News about AP

MBSB's previous chairman Tan Sri Azlan Zainol passed away in January last year.

According to Kumpulan Jetson, the proposed SCR is to enhance the group’s credibility with bankers, customers, suppliers and investors due to an improved financial standing, as well as facilitate the declaration of dividends in the event the company has retained earnings in the future.

Maju Offshore Capital offloaded the stake comprising 100 million shares via a direct business transaction on Monday, according to a bourse filing on Wednesday.

The industrial mould manufacturer said it signed an agreement on Tuesday to sell the land, measuring 4,716 sq m, to Exsim Putra Permai 45 Sdn Bhd.

Rapid Synergy said the land in question is a freehold piece of land that was amalgamated from three parcels in Sri Hartamas here.

YNH Property was the third most active stock with a trading volume of 233.

“Bangsar Hill Park has been intentionally designed as purely residential condominiums to complement the commercial aspect in this vicinity.

This marks the third time that YNH, which is linked to prominent investor Datuk Dr Yu Kuan Chon, hit limit down within the past two weeks.

Rapid Synergy, YNH Property and Imaspro had received unusual market activity queries from Bursa Malaysia last week and had responded to the local stock exchange operator.

“If the response is positive, we will move on to the second phase with the Request for Proposal (RFP) stage to obtain detailed proposals from the selected consortia.