News by Chong Jin Hun

Real estate company Mulpha International Bhd received an unconditional voluntary takeover offer notice at RM2.30 a share on Friday (Sept 23) from several joint offerors.

According to Tanjung Pinang Development's website, the company holds the concession rights to both phases of the Seri Tanjung Pinang (STP) reclamation project at the north-east coast of Tanjung Tokong in Penang.

In a statement to Bursa Malaysia on Thursday (Oct 21), IGB Bhd said VSB and Tower Ray Ltd (TRL), which each owned a 50% stake in BPL prior to the sale, on Wednesday (Oct 20) entered into the sale and purchase agreement with HNG and VSB’s holding company IGB Corp Bhd to sell VSB and TRL’s stakes in BPL to HNG for a collective £208.75 million

"Given the uncertainties surrounding the pandemic, the stance of monetary policy will continue to be determined by new data and information and their implications on the overall outlook for inflation and domestic growth.”

The project awarded to Mesiniaga is among the EPF’s latest tender results for July 2021 indicated on the pension fund’s website.

The newly-confirmed 20,396 Covid-19 infected individuals today brought the country’s cumulative number of pandemic cases to 1.84 million so far.

The money will partially finance the construction cost for the group’s Mines Wellness Suites office project and College Heights Estate retail and industrial real estate development.

The country's cumulative infections are 1.3 million so far

With a combined direct and indirect stake of 17.918%

Prime Minister Tan Sri Muhyiddin Yassin said that for now, he still has support from the majority of MPs