EcoFirst to acquire remaining stake in firm that owns KL land earmarked for development
The stake in the firm, BCM Holdings Sdn Bhd, is held by Tan You Tiong, who is also a major shareholder of EcoFirst with a 14% equity interest.
The stake in the firm, BCM Holdings Sdn Bhd, is held by Tan You Tiong, who is also a major shareholder of EcoFirst with a 14% equity interest.
The disposal of the freehold land, measuring 6,658 sq m, is part of the company's plans to streamline its operations by focusing on its core business of aluminium smelting and channelling the proceeds towards its daily operating activities, it said in a filing with Bursa Malaysia.
KUALA LUMPUR (April 7): EcoFirst Consolidated Bhd is acquiring a 51% stake in BCM Holdings Sdn Bhd, the owner of 4.
KUALA LUMPUR (March 3): A scaffolding at a construction site along the Sungai Besi-Ulu Klang Elevated Expressway (SUKE), near Desa Tun Razak, collapsed this evening resulting in at least five people trapped in a van, reported the Malay Mail today.
KUALA LUMPUR (Nov 13): PMB Technology Bhd is acquiring a 7,300 sq m freehold land in Sungai Besi for RM30 million.
KUALA LUMPUR (Jan 18): Datuk Seri Chia Kok Teong has “emerged” as a new substantial shareholder in Vivocom International Holdings Bhd, reported The Edge Malaysia today.
KUALA LUMPUR (Dec 14): The Bandar Malaysia project, which is to redevelop the former air-force base in Sungai Besi, is expected to kickstart in the New Year — a few weeks from now.
KUALA LUMPUR (Jan 29): Malaysian Resources Corp Bhd (MRCB) said yesterday it has received a letter of acceptance from Turnpike Synergy Sdn Bhd, a wholly-owned subsidiary of Projek Lintasan Kota Holdings Sdn Bhd, to accept MRCB's offer to undertake Package CA2 of the Sungai Besi-Ulu Kelang Elevated Expressway (SUKE) project at RM323 million.
KUALA LUMPUR (Dec 20): Chuan Huat Resources Bhd is seeking to clinch a deal to supply building materials worth up to RM200 million for a project in Kuala Lumpur with a gross development value of over RM2.
KUALA LUMPUR (Dec 13): Protasco Bhd said today its subsidiary HCM Engineering Sdn Bhd received a termination letter from Turnpike Synergy Sdn Bhd (TSSB) for the construction of the Sungai Besi-Ulu Kelang Elevated Expressway (SUKE) due to the delay in the project's implementation.