News by theedgemalaysia.com

Bursa Securities has publicly reprimanded Ecobuilt Holdings Bhd (KL:ECOHLDS) for the latter’s failure to make an immediate announcement and misrepresentation relating to a winding-up order last year.

Sunway Construction Group Bhd (KL:SUNCON) is divesting its entire 40% stake in Engie-Sunway DCS Sdn Bhd to Sunway Bhd’s (KL:SUNWAY) facilities management arm, Sunway Property & Facility Management Sdn Bhd (SPFM), for RM10.98 million cash.

Sunway Bhd’s (KL:SUNWAY) fully-owned subsidiary, Sunway Iskandar Development Sdn Bhd (SIDSB), has set up a perpetual medium-term note (MTN) programme of up to RM2 billion to fund its flagship Johor township project.

Maxim Global Bhd (KL:MAXIM) is buying a nine-storey office tower on Jalan Klang Lama here for RM29.5 million to serve as its new office.

A day after the fracas over eviction in Kampung Sungai Baru, the village’s residents are now turning to the court while keeping their doors open to talks with the government.

Classita Holdings Bhd (KL:CLASSITA), which is set to be renamed NexG Bina Bhd, clarified on Thursday that the proposed selling price for its 49% stake in its lingerie business is not fixed at RM34.1 million, contrary to earlier reports.

Gamuda Bhd (KL:GAMUDA) said a consortium comprising its Singapore subsidiary and two other companies has submitted the highest bid of S$1.01 billion (about RM3.33 billion) in a tender for a mixed-use residential and commercial site in Singapore.

Fire protection solutions provider Unique Fire Holdings Bhd (KL:UNIQUE), which recently transferred to the Main Market of Bursa Malaysia, is acquiring a land parcel measuring 4,926 square metres in Shah Alam for RM15.54 million, to support its long-term expansion plans.

Al-Salam Real Estate Investment Trust (KL:ALSREIT) has proposed the establishment of a sukuk programme worth up to RM3 billion in nominal value.

Aman Cove Sdn Bhd, a joint venture between Aman Setia Group and Imperio Group, has signed a sales and purchase (S&P) agreement with Kulim Technology Park Corporation (KTPC) on Sept 8, to acquire 69.95 acres of commercial and residential land at the Kulim Hi-Tech Park (KHTP) for RM67 million.