Chin Hin founder Chiau Beng Teik ceases to be substantial shareholder in NCT Alliance
Following the disposal, Chiau’s shareholding in NCT has fallen to 74.
Following the disposal, Chiau’s shareholding in NCT has fallen to 74.
The project's development cost is estimated at RM406.
Separately, Signature announced that its net profit for the second quarter ended June 30, 2024 (2QFY2024) halved to RM10.
Chin Hin is acquiring the stakes in CSS Engineering & Construction Sdn Bhd (CEC) and Critical System Specialist Sdn Bhd (CSS) from two individuals, with total cash of RM26.
Prior to joining UEM, Datuk Mohd Izani Ghani was the executive director of the investment division at Khazanah and the chief financial officer of Khazanah.
Happening concurrently with Archidex is the Asean-China Ministerial Roundtable on Construction and Housing (ACMROCH) 2024 hosted by KPKT, and the DATUM Conferences.
Solarvest said the proposed acquisition is to allow the company to set up its new headquarters and own a permanent business premises for growing its business, operations and staff strength.
As of March 31, Parkson operated 42 stores in 28 cities across China.
In a note on Monday, the research house said that based on its assessment, Ho Chi Minh City is set to grow and be a major driver of Gamuda Land’s growth in Vietnam while maintaining the country’s contribution of at least 25% to 30% of group revenue in the coming years.