Construction player GDB Holdings seeks ACE Market listing

KUALA LUMPUR (Oct 13): GDB Holdings Bhd, a construction services provider which focuses on high-rise residential, commercial and mixed development projects, is aiming to be listed on Bursa Malaysia’s ACE Market to raise funds, mainly for capital expenditure (capex).

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Ho Hup Construction calls off RM136m rights issue

KUALA LUMPUR (Oct 13): Ho Hup Construction Co Bhd has called off a RM136 million cash call after the extension of time to implement the corporate exercise lapsed, adding that it will explore alternative options to fund its construction and property development projects.

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