Data centre boom, chip industry expansion expected to boost local steel demand
Meanwhile, Lim said Misif is also hoping that the government can provide incentives to encourage steel mills to move up the value chain.
YNH Property extends conditional period for RM215 mil sale of 163 Retail Park to Sunway REIT till Sept 26
YNH Property Bhd (KL:YNH) said the conditional period of the sale and purchase agreement for it to sell 163 Retail Park to Sunway Real Estate Investment Trust (Sunway REIT) (KL:SUNREIT) has been extended by three months to Sept 26.
Cohu opens 20,000-sq-ft semiconductor test design centre in Penang
Cohu Inc, a global supplier of equipment and services to the semiconductor industry, on Friday officially opened its design centre in Penang.
After over a decade, LBS Bina exits investment in Zhuhai motor racing circuit for RM124.74 mil cash
LBS Bina Group Bhd has exited its investment in Chinese motor circuit company Zhuhai International Circuit Ltd (ZICL) after more than a decade, as it sold its stake in Lamdeal Investments Ltd (LIL), which owns a 60% stake in ZICL, for 192.18 million yuan (RM124.74 million) cash.
MUI secures RM912 mil loan to refinance debt, renovate London hotel
Malayan United Industries Bhd (MUI) (KL:MUIIND) has secured a term loan facility of up to £152.5 million (RM912.16 million) from CF Hyde Park LP to refinance its existing term loan facility of its Corus Hyde Park Hotel in London, UK.
UEM Sunrise sells remaining 40% stake in Johor unit to KLK for RM386.2 mil cash
UEM Sunrise Bhd (KL:UEMS) has disposed of its remaining 40% stake in a joint venture, Aura Muhibah Sdn Bhd (AMSB), to Kuala Lumpur Kepong Bhd (KL:KLK) as the latter exercised its call option.
Hon Choon Kim steps down as Matrix Concepts independent director after nine years
Matrix Concepts Holdings Bhd (KL:MATRIX) announced that Datuk Hon Choon Kim has resigned as its independent and non-executive director, effective immediately.
Bursa Malaysia confirms in final talks to move its HQ to TRX
Bursa Malaysia Bhd (KL:BURSA) said it is in final negotiations with the developer of The Exchange 106 at Tun Razak Exchange (TRX) to move its headquarters to TRX.
Trive Property proposes two-for-five bonus issue of warrants
Trive Property Group Bhd (KL:TRIVE) has proposed a bonus issue of warrants on the basis of two warrants for every five existing shares, to reward its shareholders and strengthen its financial position and capital base.
Glomac 4Q net profit up 8% on fair value gain on investment property, pays 1.25 sen dividend
Property developer Glomac Bhd’s net profit rose 8% to RM15.34 million for the fourth quarter ended April 30, 2024 (4QFY2024), from RM14.1 million a year ago, thanks to its recognition of RM17 million fair value gain on investment property.
