News about board

KUALA LUMPUR (March 20): Mieco Chipboard Bhd (KL:MIECO) is selling 16.

KUALA LUMPUR, March 10 (Bernama) : The Malaysian Construction Industry Development Board (CIDB) has launched the Digital Construction Management (DCM) platform to drive the digitalisation agenda and enhance the competitiveness of the country’s construction sector.

Sunway, which announced on Jan 12 its intention to acquire IJM, is offering to snap up shares in the latter for cash of 31.

Just a year into his executive director role, Yu Jian Loong, 25, was one of three board members who were voted out after seeking re-election at the company’s AGM.

According to a filing with Bursa Malaysia, the shareholders, who claim to collectively own 10.

The first attempt to remove the board, involving a 10-member shareholder group, failed after the requisition was rejected in the same month.

Cheng Kiat, 77, established Bina Puri in 1975 and has served on its board since Nov 5, 1990.

On a back-of-the-envelope calculation, each unit would cost approximately RM256,998.

"To resolve this, we have devised a plan to determine which assets LTAT should retain a larger direct shareholding in and which should remain under Boustead’s management.

Under the previously scrapped "Project Moonshot", Boustead was to transition from a diversified conglomerate into a real estate-focused entity.