PETALING JAYA (March 30): Media Chinese International Ltd (MCIL) is drawing a definitive line under its North American print legacy, disposing of its Toronto industrial property for CAD$9.
Revenue for the quarter more than doubled to RM12.
Revenue for the quarter, meanwhile, increased by 5% year-on-year to RM416.
Quarterly revenue, however, rose 5.
Bursa Securities in a query asked Lion Industries five questions, including the reason for the estimated expenses for the disposal at RM22.
PLB Engineering said its wholly-owned subsidiary PLB Land Sdn Bhd had entered into a sale and purchase agreement with Milenium Baru Sdn Bhd on Aug 7 for the disposal.
“Upon completion of the (disposed) proposals, HexTech will continue mainly with its logistics, trading and technology and other businesses, such as insurance agency and investment holding,” HexTech said in a filing on Tuesday (July 4).
In a note, Nomura analysts Tushar Mohata and Alpa Aggarwal said the sale was a very positive development for the company and its parent, Genting Bhd.
KUALA LUMPUR (Dec 3): Southern Steel Bhd is disposing of two parcels of land in Sungai Tiram, Johor for RM65 million cash, to repay the group’s borrowings.
KUALA LUMPUR (Sept 14): Amcorp Properties Bhd sank into a deeper net loss of RM7.
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