EcoWorld issues maiden RM550m sukuk for working capital, capex
The sukuk, which has a tenure of five years, will also be used for general corporate purposes of the group and/or of any joint ventures, as well as to refinance any existing borrowings.
Tanco to raise RM100m for working capital via preference shares to Socso
Property developer Tanco Holdings Bhd has proposed to raise RM100 million through an allotment of 100 million redeemable preference shares (RPS) of RM1 each to the Social Security Organisation (Socso).
NCT Alliance plans to raise RM48m via private placement to fund property development activities
Property developer NCT Alliance Bhd has proposed a private placement to raise up to RM48.37 million to fund property development activities and for working capital.
High Court orders winding-up of Dolomite Corp
Dolomite Corp Bhd, which is involved in property development, construction and sand mining activities, has been ordered by the High Court here to wind up due to its failure to repay US$38.19 million (RM177.38 million) of debt.
Maria Chin questions company's relentless pursuit of RM922m PJD Link despite protests from residents
PJD Link (M) signed a concession agreement with the Government on April 5 this year.
Chin Hin founder and son take the helm at Fiamma Holdings
Beng Teik, 60, is also currently executive chairman of Ajiya Bhd, as well as non-independent non-executive chairman of Chin Hin Group Property Bhd and Signature International Bhd.
IRB slaps Damansara Holdings’ unit with additional RM29m tax bill
This is for years of assessment 2016 to 2019.
Airlines up in arms over Malaysia's newly announced Covid-19 rules for crew
If a crew member is tested positive, he or she is required to undergo a seven-day hotel/home quarantine in the country or until the next flight scheduled.
Platinum Victory's ED emerges as substantial shareholder of Red Ideas
Gan acquired 8.42 million shares in the the LEAP Market-listed technology-based company.
Global Oriental slapped with UMA query
The stock surged as much as 38% to hit its intraday high of 73 sen in early trade today. At 4.14pm, the stock was trading at 63 sen, bringing a market capitalisation of RM272.81 million. A total of 61.4 million shares changed hands.
