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SCIB buys land for RM21.6 mil for capacity expansion

Sarawak Consolidated Industries Bhd (SCIB) said it is acquiring leasehold plots in Demak Laut Industrial Park in Kuching from the Land and Survey Department of Sarawak measuring 8.85 ha for RM21.62 million cash.

AZRB subsidiary served with winding-up petition for allegedly failing to pay debt

Ahmad Zaki Sdn Bhd (AZSB), a wholly-owned subsidiary of engineering and construction group Ahmad Zaki Resources Bhd (AZRB), has been served with a winding-up petition by Sukiada Engineering Sdn Bhd (SESB) for allegedly failing to settle an outstanding amount of RM168,115.25 excluding interest as at June 30, 2023.

Tropicana sells Courtyard by Marriott Penang for RM165 mil

Tropicana Macalister Avenue (Penang) Sdn Bhd, a wholly-owned subsidiary of Tropicana Corp Bhd today signed a sale and purchase agreement with IOI PFCC Hotel Sdn Bhd, an indirect subsidiary of IOI Properties Group Bhd for the sale of Courtyard by Marriott Penang for a total cash consideration of RM165 million.

Berjaya Land, MRCB shares surge following reported partnership on KL-Singapore HSR bid

Berjaya Land Bhd's (BLand) and Malaysian Resources Corp Bhd's (MRCB) shares reached a record high during Friday's morning trading session, following a report by The Edge that the two construction outfits are teaming up, alongside IJM Corp Bhd and Keretapi Tanah Melayu Bhd (KTMB), to bid for the Kuala Lumpur-Singapore high-speed rail (HSR) project.