Precision components manufacturer Notion VTec Bhd (KL:NOTION) said it is acquiring a four-hectare vacant freehold agricultural land in Kapar, Klang, for RM29.62 million, as part of the expansion of its manufacturing operations.

Bina Puri Holdings Bhd (KL:BPURI) on Thursday said it is in the midst of restructuring its loan with Export-Import Bank of Malaysia Bhd (Exim Bank), following a winding-up petition from the bank on Tuesday.

YTL Corp Bhd (KL:YTL) said its Singapore-listed industrialised building systems (IBS) unit NSL Ltd has received a four-month extension until June 6 to adhere to the Singapore Exchange's (SGX) 10% public shareholding requirement.

CapitaLand Malaysia Trust (KL:CLMT) is buying three industrial properties located in Senai Airport City for RM72 million from Gromutual Bhd’s subsidiary Rainbow Entity Sdn Bhd.

Citaglobal Bhd (KL:CITAGLB) said that the company has no immediate plan to develop the 1.58-acre land at Jalan Tun Razak, Kuala Lumpur that it intends to acquire from Bank Islam Malaysia Bhd (KL:BIMB) for RM73 million.

Noteworthy:

• Freehold
• Built-up size: 2,573 sq ft
• Floor level: high
• 4 bedrooms, 5 bathrooms
• Semi-furnished
• Nearby amenities: Plaza Arkadia, The Waterfront @ Parkcity, Damansara Specialist Hospital 2, Kuala Lumpur Steiner School, MRT Sri Damansara Timur
• Accessibility: LDP, DUKE, NKVE, MRR2, Jalan Tun Razak, Jalan Lang Emas

December 2024

KLCCP Stapled Group (KL:KLCC) posted a 12% rise in net profit for the fourth quarter, driven by full ownership of Suria KLCC Mall and higher fair value gains.

Opposition Member of Parliament Datuk Wira Mas Ermieyati Samsudin (PN-Masjid Tanah) on Wednesday raised concerns over investments totalling more than RM600 million by government-linked company Pelaburan Hartanah Bhd.

Steel manufacturer Ann Joo Resources Bhd (KL:ANNJOO) said it is acquiring the remaining 45% equity interest in Konsortia Etiqa Sdn Bhd (KESB), the owner of 437 acres of industrial land in Kedah, for RM96 million.

Bina Puri Holdings Bhd (KL:BPURI) said the company is appealing against the summary judgment obtained by Wisma Majujaya Sdn Bhd in the RM28.17 million suit filed against it, its wholly owned unit Bina Puri Properties Sdn Bhd, and deputy executive chairman Tan Sri Tee Hock Seng.