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News by Izzul Ikram

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ECM Libra to buy beachfront land in Johor to grow hospitality segment

11 September, 2023

ECM Libra Group Bhd is to acquire two pieces of beachfront land in Johor for an aggregate RM36.86 million for future hospitality developments.

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news

Aneka Jaringan plans another private placement to fund projects

07 September, 2023

Just over a month after completing a private placement exercise earlier this year, Aneka Jaringan Holdings Bhd has proposed to undertake another such cash call to raise RM15.51 million to fund its ongoing construction projects.

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news

Pavilion REIT signs deals to power Pavilion KL, Intermark and Pavilion Bukit Jalil with RE

06 September, 2023

Pavilion Real Estate Investment Trust (Pavilion REIT) plans to purchase renewable energy (RE) under the Corporate Green Power Programme (CGPP) to power its malls.

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news

Ireka partners property developer for RM310m GDV mixed development

05 September, 2023

The project entails 22- and 23-storey towers that will consist 661 units of serviced apartments, 48 units of retail and 114 units of office space.

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news

Titijaya Land says booked RM14m impairment from unit's winding up in 4QFY2023

05 September, 2023

According to a prior filing, Renofajar received a winding-up order dated August 4 issued by the High Court of Sabah and Sarawak on Aug 28.

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news

MBSB sues Country Heights over RM89.7m default

23 August, 2023

MBSB Bank Bhd is suing Country Heights Holdings Bhd, following its default on the payment of Islamic term financing facilities totalling RM89.67 million, to recover the sum owed.

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news

Fajarbaru forms JV with hostel management company for RM172.4m-GDV labour quarters project

22 August, 2023

FLM owns a 60% stake in the JV, Fajarbaru Dynamic Development Sdn Bhd (FDD), while CDSB owns the remaining 40%.

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Zecon managing director Zainal Abidin raises stake in company

22 August, 2023

Zainal acquired the stake comprising 14.95 million shares on the open market on Aug 18. 

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news

Putrajaya wants revived KL-Singapore HSR to be fully funded by private sector

12 July, 2023

Given the hefty debt on the government's shoulders, the revived Kuala Lumpur-Singapore High-Speed Rail (KL-SG HSR) project is expected to be fully funded and driven by the private sector, according to MyHSR Corp Sdn Bhd.

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news

Econpile bags RM35 mil substructure works job in Subang Jaya from Vestland unit

10 July, 2023

Econpile Holdings Bhd has been awarded a contract worth RM35.09 million to undertake the substructure works for a commercial development in Subang Jaya, Selangor.

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