Annum’s largest shareholder Chin Kok Foong exits group after selling 15% stake to Ageson's Larry Liew
Following the acquisition — made through his private investment vehicle Ukay One Sdn Bhd — Liew has a direct holding of 2.
KTI Landmark to raise RM48m from ACE Market IPO
“The allocation of proceeds for our working capital requirements will reduce our dependency on external financing, and allow us to undertake more projects concurrently.
Pintaras Jaya rises to 14-month high after announcing 3Q results
On its part, Pintaras said its outstanding construction orderbook worth about RM316 million will help the company “navigate through the next few challenging months” while noting “an upturn in construction activities”.
Binastra MD offloads 6% stake for RM36m
Meanwhile, a separate filing showed that Binastra’s executive director Lee Seng Yong acquired the 30 million share block, raising his stake in the company to 14.
Menang declares six sen special dividend as earnings rises to six-year high
The better quarterly earnings were due to an adjustment it made to reverse the over-accrued liability in the current quarter, totalling RM4.
Sunway Construction posts 16% rise in 1Q net profit, eyes more advanced jobs
“The group is optimistic of registering a positive growth in FY2024 supported by our strong existing outstanding order book” totalling RM6.
KLK, Batu Kawan post lower 2Q earnings despite improved performance by plantation segment
For the first six months of FY2024, KLK’s net profit fell 45.
Govt extends freeze on foreign worker applications, no new quota
He stressed that the foreign labour quota for the Chinese company for the ECRL project has previously been approved and is only being extended to ensure the “high-impact” project, which Saifuddin said is close to 70% completion, faces no difficulties.
Ehsan Bina Group partners Maybank Islamic to provide financing solution
Maybank Islamic’s HouzKEY programme is a financing option that provides 100% financing to homebuyers with no instalment during the construction phase, no downpayment and lower monthly repayment upon completion.
