News by theedgemarkets.com

In a bourse filing on Thursday (April  28), ACE Market-listed Vortex said it has entered into a conditional sale and purchase agreement with developer Aset Kayamas for the proposed acquisition.

In a trading stocks note today, the research house said the “higher high” bullish pattern that emerged yesterday may cause the stock to jump further towards hitting RM1.50, followed by the RM1.56 resistance.

The campaign, which runs until July 31, will offer sale promotion deals, including free memorandum of transfer, an interest-free period until December this year and 100% financing from Maybank Islamic’s HouzKey programme. Selected units will also be fitted with free kitchen cabinets.

In a statement on Thursday (April 28), MRT Corp said the RFP is open to companies with experience in managing at least one railway project in Malaysia or overseas of a minimum aggregate value of RM1 billion. The project should also have at least two of three elements, which are elevated stations and viaducts, underground stations and bored tunnels, or railway systems.

Tan Sri Cecil Abraham representing YWP submitted to a three-man bench via online proceedings that the application for the development of the Taman Rimba Kiara land was made solely by Memang Perkasa and did not involve YWP.

HostAStay is one of the leading short-stay management companies in Malaysia. This collaboration synergises Tropicana’s property portfolio in tourism hotspots with HostAStay’s established track record for excellence in the short-term accommodation segment. This initiative is also set to drive hassle-free returns for Tropicana purchasers and homeowners. 

Distributable income for the quarter amounted to RM20.5 million or 0.95 sen per unit, while revenue grew 19% to RM67.59 million from RM56.66 million a year earlier.

Following the positive trajectories of better market stability and renewed signs of interest, IGB Commercial REIT said it will continue to position itself as the preferred partner for real estate solutions, focusing on building strong relationships with tenants, and maintaining expenses at reasonable levels.

The group intends to utilise the gross proceeds raised from the proposed exercise to redeem all outstanding RCPS-i B which were issued in December 2017 and to repay borrowings. As at April 8, 2022, it had 1.18 billion RCPS-i B amounting to RM1.04 billion in issue.

Foo, 51, assumed the role of executive chairman on April 7. According to bourse filings, she started her early career as a personal assistant to a company director. She then ventured into the insurance business.