Yong Tai to settle RM46 million debts by issuing new shares
KUALA LUMPUR (May 18): Yong Tai Bhd has entered into debt settlement agreements with 19 creditors to pay off RM46 million owed by issuing 92 million new shares at 50 sen per share.
MRCB to see stronger earnings through LRT 3 consolidation, says HLIB
KUALA LUMPUR (May 17): Malaysian Resources Corporation Bhd (MRCB) could see a stronger earnings performance moving forward supported by the consolidation of the Light Rail Transit 3 (LRT 3) project, according to Hong Leong Investment Bank (HLIB) Research.
Knusford to buy Johor land from IWCity tapping the potential of RTS project
KUALA LUMPUR (May 17): Diversified property developer and construction group Iskandar Waterfront City Bhd (IWCity) on Friday announced it is disposing of two parcels of vacant unconverted developed land in Tanjung Danga, Johor to construction and property developer Knusford Bhd.
UOA Group launches Komune Living & Wellness
KUALA LUMPUR (May 13): UOA Group has officially launched Komune Living & Wellness, an integrated co-living and wellness facility located in Bandar Tun Razak, Cheras.
Kidzania KL owner to construct and operate new ESCAPE theme park in Perak
KUALA LUMPUR (May 13): Developer and operator of theme parks based in Malaysia, Sim Leisure Group Ltd, which is also the licensee operator of Kidzania KL, is set to construct and operate a new ESCAPE theme park located in Perak.
Tropicana Corp delivers vacant possession for Triana shopoffices in Tropicana Aman
PETALING JAYA (May 13): Tropicana Corp Bhd has delivered vacant possession (VP) for owners at Triana shopoffices on May 12.
Mah Sing’s M Senyum Phase 1 in Sepang fully taken up
PETALING JAYA (May 12): Mah Sing Group Bhd’s M Senyum Phase 1 (Camellia), comprising 262 units of two-storey terrace houses with a gross development value of approximately RM144.
S P Setia announces the winners for the Setia KARYA Hotel Art Campaign
PETALING JAYA (May 11): S P Setia announced the top six winning artists for its Setia KARYA hotel art campaign contest on Tuesday (May 10) during the judging walkthrough and winners’ announcement at Setia SPICE Convention Centre in Penang.
Nestcon secures letter of award for job worth RM85m in Terengganu
KUALA LUMPUR (May 11): Construction outfit Nestcon Bhd has received a letter of award (LoA) for a job worth RM85 million to design and build an integrated offsite scheduled wastes recovery facility in Kerteh, Terengganu.
Sunsuria partners Affin Bank to offer Home Step Fast/-i campaign
PETALING JAYA (May 11): Sunsuria Bhd has announced its collaboration with Affin Bank’s Home Step Fast/-i campaign to offer homebuyers a lifestyle ownership programme with a financing solution that allows them to pay a lower instalment for the first five years.
