IWCity seeks fifth extension to deliberate IWH merger
The plan, first proposed in September 2023, is part of a wider reorganisation of Lim’s stable of companies and entails IWCity's acquisition of IWH’s units via the issuance of IWCity shares.
AWC secures RM82.5m govt facilities management and maintenance job
The five-year contract will commence on Jan 1, 2026, and run until Dec, 31, 2030.
MGB bags RM118.5m contract for affordable apartments
MGB Bhd (KL:MGB) has secured a RM118.5 million contract to build affordable apartments in Kuala Lumpur from UDA Accord Development Sdn Bhd.
Mulpha sells entire stake in London hotel for RM190m
Mulpha International Bhd (KL:MULPHA) has sold its entire 33% stake in the London Marriott Hotel for £33.8 million (RM190.3 million) to fund working capital requirements and venture into new investments.
Ho Hup’s Low family ceases to be substantial shareholder
Ho Hup Construction Co Bhd’s (KL:HOHUP) founding Low family has ceased to be a substantial shareholder in the company amid a boardroom tussle.
Mudajaya secures promised properties as payment from disputed KL project
Mudajaya said that it had secured an order of specific performance for developer Crest Worldwide Resources Sdn Bhd to deliver vacant possession of the properties from the High Court under the civil suit on Oct 22.
Magna Prima takeover offer by largest shareholders turns unconditional
The takeover offer by Magna Prima Bhd’s (KL:MAGNA) largest shareholders—Datuk Seri Wong Sze Chien and managing director Seah Ley Hong—for the remaining shares in the company has turned unconditional, after their collective stake climbed above 50%.
Axis REIT declares 2.65 sen DPU as net property income jumps nearly 16%
Axis Real Estate Investment Trust (KL:AXREIT) declared a third interim distribution per unit (DPU) of 2.65 sen on Thursday, as it saw a 15.7% year-on-year jump in its third-quarter net property income (NPI), thanks to newly acquired assets and rental growth.
Omesti seeks to replace two Ho Hup directors with appointees
Ho Hup Construction Co Bhd (KL:HOHUP) said its substantial shareholder Omesti Holdings Bhd (KL:OMESTI) has sought an extraordinary general meeting (EGM) to replace two of the construction outfit’s directors with appointees.
HHRG plans two-for-five bonus issue of warrants
Proceeds to be raised would depend on the actual number of warrants exercised during the exercise period.
