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Some 150.

“This proposed acquisition brings excitement to the group as it enables us to tap into ETA World’s expertise in the construction and property development of industrial properties, enabling the enlarged group to take advantage and ride on the favourable prospects of the industrial property market.

It is a continuous journey to encourage the entrepreneurial spirit of Malaysians and spur wealth creation, especially in current times, to develop a community that is more resilient against economic shocks.

The construction and property company said Lim holds a 58.

“If the response is positive, we will move on to the second phase with the Request for Proposal (RFP) stage to obtain detailed proposals from the selected consortia.

Furthermore, Maybank IB expects the 10-year Malaysian government securities (MGS) yield to lower to 3.

Magna Prima saw its share price jump to a three-year high of 76 sen last Thursday before declining on Friday.

The guidelines function as a strategic tool, inviting developers and relevant parties to revitalise areas with untapped potential through a set of attractive incentives.

Kenanga said IJM’s acquisition of the Shredded Wheat factory site aligns with its UK expansion strategy, building on the success of the Royal Mint Garden project where it first partnered Network Rail, which is the owner of most highway rails in the country.

Maybank Investment Bank (Maybank IB) head of equity research Wong Chew Hann: In the private sector, you go into business because you want to make money.