Bina Puri mulls raising fund
KUALA LUMPUR (June 22): Bina Puri Holdings Bhd is considering making a cash call from investors via a rights issue to reduce its gearing to as low as 1.
Glomac 4Q net profit shrinks 94.36%
KUALA LUMPUR (June 22): A loss in “other operating income” has dragged Glomac Bhd’s fourth-quarter net profit down 94.
Retro flavours
Refresh your kitchen with pops of colour, by courtesy of these retro yet thoroughly au courant accessories to add zip, punch and panache – regardless of whether any cooking actually gets done or not.
UIC takeover positive for UOL, say analysts
SINGAPORE (June 21): UOL Group, UIC Group and Haw Par Corp this morning called for trading halts.
Hatten Land is banking on Melaka’s transformation
SINGAPORE (June 21): CIMB is starting Hatten Land with an “add” rating and a target price of 38 Singapore cents, given its 45% discount to RNAV.
Country Heights outlines recovery plan, to focus on property development, investment
PETALING JAYA (June 21): Country Heights Holdings Bhd (Country Heights) has a strategic business plan to accelerate its corporate recovery.
Bandar Malaysia's RFP to be issued this week, says Irwan Serigar
SUBANG (June 21): Bandar Malaysia Sdn Bhd chairman Tan Sri Dr Mohd Irwan Serigar Abdullah said the request for proposal (RFP) for the RM12.
Bina Puri's listing of Indonesia unit to improve bottom-line contributions
KUALA LUMPUR (June 21): Construction and property firm Bina Puri Holdings Bhd, which will see its Indonesian subsidiary PT Megapower Makmur Tbk listed on the Indonesian stock exchange on July 5, hopes to increase the bottom line contribution of its power business by 20% per annum.
PR1MA to raise RM5 bil to sustain 89 housing projects
PUTRAJAYA (June 21): Perbadanan PR1MA Malaysia (PR1MA), the single largest affordable housing developer in Malaysia, is planning to raise RM5 billion to support 89 of its executed projects nationwide, comprising 89,449 units of homes.
Ekovest gets govt approval for Kuala Lumpur River City
KUALA LUMPUR (June 21): Ekovest Bhd had today received the approval-in-principle for the planned "Kuala Lumpur River City" development from the Malaysian Government.
