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Chin Hin Group Property wraps up private placement, abandons remaining tranche

Chin Hin Group Property wraps up private placement, abandons remaining tranche

news

Updated:
  • Chin Hin Group Property Bhd completed its private placement, raising RM73.9 million from 64.3 million shares.
  • The company opted not to extend the placement deadline and will not issue remaining shares.
  • Initially targeting RM105 million, the funds were intended for joint venture projects with Fiamma Holdings Bhd.
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YLI allocates 75% of RM20.6 mil working-capital proceeds to purchases, reserves

YLI allocates 75% of RM20.6 mil working-capital proceeds to purchases, reserves

news

Updated:
  • YLI Holdings Bhd clarified its use of RM20.6 mil from a land sale.
  • 75% of funds are for trade purchases and working capital reserves.
  • The remaining 25% covers financial commitments and overhead.
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Sime Darby Property’s Elmina Lakeside Mall wins FIABCI World Gold Award in retail category

Sime Darby Property’s Elmina Lakeside Mall wins FIABCI World Gold Award in retail category

news

Updated:
  • Elmina Lakeside Mall won the FIABCI World Gold Award in Retail.
  • This mall is an open-air development in Selangor, Malaysia.
  • It achieved full occupancy quickly and boasts sustainable features.
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Sime Darby Property gets shareholder nod for new LTIP and CEO share grant

Sime Darby Property gets shareholder nod for new LTIP and CEO share grant

news

Updated:
  • Sime Darby Property shareholders approved a new long-term incentive plan.
  • They also approved a 2026 share grant for the CEO.
  • Other resolutions, including director re-elections, passed too.
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YNH extends RM170 mil land disposal to Sunway unit by another three months

YNH extends RM170 mil land disposal to Sunway unit by another three months

news

Updated:
  • YNH Property Bhd extended its land sale agreement to Sunway Living Space for RM170 mil.
  • This is the fifth supplemental agreement for the Kuala Lumpur land disposal.
  • The agreement now runs until Sept 12, 2026, with no price change.
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Titijaya unit joins PNSB consortium to develop RM343 mil, 1,202-unit Rumah Idaman project in Selangor

Titijaya unit joins PNSB consortium to develop RM343 mil, 1,202-unit Rumah Idaman project in Selangor

news

Updated:
  • Titijaya Land Bhd's subsidiary NPO Builders will develop a RM343 mil affordable housing project.
  • They partnered with PNSB Construction for the Rumah Idaman program in Selangor.
  • The project includes 1,202 residential units, priced at RM250,000 and RM295,000.
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UOA Development fixes DRS share price at RM1.54 for final dividend

UOA Development fixes DRS share price at RM1.54 for final dividend

news

Updated:
  • UOA Development Bhd has fixed the issue price of new shares under its DRS.
  • Representing a discount of about 9.42% to the adjusted five-market-day volume weighted average market price.
  • Shareholders may reinvest their cash entitlement into new UOA Development shares or receive dividend in cash.
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Kerjaya Prospek, Aspen to jointly develop mixed project in Penang

Kerjaya Prospek, Aspen to jointly develop mixed project in Penang

news

Updated:
  • Kerjaya Prospek and Aspen Vision Development will develop a mixed-use project in Penang.
  • The 34.84-acre development includes affordable housing, retail, and offices.
  • This seven-year project expands Kerjaya Prospek's northern market presence.
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Tanco hit by steepest decline on record, as losing streak wipes out nearly RM10 bil

Tanco hit by steepest decline on record, as losing streak wipes out nearly RM10 bil

news

Updated:
  • Tanco Holdings experienced its steepest one-day decline, falling 60% within the first 30 minutes of trading.
  • This marked its fourth consecutive limit-down, triggering a short-selling suspension.
  • The stock had surged over 600% since 2024, peaking at a RM10 bil market cap.
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Chin Hin Group Property wraps up private placement, abandons remaining tranche