Property developer Yong Tai Bhd (KL:YONGTAI) has applied for a fourth six-month extension to submit its draft circular for the proposed RM160 million sale of Courtyard by Marriott Melaka, nearly two years after the deal was announced.

Here is a brief recap of some business news and corporate announcements that made the headlines on Monday.

Industronics Bhd (KL:ITRONIC) said its independent non-executive chairman Datuk Leong Sir Ley has emerged as a substantial shareholder after acquiring a 6.32% stake in the company.

theedgemalaysia.com highlighted seven stocks with momentum at Bursa Malaysia’s afternoon close on Monday. One showed positive momentum, while another six showed negative momentum.

KUALA LUMPUR: Bursa Malaysia dibuka tinggi seketika pada awal dagangan hari ini tetapi kemudiannya berlegar dalam julat rendah walaupun prestasi Wall Street semalaman menunjukkan peningkatan. Pelabur kekal berhati-hati susulan ketiadaan perkembangan positif dalam rundingan perdagangan global serta kebimbangan terhadap penutupan kerajaan Amerika Syarikat (AS) yang berpanjangan.

KUALA LUMPUR: Bursa Malaysia opened marginally higher but retreated thereafter despite the positive overnight performance on Wall Street as investors assessed that there was little progress towards de-escalating the trade war and concerns about the United States (US) government shutdown.

KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.

A brief recap of some business news and corporate announcements that made the headlines on Tuesday.

（吉隆坡21日讯）永大（YONGTAI,7066,主板产业组）旗下子公司Apple 99发展私人有限公司（Apple 99）与KERJAYA集团（KERJAYA,7161,主板建筑组）旗下Kerjaya Prospek（马）私人有限公司的上诉案件中获胜，无需向后者支付7546万令吉。根据文告，沙亚南高庭推翻今年5月9日裁定Apple 99需向Kerjaya Prospek（马）私人有限公司支付7546万令吉的裁决，同时驳回Kerjaya Prospek（马）执行裁决的申请，并指示后者需支付Ap...

永大（YONGTAI，7066，主板贸服股）表示，高等法庭已撤销此前的仲裁裁决，其子公司无须向Kerjaya（KERJAYA，7161，主板建筑股）支付7546万令吉欠款。...

（吉隆坡21日讯）永大集团（Yong Tai Bhd）（KL:YONGTAI）指出，高庭已撤销先前裁定子公司须向Kerjaya Prospek Group Bhd（KL:KERJAYA）子公司支付7546万令吉的判决。

Yong Tai Bhd (KL:YONGTAI) said the High Court has set aside an adjudication decision that ordered its subsidiary to pay RM75.46 million to a unit of Kerjaya Prospek Group Bhd (KL:KERJAYA), over an alleged unpaid contract for "The Apple" mixed development project in Melaka.

KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.

Yong Tai Bhd (YTB) has entered into a conditional share sale agreement to acquire the entire equity stake in Sumberjaya Builders Sdn Bhd for RM15mil.

（吉隆坡26日讯）永大集团（Yong Tai Bhd）（KL:YONGTAI）耗资1500万令吉收购沙巴产业发展商Sumberjaya Builders私人有限公司，以获取拿笃及斗湖的发展机会。

Yong Tai Bhd (KL:YONGTAI) is acquiring Sabah-based property developer Sumberjaya Builders Sdn Bhd for RM15 million, as it aims to tap into development opportunities in Lahad Datu and Tawau.

PETALING JAYA: Yong Tai Bhd (YTB) has entered into a conditional share sale agreement to acquire the entire equity stake in Sumberjaya Builders Sdn Bhd for RM15mil.

Property developer Yong Tai Bhd (KL:YONGTAI) is seeking to overturn the RM75.46 million adjudication ruling in favour of Kerjaya Prospek Group Bhd’s (KL:KERJAYA) unit, as it claims that the case falls outside the scope of the Construction Act.

A brief recap of some corporate announcements that made the news on Tuesday.

（吉隆坡13日讯）KERJAYA集团（KERJAYA,7161,主板建筑组）旗下子公司KerjayaProspek（马）私人有限公司（KPM）在与永大（YONGTAI,7066,主板产业组）旗下子公司Apple 99发展私人有限公司的诉讼中获得胜诉，将获赔7546万零851令吉。该公司发文告表示，仲裁员在5月9日指示Apple 99需向KPM支付7546万零851令吉，以及根据马来亚银行公布的基准借贷率+1％的水平，支付从2024年11月11日起至仲裁决定日的利息。此外，Apple 99需要...