land in the Cyber 9 precinct of Cyberjaya with Cyberview Sdn Bhd. The joint development agreement (JDA) was between Gadang's wholly owned Hillstrand Development Sdn Bhd (HDSB) and Cyberview, Cyberjaya's master developer.

3 weeks ago | edgeprop.my | John Lai

According to a filing with Bursa Malaysia, the shareholders, who claim to collectively own 10.68% of the company, want access to the shareholder list as of May 19. They have asked the High Court to allow the EGM to be held on June 18 or another date set by the court to discuss the issues they raised in their April 23 notice.

1 month ago | edgeprop.my | John Lai

Slated for listing on the Main Market on June 10, the IPO does not involve issuance of new units, meaning that the trust itself will not receive any proceeds. KUALA LUMPUR (May 28): Paradigm Real Estate Investment Trust (KL:PARADIGM) on Thursday set the final price for its initial share sale at RM1 apiece as previously indicated amid subdued demand from some investors.

1 month ago | edgeprop.my | John Lai

Quarterly revenue in 4QFY2025 nearly doubled to RM236.65 million from RM121.33 million, primarily driven by the disposal of a property in the UK. KUALA LUMPUR (May 28): Eastern & Oriental Bhd (KL:E&O) nearly doubled its net profit for the fourth quarter ended March 31, 2025 (4QFY2025), on profits from its joint ventures, a tax gain and lower finance costs. Net profit for the quarter was RM69.85 million compared with RM36.48 million in the previous year.