CMMT 3Q NPI falls on higher vacancies and rental relief, pays DPU of 1.13 sen
KUALA LUMPUR (Oct 29): CapitaLand Malaysia Mall Trust's (CMMT) net property income (NPI) fell 17.
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RHB employee at Menara Capital Square tests positive for Covid-19
KUALA LUMPUR (Oct 23): RHB Bank Bhd saw one of its employees working on Level 13 of Menara Capital Square test positive for Covid-19 today.
Aspen Group putting high hopes on glove making
Penang-based property developer Aspen (Group) Holdings Limited (Aspen Group) has announced the company’s latest venture into the rubber glove manufacturing business in August this year, as a move to diversify from its property development business.
Top Builders to resolve financial problems by issuing shares, including a cash call
KUALA LUMPUR (Oct 1): Top Builders Capital Bhd (formerly known as Ikhmas Jaya Group Bhd) has announced a cocktail of proposals, including debt-to-equity settlement and a rights issue, to lift itself out of the financial woes.
Mah Sing to issue RM100m redeemable convertible sukuk for future investments and working capital
KUALA LUMPUR (Sept 24): Mah Sing Group Bhd intends to issue up to RM100 million unrated seven-year redeemable convertible sukuk murabahah to fund future investments and working capital requirements.
Encorp plans private placement to fund expansion activities and working capital
KUALA LUMPUR (Sept 24): Encorp Bhd plans to raise RM5.
WORQ secures RM10m funding to expand into RM3b flexi-office market
KUALA LUMPUR (Sept 23): Malaysia-based coworking space operator WORQ has secured RM10 million in funding from seven follow-on investors that include the Singapore independent fund management company Phillip Capital Management.
MB World share trade to be suspended on Sept 2
KUALA LUMPUR (Aug 26): MB World Group Bhd's share trade will be suspended from 9am next Wednesday (Sept 2) as the joint offerors under the takeover offer for the property developer have collectively held more than 90% its shares and they do not intend to maintain the listing status of MB World on Bursa Malaysia's Main Market.
Property developer Aspen teams up with Chua Ma Yu for rubber glove venture
KUALA LUMPUR (Aug 13): Singapore-listed property company Aspen (Group) Holdings Ltd has announced it will be teaming up with CMY Capital Sdn Bhd, an investment holding company founded by prominent businessman Tan Sri Chua Ma Yu, and another investor to diversify into the manufacture and distribution of rubber gloves.
