Innopac to enter joint venture to develop land in Perak into an industrial park
Awana Rentak currently owns 48.4 acres of industrial land in Tanjung Malim, which it has unsuccessfully tried to sell in the last two years.
Chinese corporates view Singapore and Malaysia as top destinations for growth opportunities in Asean, says StanChart
The survey was done for the bank’s Borderless Business: China-Asean Corridor report, which explores potential opportunities for cross-border growth between both regions.
CapitaLand to restructure business, new entity to be listed on SGX; shareholders to receive implied consideration of S$4.102 per share
The scheme will also place the real estate development business of the group under private ownership to be fully held by CLA through the proposed privatisation of CapitaLand on completion of the scheme.
Aspen Group to award machinery procurement for Aspen gloves by early Feb, to launch new projects worth RM500m within its Aspen Vision City masterplan
“We are pleased to announce that we have officially moved to the Mainboard after trading on the Catalist Board for the last 3.5 years.”
Aspen will transfer to SGX Mainboard on Jan 28
Trading of the company’s shares will commence at 9am on the same day.
Riverstone Holdings subsidiary acquires land in Selangor for RM5m
The land measures about 6,740.76 sqm (or 72,557 sqft) and was purchased to support the expansion of the group’s operations, as well as the expansion of of production capacity for cleanroom gloves.
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LOGOS to become shareholder of Aspen subsidiary for RM296.7m
Under the agreement, LOGOS will subscribe for 3.75 million shares in GVL at an issue price of RM79.11 per subscription share, which is equivalent to 60% of the issued and paid-up capital of GVL following the subscription.
Singapore could not accept Malaysia's proposal to remove systems supplier and network operator of HSR – report
Ong told Parliament on Jan 4 that the proposal to do so was a “fundamental departure” from the original agreement.
Aspen returns to profitability, reports profit before tax of RM74.9 mil in 3Q
The group says the profit came due to operating revenue generated during the quarter, despite the negative impact of the Covid-19 pandemic
