WCT Holdings to acquire remaining 49% stake in JV undertaking shopping complex at Merdeka 118
“Upon completion of the acquisition and the transfer of the sale shares to WCTB, the joint venture company shall become a wholly-owned subsidiary of WCTB.
“Upon completion of the acquisition and the transfer of the sale shares to WCTB, the joint venture company shall become a wholly-owned subsidiary of WCTB.
The Practice Note 17 (PN17) company had on Wednesday (June 28) submitted its quarterly report for its second financial quarter ended Dec 31, 2022 (2QFY2023) to Bursa Securities.
The proposed land sales will enable HexTech to raise RM78.
The piling and engineering firm also faces delisting if it fails to issue its outstanding financial statements within six months, according to its filing on Thursday (June 1).
The auditor pointed to the group's and the company's accumulated losses of RM53.
The two parties were not able to agree on the appointment of the relevant contractors and sub-contractors and also their plans in the execution of the proposed development.
The survey revealed that Japan is expected to lead the investment recovery in the second quarter (2Q2023), followed by mainland China and Hong Kong in the following quarter, and Singapore, India and New Zealand in 4Q2023.
According to a series of Bursa Malaysia filings on Wednesday, Yong Tai said Domain Capital had acquired the block of shares off market on Tuesday, but did not disclose the price.
Sand Nisko said the HOA entered into by both parties was meant to set forth the intentions and commitments to establish a collaboration between both parties for the development, dubbed Meswara City.
As a new entrant in the moneylending business, PHB said it will develop its customer base gradually by providing flexible financing schemes to cater for a broader range of customers.