Ageson’s RM279m industrial land disposal called off
Regarding the aborted sale of the proposed 33 industrial lots, the company was to pay MBI Perak RM72 million.
Malaysia lifts RE exports ban and raises 2050 generation capacity goal to 70%
The “cross-border RE sale will be conducted via an electricity exchange system to be set up by the government”, Rafizi said.
Citaglobal’s unit wins RM261m rail rehabilitation KVDT2 works contract
The KVDT2 project involves the replacement of existing 25-year-old railway tracks, an electrification system and an upgrade and maintenance of the facilities involving two railway tracks from Salak South to Seremban, and from Simpang Port Klang to Port Klang.
Deputy minister says 92 problematic private housing projects with RM5b GDV successfully restored in 1Q2023
As of end-March, he said the ministry had identified a total of 657 problematic housing projects, of which 435 were categorised as “sick” projects, 112 were abandoned projects, and 110 were delayed projects.
Pegasus Heights venturing into moneylending business, proposes 86% capital reduction
As a new entrant in the moneylending business, PHB said it will develop its customer base gradually by providing flexible financing schemes to cater for a broader range of customers.
UOA REIT posts weaker earnings on lower occupancy, higher expenditure
Going forward, UOA REIT said economic conditions remain as the key factor influencing the occupancy and rental rates of its properties.
Pasdec appoints Liew as new CEO
Meanwhile, former group managing director Tew Kim Kiat has been redesignated to executive director.
The REAL deal: Let’s get serious about MM2H
It’s better late than never for us to get back in the game.
OCBC Bank extends RM700m financing to Ideal Property Group
OCBC Bank will also be offering an attractive end-financing package to qualified end purchasers of the industrial park.
EcoWorld International’s proposed capital reduction of RM1.5 bil to facilitate distributions to shareholders
Datuk Teow Leong Seng, president & CEO: “The proposed capital reduction is a concrete first step towards the realisation of EcoWorld International’s commitment to meet our targeted distribution of RM900 million to our shareholders as earlier announced.
