ILB aborts RM16 mil Petaling Jaya land purchase
ILB Group Bhd is aborting its planned purchase of 1,124 sq m of freehold commercial land with shoplots in Petaling Jaya for RM15.9 million.
Malaysian REIT Managers Association organises third REIT forum to discuss economic and industry challenges
MRMA chairman Datuk Philip Ho said: “As we emerged from the pandemic, it was timely that the industry came together at our third REIT forum to discuss issues and reassess our strategies in a very different world, [plus] participants had an opportunity to meet the CEOs of the REIT managers."
Glomac on track to surpass last financial year's RM160 mil sales
Glomac group managing director and chief executive officer Datuk Seri Fateh Iskandar Mohamed Mansor said sales of RM120 million to RM125 million were recorded so far for the first two quarters of FY23.
Mynews’ unit cleared of winding-up petition stemming from rental dispute
Mynews Holdings Bhd said a winding-up petition levied on its unit in relation to a rental dispute is set to be withdrawn following the settlement of the amount allegedly owed.
IJM Corp unit wins two contracts worth a total of RM982 mil
IJM Corporation Bhd’s wholly-owned subsidiary IJM Construction Sdn Bhd (IJMC) secured two contracts in Kapar and Shah Alam this week, amounting to RM982 million.
BLand’s stake in BFood rises to 2.75% after RM32 mil direct business transaction
Berjaya Land Bhd (BLand) has acquired 40 million shares or 2.28% equity interest in Berjaya Food Bhd (BFood) for RM32 million cash, or 80 sen apiece.
Sunway Construction poised for better 2023 if it can grow order book, says HLIB Research
It expects a weaker 2HFY2022 for SunCon, as several projects from 1HFY2022 are approaching the tail end and releasing buffers to the profit and loss statement.
NCT Group signs MOUs with Huawei, Green Quarters for smart solutions in upcoming industrial park
Huawei will provide ICT infrastructure products and solutions, data centre solutions, and solar energy storage solutions to support the NSIP in becoming a fully connected smart development.
Berjaya Land unit to make cash offer for Informatics Education shares
BLCC also intends to make an offer to acquire the remaining IEL warrants at S$0.0001 per warrant.
Golden Land to purchase 19.8-acre land in Pahang for RM10m
Its wholly-owned subsidiary Scott Emas Sdn Bhd has inked an agreement with Everwin Realty Development Sdn Bhd to purchase the plots of land measuring 19.812 acres.
