S P Setia inks RM1.07b syndicated financing facilities agreement for Setia Federal Hill
PETALING JAYA (Dec 9): S P Setia Bhd, through its associate company, Setia Federal Hill Sdn Bhd, has just inked a RM1.
RM36.06b contracts from mega projects earmarked for bumi firms
KUALA LUMPUR (Dec 9): A total of RM36.
Sime Darby seeks buyer for Melaka hotel
SIME Darby Bhd is making a second attempt in six years at disposing of its hospitality asset Hotel Equatorial Melaka for an estimated RM180 million, which would also involve assuming the hotel’s debt.
Komuter service to be rerouted during 6-month trial
KUALA LUMPUR (Dec 8): The Komuter train service will be rerouted from Dec 15 under a six-month trial period in preparation for an infrastructure upgrade and track rehabilitation work.
Impact on Sime minimal even if hotel deal materialises
Maintain neutral with an unchanged target price of RM8.
1MDB will consider late bid by Desmond Lim
1 Malaysia Development Bhd (1MDB) is understood to be considering a late bid by businessman Tan Sri Desmond Lim, partnering a Qatari state-owned firm, even though it was made after the tender closed.
Kulim acquires land from Johor Corp for RM17.93m
KUALA LUMPUR (Dec 7): Kulim (Malaysia) Bhd (Kulim) proposed to acquire a 14 acres of Johor industrial land from Johor Corp Bhd (JCorp) for a total consideration of RM17.
Much of Penang TMP riding on results of due process, says Gamuda chief
KUALA LUMPUR (Dec 7): The successful implementation of the RM27 billion Penang Transport Master Plan will be pretty much dependent on the outcome of the due process exercise on the plan, says Gamuda Bhd group managing director Datuk Lin Yun Ling (pictured).
1MDB close to finalising sale of Bandar Malaysia, says report
KUALA LUMPUR (Dec 7): Debt laden 1Malaysia Development Bhd (1MDB) may soon be closing its final deal on the 60% stake of Bandar Malaysia’s project to remove its debt burden, according to a news report.
