Hextar Technologies Solutions Bhd (KL:HEXTECH) is in exclusive talks with Widad Group Bhd (KL:WIDAD) to dispose of five adjoining plots of vacant industrial land in Negeri Sembilan at a yet-to-be-determined price.
Citaglobal Bhd (KL:CITAGLB) has bagged two construction jobs worth RM50.95 million, including one related to the Kuching Urban Transportation System.
Chin Hin Group Property Bhd (KL:CHGP) is partnering with duty-free retailer Atlan Holdings Bhd (KL:ATLAN) to jointly undertake a high-rise project in Johor Bahru, with an estimated gross development value of RM478.42 million.
Gadang said JF Foundation's suit centres on the alleged failure of Usaha Pesona "to certify and pay for certain items, primarily the idling costs".
The land is currently pledged to a bank for a loan facility of RM21 million, with an outstanding loan of RM17.87 million as of end-June this year.
The first contract with a tenure of 17 months is valued at RM6.59 million.
Axis Real Estate Investment Trust (KL:AXREIT) is proposing a private placement to raise up to RM454.99 million for repayment of bank financing.
Property developer SkyWorld Development Bhd (KL:SKYWLD) has proposed to jointly develop a property in Vietnam's Binh Duong Province, its second venture in that country.
Construction firm Kerjaya Prospek Group Bhd, which posted a 15.83% increase in net profit to RM70.64 million in the first half of this year (1HFY2024), is anticipating stronger construction activities in the second half of the year that will further drive its growth.
Eastern & Oriental Bhd (KL:E&O) is bullish on the Penang market, where it is based, and anticipates better property sales in its current financial year ending March 31, 2025 (FY2025).
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