RHB Research remains upbeat on Matrix Concepts Holdings Bhd (KL:MATRIX), citing steady recurring income from its healthcare business, Mawar Medical Centre (MMC), and stronger growth, as its ward expansion nears completion by the end of 2025.
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:
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.
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