Ikhmas Jaya falls 2.90% on plan for private placement
At 9.12am, Ikhmas Jaya fell 2 sen to 67 sen with 91,000 shares traded.
At 9.12am, Ikhmas Jaya fell 2 sen to 67 sen with 91,000 shares traded.
Ayala Land, which bought into the company in April 2015, was said to have been interested in a direct investment in Malaysia.
Property developer Eco World Development Group Bhd (EcoWorld) has launched its Johor chapter of the EcoWorld Toastmasters Club.
The construction firm said the private placement will involve the issuance of up to 52 million new shares — equivalent to 10% of its share capital — to identified investors at an issue price to be fixed later.
The sukuk was issued by Sunway Treasury Sukuk Sdn Bhd, a unit of its wholly-owned subsidiary Sunway Treasury Sdn Bhd...
The partnership comes ahead of the Construction Industry Development Board's aim to enforce 50% industrial building system usage in the private sector and 70% for the public sector by 2018, as outlined in the Construction Industry Transformation Programme.
I-Bhd said that as at to-date, the group had unveiled the Hill10 Residence @ i-City with 204 exclusive luxury residences located above the DoubleTree by Hilton @ i-City Shah Alam.
"It is a momentous occasion in the country's history today. As a Finance Minister, I am also happy to note that MRT is delivered below the budgeted cost, and ahead of the schedule," said Najib.
At 11.05am, Vivocom's share price stood at 15.5 sen, with about 54.81 million shares valued at RM8.25 million seen exchanging hands.
The land will be acquired with approvals obtained for a mixed-use development with a plot ratio of 8.81 times, indicating projects on the land will be readily launched.