Varia lodges RM3b sukuk programme with SC to fund capex, refinance debt
Varia Bhd (KL:VARIA) has lodged a sukuk murabahah programme of up to RM3 billion with the Securities Commission Malaysia.
Matrix Concepts partners Golog Holdings to develop 618-acre industrial park in Negeri Sembilan
Matrix Concepts Holdings Bhd (KL:MATRIX) has signed a memorandum of understanding (MOU) with logistics company Golog Holdings Sdn Bhd (Golog) to jointly develop the China-Malaysia Air Silk Road Dual Hub Industrial Park in MVV TechValley at Negeri Sembilan.
Advancecon wins adjudication award in ECRL payment dispute
Advancecon Holdings Bhd (KL:ADVCON) said the group has secured a favourable adjudication decision against China Communication Construction (ECRL) Sdn Bhd (CCC) in relation to a payment dispute involving the East Coast Rail Link (ECRL) project.
GDB plans placing out 10% of its shares to raise RM39 mil for working capital
Construction firm GDB Holdings Bhd (KL:GDB) has proposed a private placement of 93.75 million new shares, representing about 10% of its issued share capital, to independent third party investors Datuk Seri Chan Leng Sam and Datuk Seri Voon Thien Loong.
Malaysia yet to decide on development model for KL–Singapore High-Speed Rail
Malaysia has yet to decide on the Kuala Lumpur–Singapore High Speed Rail (HSR) project, despite seeking concept proposals from private firms two years ago.
YNH Property expects RM105m profit from Bangsar South residential JV
YNH Property Bhd (KL:YNH) expects to book an estimated profit of RM105 million from the residential project in Bangsar South that it is planning to jointly develop with Genland Sdn Bhd.
KHK Land and Bell showcase helicopter connectivity at Anyara Hills
Located approximately 25 minutes from Kuala Lumpur, the township includes a dedicated helipad within its masterplan to enable air travel across Peninsular Malaysia.
Sabah state election may boost construction and property stocks—MBSB Research
With 73 seats at stake, the outcome will test the unity government's popularity amid Sabah's fluid political landscape.
Quake-readiness a new growth theme for Malaysian construction, insurance stocks—Maybank IB
Construction firms are expected to gain from increased demand for quake-resistant buildings and repair work.
Lion Industries looking to revitalise Amsteel’s two mills amid tough landscape
The group is also in talks with potential strategic partners to provide new technologies.
