PTT Synergy to dispose of two factories for RM26 mil
Integrated construction and property company PTT Synergy Group Bhd (KL:PTT) is disposing of two units of three-storey detached factories in Sepang, Selangor, to MCM Land Sdn Bhd for RM26 million.
Integrated construction and property company PTT Synergy Group Bhd (KL:PTT) is disposing of two units of three-storey detached factories in Sepang, Selangor, to MCM Land Sdn Bhd for RM26 million.
Mudajaya Group Bhd (KL:MUDAJYA) said its former employee Michael Chua Khian Keng has filed an appeal to challenge the High Court’s decision in the civil suit brought against him by the group.
Property developer Naim Holdings Bhd (KL:NAIM) is disposing of a parcel of land in Samarahan, Sarawak to Onlyee Flora Sdn Bhd for RM223.38 million.
Malton Bhd (KL:MALTON) said it is acquiring 30.17 acres of freehold land in Genting Highlands from fellow property developer Global Oriental Bhd (KL:GOB) to build serviced apartments and luxury villas.
The contract was awarded by Smart Advance Resources Sdn Bhd to the group's wholly owned subsidiary, Southern Score Sdn Bhd.
IJM Corp Bhd (KL:IJM) has secured a contract to design and build a data centre for a subsidiary of Telekom Malaysia Bhd (KL:TM) in Iskandar Puteri, Johor, for RM331.7 million.
IOI Properties Group Bhd (KL:IOIPG) has received a proposal from its group chief executive officer cum major shareholder Lee Yeow Seng to participate in the development of Shenton House, a commercial property located in Singapore that his private vehicle has successfully tendered for, for S$538 million (RM1.9 billion).
Ekovest Bhd (KL:EKOVEST) reported on Friday a smaller loss in its latest quarterly results compared with a year earlier despite still grappling with high finance costs.
Analysts foresee Gamuda Bhd (KL:GAMUDA) to bag more project portfolios in the data centre (DC) sector, after the engineering and construction company recently secured contracts for the construction of a hyperscale DC in Elmina Business Park, with a combined value of RM1.7 billion.
Shares of Sime Darby Property Bhd (KL:SIMEPROP) surged to a fresh six-year high on news of the developer’s entry into the data centre space while analysts scrambled to raise their target prices.