Paramount sells rest of stake in education biz for lower price tag of RM120m
The group has inked a conditional share SPA with XCL, which will mark Paramount’s exit from the education business.
Aggressive monetary policy would disrupt ongoing economic recovery, says BNM
Bank Negara Malaysia is not likely to take an aggressive stance in normalising its monetary policy to the pre-pandemic level as it would risk disrupting the ongoing economic recovery.
Fire at Westports container yard facilities, situation under control
Westports, authorities and external parties are still ascertaining the extent of the damage, and how many containers have been affected, the group said in a filing.
Strong property sales push Gamuda’s 2Q profit up 43%
Gamuda recorded higher joint venture contribution in the quarter, its filing showed. Group earnings per share rose to 7.05 sen, from 4.9 sen per share in 2QFY21.
Phase 2 of Battersea Power Station to open doors in September
The Grade II* listed building will house over 100 shops, restaurants and cafes, an events venue, a unique chimney lift experience offering 360-degree panoramic views of London’s skyline, new office space and 254 new residential apartments.
Financing alone not enough to address B40, M40 homeownership, says Nor Shamsiah
Speaking during the fourth quarter of 2021 gross domestic product (4Q21 GDP) statistics press conference on Friday (Feb 11), the governor said the central bank had always maintained that the financing model is a key component to support homeownership, with recommendations ready to address the matter.
Country Heights asset injection by chairman downsized to RM517m
Notably, Country Heights has downsized the asset acquisition to a total of RM517 million, from RM544 million previously.
Taliworks wins RM602m contract to develop package for Sungai Rasau water plant
The contract is to design and build a water pumping station, and water pumping mains to the existing Bukit Lipat Kajang reservoirs, distribution and associated works (Package 2), the company said in a bourse filing.
NUR Power to supply renewable energy to AT&S’ upcoming plant in Kulim
NUR Power, which is the exclusive power utility firm for KHTP, will be providing solar energy of 25mw in 2023, and up to 75mw by 2026 to AT&S through a 21-year power purchase agreement (PPA), the companies said in a joint statement
TCS bags RM126m contract to build condo in related party transaction
The project known as Arcadia comprises two 21-storey blocks, with 315 units each, together with retail lots, the group said in a bourse filing.
