Aspen to secure RM44m via convertible loan

KUALA LUMPUR (May 22): Aspen Group Holdings Ltd is planning to raise RM44 million via a convertible loan agreement to finance its investments in associate company Global Vision Logistics Sdn Bhd in Shah Alam, the construction of the central park located in Aspen Vision City, investment in associate company Bandar Cassia Properties (SC) Sdn Bhd, its other development projects and for working capital.

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WZ Satu slashes PR1MA construction company price tag to RM7m

KUALA LUMPUR (May 21): WZ Satu Bhd announced that the price to purchase the entire equity interest in Cekap Semenanjung Sdn Bhd, which -- via Sinergy Dayang Sdn Bhd -- has a contract to build a mixed development property project in Pahang, has been reduced to a cash sum of RM7 million, from RM30 million previously.

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Bursa suspends short selling of Cahya Mata Sarawak again

KUALA LUMPUR (May 21): Bursa Malaysia has again suspended the proprietary day trader (PDT) and intraday short selling (IDSS) activities of Cahya Mata Sarawak Bhd (CMSB) for the rest of the day, after the last done price had dropped by more than 15 sen or 15% from the reference price.

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