News about hextar

With the sale, Hextar Global said the group plans to focus on operating durian collection centres instead, where various sellers can supply the fruit to the group.

According to the group, the termination was prompted by recent economic conditions, which led both companies to re-evaluate the proposed transaction and re-examine the parcels of land identified for disposal.

The new anchor tenants are Village Grocer, Miami Beach, Jungle Gym, Ballet Theatre Malaysia, Sport Planet, Playa Racquet Club, La Boca and 91 Sports Arena.

Under an agreeement signed on Thursday, Widad will acquire the 10.

The sale of the property to an investment firm, Airique Property Sdn Bhd, is expected to be completed by the third quarter of 2025, with an estimated net pro forma gain of RM4.

The new digital platform will focus on B2B services, while the original MoneyX platform and app will be geared towards B2C services.

Food and beverage offerings will include Luckin Coffee, China’s fastest-growing coffee chain, NomNom Food Hall, a digitally integrated dining hub, and Senkyaku Banrai, a Japanese-themed food street.

The freehold plots, measuring 56,231 sq m, are free from encumbrances and only meant for industrial purposes (warehouse).

The proposed diversification is expected to boost the group’s net profit by about 25%, aligning with its long-term strategy to pursue more engineering, procurement, construction and commissioning (EPCC) projects beyond telecommunications network projects, the group said in an exchange filing.

HexTech group chief executive officer/executive director Datuk Eddie Ong Choo Meng: What makes us special is that we don't offer our own products or services; instead, we collaborate with partners to mutually grow their businesses.