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News about Perak

Perak Corp’s scheme of arrangement faces creditor’s opposition

Mar 20

Mohamed Shafeii said he took the legal action after new evidence surfaced during proceedings in the Ipoh Magistrate's Court, which ruled in September last year that there were elements of crime detected in the diversified group's restructuring exercise.

READ MORE

YNH gets shareholders' nod to sell KL, Perak retail assets for RM423m

Mar 02

The disposal will help to pare down bank borrowings and add working capital requirements for the group.

READ MORE

Tropicana's Danny Tan emerges as substantial shareholder of Perak Transit

Feb 24

Perak Transit said in a filing to Bursa Malaysia on Thursday (Feb 23) that the acquisition was done on Thursday but the transacted price was not disclosed.

READ MORE

Tafi secures RM11 mil contract to build theme park in Perak

Feb 16

The group said the eight-month contract, awarded by TT5 Theme Assets Sdn Bhd, is expected to contribute positively to its earnings for the financial years ending Dec 31 2023 (FY2023) and FY2024.

READ MORE

Samaiden unit receives two notices of arbitration for RM12.21m

Feb 14

"The company does not expect to incur any losses arising from the commencement of the arbitration proceedings other than legal cost and the associated costs.

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Perak Transit accepts extended agreement to provide construction services to another edotco unit

Jan 30

At the time, Perak Transit said the agreement was in line with its strategy to pursue new opportunities to increase its revenue stream, and to diversify its earnings base and reduce dependency on its existing business.

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Perak Corp gets new CEO after Zainal Iskandar left nearly four months ago

Jan 10

Rosmin joined Sime Darby Property Malaysia in June 2018 as the senior vice-president for Malaysia Vision Valley project.

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Majuperak to dispose of 134.2ha land to Perak Agro Corporation for RM9.53m as debt settlement

Jan 06

The group said that the land, located in the Mukim Sungai Tinggi District of Larut & Matang, is currently charged to Perak Agro Corporation Sdn Bhd as security to the loan owed by Majuperak.

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CNN Travel revelation gives Ipoh a boost

Dec 26

The list of 18 of Asia's Most Underrated Places gives exposure and recognition to each destination that is deemed to have good tourism value, but still lacks the attention it deserves.

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Majuperak inks MOU to develop 857.75 acres of land in Perak into strategic assets

Oct 05

Nexusbase Developments Sdn Bhd, a subsidiary company of Majuperak, has been identified as the master developer for the mixed property development projects.

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