Leong Kim Fong adds Eden Inc to holdings shortly after investing into TWL
Eden Inc announced that Leong had acquired 35.21 million shares through private placement.
Meridian falls under PN17 as auditor refrains from expressing opinion on financial statements
Additionally, the group's cash reserves are low for both entities, with the group's bank overdraft exceeding its credit limit, and a significant portion of the group's inventory is encumbered by a private caveat, complicating its disposal.
YNH Property in 'technical default' for Islamic MTN programme; MARC cuts rating further
“The rating action reflects MARC Ratings’ heightened concerns on YNH’s continued weak financial position, the lack of meaningful earnings visibility, and the protracted delays in asset disposals.”
SkyWorld Development may extend upward trajectory, says Rakuten Trade
“We expect the rising momentum to steer the stock to trend higher and test the next level of resistance of 67.5 sen (R1), followed by 74 sen (R2)."
Sarawak Consolidated bags revised contract of RM162m for PR1MA housing project
The initial contract, valued at an estimated RM120 million, was awarded to SCIB Properties back in May 2021.
Inta Bina wins RM348.92m job for mixed development project in Shah Alam
The letter of award was from Eco Ardence Sdn Bhd to undertake the main building works for the proposed Maya Integrated Development.
Govt introduces tiered pricing for green electricity with lower tariffs
The new rates are set at 10 sen per kilowatt-hour (kWh) for domestic and non-domestic low-voltage users, and 20 sen/kWh for non-domestic medium and high-voltage users.
Sabah-based KTI Landmark gets Bursa’s approval for ACE Market IPO
Property developer KTI Landmark Bhd said on Monday that it has secured approval for its initial public offering (IPO) on ACE Market from Bursa Malaysia.
RTS Link operator appoints Khairil Anwar as chairman
RTS Operations Pte Ltd (RTSO), the operator of the Johor Bahru-Singapore Rapid Transit System Link (RTS Link) project, has appointed Datuk Khairil Anwar Ahmad as its new chairman, replacing Datuk Mohd Farid Mohd Adnan.
KLCCP issues RM1.95b sukuk to fund 40% stake buy in Suria KLCC
KLCC Property Holdings Bhd (KLCCP) said it has on Friday made the first issuance of Sukuk Wakalah amounting to RM1.95 billion in nominal value under the RM5 billion programme, to finance the acquisition of a 40% stake in Suria KLCC Sdn Bhd.
