Vizione revokes agreement for RM38 mil acquisition of property firm from MD
Vizione Holdings Bhd has revoked its agreement to acquire property development company Midlands City Sdn Bhd for RM38 million from its managing director and others.
LSH Capital shareholders pave way for diversification into property development
Shareholders of LEAP Market-listed Lim Seong Hai Capital Bhd (LSH Capital) have paved the way for the construction-related products and service provider to transform into a full-fledged construction and construction-related services and solutions provider.
E&O to buy out partner for RM47 mil to fully-own Seri Tanjung Pinang concession
Eastern & Oriental Bhd (E&O) has proposed to pay RM46.95 million to purchase the remaining 40% equity interest in E&O-PDC Holdings Sdn Bhd from Penang Development Corporation (PDC), to enable E&O to wholly own the Seri Tanjung Pinang reclamation and development concession.
Gamuda and partner buy Winchester House London for RM1.39b to turn into best-in-class ESG office space
Gamuda's wholly owned Gamuda Land (Labuan) Ltd holds a 75% stake in VB II, while Castleforge’s wholly-owned partnership entity Athelstan Ltd owns the remaining 25%.
Menang Corp shareholders linked to Titian Hartanah cease to be substantial shareholders
Shareholders of Menang Corp (M) Bhd connected to Titian Hartanah (M) Sdn Bhd have ceased to be substantial shareholding of the property developer.
Pavilion REIT unitholders greenlight RM2.2 bil Pavilion Bukit Jalil mall acquisition
Unitholders of Pavilion Real Estate Investment Trust (Pavilion REIT) have greenlighted the proposal to acquire Pavilion Bukit Jalil Mall (PBJ Mall) from Malton Bhd for RM2.2 billion.
Loke: Returning KLIA as Skytrax’s top 10 airports a KPI for MAHB, MOT
“I am not happy with KLIA’s ranking by Skytrax. Let’s put it back to the top 10 again. That is my and your (MAHB's) KPI.”
Country Heights fails to complete RM44.1m acquisition of office tower
It failed to pay the outstanding balance of RM39.69 million.
Perak Corp’s scheme of arrangement faces creditor’s opposition
The suit is filed by Mohamed Shafeii Abdul Gaffoor, a scheme creditor representing less than 0.02% of the total sum owing under the SOA.
Landmarks' unit defaults on RM133 mil financing facility
Landmarks Bhd, a 21.7% associate of Genting Bhd, said its wholly owned subsidiary has defaulted in its repayment on financing facilities totalling RM133.37 million.
