Jeffrey Cheah, private vehicle offload 100m shares in Sunway for RM485m
Cheah sold 50 million shares, reducing his direct stake in Sunway to 9.98% from 10.97% previously.
Cheah sold 50 million shares, reducing his direct stake in Sunway to 9.98% from 10.97% previously.
The project comprises 606 units of condominiums on Persiaran Semarak Api in Cyber 11.
Muhammad Yazurin, 49, will assume the role effective Jan 2.
Kerjaya Prospek Group Bhd’s (KL:KERJAYA) net profit grew by 29.6% in the third quarter, primarily driven by its construction segment amid improved progress across ongoing projects.
Kerjaya Prospek Property Bhd (KL:KPPROP) expects minimal impact from the hike in the minimum wage to RM1,700 from RM1,500, as announced by the government in Budget 2025.
Property developer Eastern & Oriental Bhd (KL:E&O) said on Tuesday that it had yet to see notable impact from the revamped Malaysia My Second Home (MM2H) programme on its sales.
Meta Bright Group Bhd (KL:MBRIGHT), a diversified Main-Market listed company, has secured a RM60 million contract to supply ready-mixed concrete for the 88 Avenue mixed-development project in Kota Kinabalu, Sabah.
LBS Bina Group Bhd (KL:LBS) said it it looking into developing a 10-gigawatt (GW) green hydrogen plant in Kota Marudu, Sabah jointly with the Sabah Forestry Development Authority (Safoda) and two other companies.
Paragon Globe Bhd (KL:PGLOBE) said it has secured the rights to develop 67.42 acres of land in Iskandar Puteri, Johor, for a residential project with an estimated gross development value of RM733.12 million.
WMG’s non-interested directors — Shakinur Ain Karama, Teo Gim Suan, and Wong Lee Hung — shared the same stance on the offer of 16.5 sen per share by Exsim Group after considering Mainstreet Advisers Sdn Bhd’s views.