EcoWorld’s unit issues RM180m sukuk
KUALA LUMPUR (March 24): Eco World Development Group Bhd (EcoWorld) said its wholly-owned subsidiary Eco World Capital Services Bhd has established a sukuk wakalah programme of RM500 million in nominal value.
Logistics, e-commerce, healthcare among areas for S P Setia’s potential business diversification
KUALA LUMPUR (March 24): Property developer S P Setia Bhd said it had identified several potential areas for business diversification, according to the group’s 2020 Annual Report released today.
Najib seeks court order to access bank statements of companies related to Jho Low, Zeti's husband
KUALA LUMPUR (March 24): Former prime minister Datuk Seri Najib Razak (pictured) is seeking a court order to obtain bank statements and other related documents of companies believed to be related to Low Taek Jho — also known as Jho Low — who is the purported mastermind of the 1Malaysia Development Bhd (1MDB) financial scandal.
Fajarbaru announces boardroom changes; Chan Kong Choy is new chairman
KUALA LUMPUR (March 24): Former transport minister Tan Sri Chan Kong Choy has been made the chairman of Fajarbaru Builder Group Bhd, as part of a slew of boardroom changes announced by the company yesterday.
DONE DEAL: Serviced apartment at Banyan Tree Signatures Pavilion, Jalan Conlay, Kuala Lumpur
Read also DONE DEAL: Serviced apartment at Pavilion Suites, Jalan Bukit Bintang, Kuala Lumpur DONE DEAL: Double-storey bungalow at Section 16 (Petaling Jaya), Kuala Lumpur Banyan Tree Signatures Pavilion is a luxury high-rise serviced apartment project developed by the Pavilion Group.
Singapore: Why Good Class Bungalow prices, transactions will continue to soar
SINGAPORE (March 19): In the first 2½ months of 2021, Realstar Premier Group brokered the sale of five detached houses — including three Good Class Bungalows (GCBs) — and a corner semi-detached house at One Tree Hill estate.
IBM to shut down Cyberjaya Global Delivery Centre on May 31
KUALA LUMPUR (March 23): IBM will be shutting down its Global Delivery Centre located in Cyberjaya, Selangor on May 31 — seven years after it was first opened in February 2014.
Boustead Holdings seeks time extension to comply with RM2.5b bond covenant
KUALA LUMPUR (March 22): Boustead Holdings Bhd is seeking time extension consent from holders of the diversified group’s RM2.
Parkson’s ‘store count’ to shrink
KUALA LUMPUR (March 20): Parkson Corp Sdn Bhd (Parkson) will shut down two of its department stores this year while “mulling the closure of a third store”, The Edge Malaysia reported this week.
Widad calls off RM122m concession biz acquisition from Menang Corp
KUALA LUMPUR (March 19): Widad Group Bhd has called off the proposed acquisition of Inovatif Mewah Sdn Bhd for RM122 million from Menang Corp Bhd.
