News by Syafiqah Salim

Chin Hin Group Bhd shares hit a new record high of RM4.51 on Tuesday (July 26) morning, ahead of the group's upcoming extraordinary general meeting on Aug 4 over the proposed sale of a 19.34% stake in Solarvest Holdings Bhd, as well as a one-for-one bonus issue.

The MoU — for a period of two years — includes the provision of decarbonisation service to NCT Land's local facilities, Solarvest said in a bourse filing on Wednesday (July 20).

The dividend, with an ex-date of Aug 24, will be paid on Sept 12, according to the Penang-based property developer’s filing with Bursa Malaysia. 

Quoting Selangor Menteri Besar Datuk Seri Amirudin Shari, it was reported that MRCB was selected after taking into account its financial position, as well as its experience in repairing the Bukit Jalil National Stadium in 2017.

In a statement Tuesday (June 28), Mah Sing said the prime land parcel — measuring about 6.938 acres and valued at RM39.29 million — is located in Taman Seri Austin next to an existing McDonald's drive-through, and is accessible via Persiaran Eco Cascadia.

However, the research house encourages investors to pick those with quality assets as it remains a tenant’s market.

The joint venture (JV) of Sime Darby Property Bhd and LOGOS SE Asia Pte Ltd (LOGOS Property), SDPLOG, on Friday announced the first close of its first US$250 million industrial development fund, which will go towards the development of sustainable and integrated modern logistics facilities with green building certification at its E-Metro Logistics Park in Bandar Bukit Raja, Klang.

The proposed by-pass Perak alternative expressway from Gopeng to Kuala Kangsar has been approved in principle by the Cabinet, according to a news report.

The property belonging to Sime Darby Property (Nilai) Sdn Bhd in Setul district consists of a single-storey factory building with a two-storey office building, Dynaciate said in a stock exchange filing.

The contract, which was awarded by Daksina Harta Sdn Bhd, involves the construction of two blocks of serviced apartments (1,605 units) and two-storey retail shop lots (20 units), as well as one block of car park podium and related facilities at Lot 100961 Seksyen 9, Jalan Cheras in Kajang.