TDM sells land in Terengganu for RM12m
KUALA LUMPUR (April 23): TDM Bhd is disposing of a piece of leasehold land in Besut, Terengganu, to Lembaga Tabung Amanah Warisan Negeri Terengganu (LTAW) for RM12 million.
UEM Sunrise’s Kepong project expected to be well-received
UEM Sunrise Bhd (April 22, 98 sen) Upgrade to buy with a higher target price (TP) of RM1.
Amid store closure news in the UK, Debenhams Malaysia plans expansion
KUALA LUMPUR (April 23): News of London-listed Debenhams plc falling into administration two weeks ago — with the lenders taking control of the company — have raised concerns about Debenhams Malaysia’s retail business here amid a tough retail environment.
Three new Pan Borneo Sabah work packages to be up for tender
KUALA LUMPUR (April 23): The government will tender out three additional work packages under the Sabah portion of the Pan Borneo Highway (pictured) project “in the near future”, according to the works ministry.
Gadang says it has yet to submit any official bid for ECRL jobs
KUALA LUMPUR (April 23): Gadang Holdings Bhd clarified yesterday that it has not submitted any official tender for the East Coast Rail Link (ECRL) project.
KPKT's first park to turn trash to cash in two years
KUALA LUMPUR (April 22): Housing and Local Government Minister Zuraida Kamaruddin plans to turn waste to profit by setting up designated waste parks in every state to focus on upcycling waste products.
Deepak suit: High Court fixes May 10 for hearing of discovery application by Najib and Rosmah
KUALA LUMPUR (April 22): The High Court has fixed May 10 to hear the applications filed by the former premier Datuk Seri Najib Razak, his wife Datin Seri Rosmah Mansor and one other to get 28 documents from carpet businessman Deepak Jaikishan, who claimed that he had been pressured by them to pay additional income tax.
IOI Properties' value emerges, says RHB Research
KUALA LUMPUR (April 22): RHB Research Institute Sdn Bhd has upgraded IOI Properties Bhd to "buy" from "neutral", with an unchanged target price of RM1.
Tan Wei Lian has not engaged Seacera on RM30m injection plan, co says
KUALA LUMPUR (April 22): Seacera Group Bhd says today it is unable to confirm the veracity of a news article which claimed Datuk William Tan Wei Lian pledged to inject at least RM30 million into the tile manufacturer to resolve its cash flow and credit liability, as Tan has not engaged the group on the proposal.
Gadang, DWL Resources up on bid for ECRL jobs
KUALA LUMPUR (April 22): Shares in Gadang Holdings Bhd and DWL Resources Bhd rose this morning after the duo entered into a pre-bid consortium agreement to jointly tender for and undertake infrastructure projects.
