Kuchai Development to inject RM275 mil of assets into Sg Bagan for shares, to distribute Sg Bagan shares to shareholders for second time
The deal will see Kuchai holding 29.
Bintai Kinden seals deal for MBSB to drop legal suit over default
The conditional relief indulgence (CRI) agreement involves a six-month relief period for Optimal Property Management Sdn Bhd (OPM), a 100% subsidiary of Bintai Kinden, with monthly loan repayment of RM500,000.
Govt reviewing surcharge, subscription period for Green Electricity Tariff
The premium, currently charged at 21.
Zahid’s son-in-law Saiful Nizam ceases to be Jiankun’s substantial shareholder
Saiful Nizam, the son-in-law of Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi, was first appointed to the board of Jiankun as an independent non-executive director in April 2021.
IJM Corp-led consortium to complete KLIA aerotrain replacement project, sources say
Besides IJM, the other two consortium members are said to be Pestech International Bhd and French rolling stock maker Alstom, both of which are the original contractors.
LSH Capital minority shareholders waive exit offer entitlement as firm seeks transfer to ACE Market
The company said it is seeking Bursa's approval for relief from having to offer the shareholders a reasonable cash alternative to the exit offer.
Crescendo Corp's 3Q net profit climbs to RM18m on higher property revenue
On a quarterly basis, the group’s net profit came in higher from RM4.
Free legal fees – fact or myth?
Is it a freebie in the truest sense of the word? Are buyers really enjoying a waiver of such legal fees? To woo purchasers in a competitive property market, developers often offers various freebies, including air-conditioners, kitchen cabinets, automatic gates, club memberships and legal fees.
2023 property news recap
Throughout 2023, EdgeProp has delivered numerous industry stories to ensure you stay well-versed and empowered in navigating the property landscape.
Ekovest partners China's CICO to explore infrastructure projects in Malaysia
Ekovest said the two groups will participate in infrastructure concession assets, large-scale infrastructure projects, food security and trading initiatives, retailing ventures and transit-oriented development (TOD) projects.
