Hextar Tech sells land to firms linked to shareholder Eddie Ong to raise RM78.3 mil cash
The proposed land sales will enable HexTech to raise RM78.
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.
Its portfolio occupancy improved to 89.
The corporate proposals entail a combined outlay of RM157.