Aspen to secure RM44m via convertible loan

KUALA LUMPUR (May 22): Aspen Group Holdings Ltd is planning to raise RM44 million via a convertible loan agreement to finance its investments in associate company Global Vision Logistics Sdn Bhd in Shah Alam, the construction of the central park located in Aspen Vision City, investment in associate company Bandar Cassia Properties (SC) Sdn Bhd, its other development projects and for working capital.

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Bursa suspends short selling of Cahya Mata Sarawak again

KUALA LUMPUR (May 21): Bursa Malaysia has again suspended the proprietary day trader (PDT) and intraday short selling (IDSS) activities of Cahya Mata Sarawak Bhd (CMSB) for the rest of the day, after the last done price had dropped by more than 15 sen or 15% from the reference price.

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Vizione eyes new govt’s affordable housing projects

KUALA LUMPUR (May 21): Vizione Holdings Bhd, a niche player in the affordable housing sector, finds its business strategy to be in tandem with the new government’s promise to build one million affordable homes across the country within two terms of its administration.

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