Loss-making Thriven Global to raise RM22 mil via land sale
Loss-making property developer Thriven Global Bhd is selling four plots of freehold land collectively measuring 50,454 sq m or 12.47 acres in Kulim, Kedah, to raise some RM22 million.
Loss-making property developer Thriven Global Bhd is selling four plots of freehold land collectively measuring 50,454 sq m or 12.47 acres in Kulim, Kedah, to raise some RM22 million.
Fajarbaru Builder Group Bhd has won a RM120.82 million contract to build a clubhouse and a driving range complex in Johor Bahru.
Syarikat Jaminan Pembiayaan Perniagaan Bhd (SJPP) and Syarikat Jaminan Kredit Perumahan Bhd (SJKP) have started accepting applications from financial institutions which offer special government guarantee schemes announced in Budget 2024, to assist micro, small, and medium enterprises (MSMEs) and first-time homebuyers who do not earn fixed income.
Construction firm Kerjaya Prospek Group Bhd’s net profit margin will likely improve in coming quarters on lower tax and potential writeback in provisions, said its chairman on Thursday.
A group of minority shareholders, who claimed to own at least 10% stake in Kumpulan Jetson Bhd, are making a second attempt to call for an extraordinary general meeting to replace the group’s incumbent board of directors.
Chin Hin, which owned a 28.72% stake in Signature as at Jan 16, is proposing to buy another 4.77% stake from Teoh Hai Hin and Por Tong Eng for RM25.45 million cash or 84 sen per share.
Earnings per share grew to 0.54 sen for 3QFY2024 from 0.2 sen a year ago.
Net income rose to RM9.95 million or 1.90 sen per unit for 3QFY2024, from RM8.33 million or 1.60 sen per unit a year ago.
Practice Note 17 (PN17) company Perak Corp Bhd is looking to raise RM63.5 million by entering into an early settlement of its entitlement over a 247.85-acre joint development project with ARX-YSC Sdn Bhd at Muallim, Perak.
Loke also said signing the concession agreement early gives certainty to the private-sector operator to further invest in the infrastructure.