Paragon Globe buys RM13.5m land in Plentong for detached factory
The group plans to develop the land by constructing a detached factory, scheduled to commence in 2025 and expected to take 1.
Binastra secures RM315m contract to build apartments
The job scope covers the main building works of the development, comprising two 40-storey apartments — one with 757 units and the other with 743 units, as well as an eight-storey carpark.
Sime Darby Property shares notch another fresh six-year high after announcement of internal reorganisation
The counter has surged over 120% year-to-date.
Parkson’s subsidiaries in China renew tenancy for 10 years
As of March 31, Parkson operated 42 stores in 28 cities across China.
TAFI Industries unit disposes of Muar property for RM12 mil
TAFI said its TAFPSB has entered into a sale and purchase agreement with Comfy Factor Sdn Bhd & NNST Capital Sdn Bhd for the disposal, which will realise a gain after Real Property Gains Tax (RPGT) of some RM8.
Tasco to invest additional RM400m to expand warehouse capacity over next two years
Executive chairman and substantial shareholder Lee Check Poh said the group has so far invested RM300 million in the expansion of its warehouses, exceeding the minimum RM240 million investment in capital expenditure (capex) to qualify for the income tax exemption under the Malaysian Investment Development Authority’s (Mida) integrated logistics services (ILS) scheme.
Nextgreen inks MOU with SPOIC to establish Green Technology Park Sandakan
Under the MOU, Nextgreen and SPOIC are exploring the possibility of establishing a joint venture company (JV) for the proposed project.
Sime Darby Property plans internal reorganisation to streamline business operations
This is to streamline the company's structure into separate business streams, to better reflect its diverse operations.
Paramount Corp eyes profit boost with EWI stake, targets 30% earnings from overseas projects by 2030
Paramount chief executive officer Jeffrey Chew Sun Teong: “We have grown five times over the last ten years and reached RM1 billion in sales.
S P Setia maintains positive outlook amid government’s fuel subsidy rationalisation
Datuk Choong Kai Wai, president & CEO, assured that S P Setia will emphasise “cost control and operational efficiency to foster sustainable growth through these economic shifts”.
