Majuperak enters RM140m land swap deal to add landbank in Silver Valley Technology Park

KUALA LUMPUR (Aug 13): Majuperak Holdings Bhd has entered into a land swap deal to dispose of four plots of its land valued at RM100 milllion in Sungai Raya to the Perak State Economic Development Corporation (PKNP) in exchange for three pieces of land valued at RM140 million in Hulu Kinta In a filing today, Majuperak said the difference of RM40 million will be deemed as an amount owed by the group to PKNP.

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Enhancements outlined in Perkukuh for institutional investors hailed

KUALA LUMPUR (Aug 12): The Government's Perkukuh Pelaburan Rakyat (Perkukuh) initiative to reform Government-Linked Investment Companies (GLICs) has been hailed by leading GLICs such as the Employees Provident Fund (EPF), Permodalan Nasional Bhd (PNB), Kumpulan Wang Persaraan (Diperbadankan) (KWAP) and Khazanah Nasional Bhd.

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