E&O executive chairman, executive director up stake to 50.7% via RM11.75m loan stock conversion
The Tee brothers’ investment vehicle Kerjaya Prospek Development (M) Sdn Bhd converted 50 million ICULS to shares at 23.
The Tee brothers’ investment vehicle Kerjaya Prospek Development (M) Sdn Bhd converted 50 million ICULS to shares at 23.
This is one of the four leasehold lands that Perak Corp bought in 1997 for RM41.
In December 2022, JKID received a notice of demand from Fivestar for RM12.
The property developer said the project, located on 141 acres of industrial land in Desa Cemerlang, will upon completion be expected to yield 12.
The opening of The Exchange TRX retail and TRX City Park recently sparked a frenzy nationwide and both continue to be mainstays on the digital sphere.
The National House Buyers Association (HBA) acknowledges the challenges faced by Economy Minister Rafizi Ramli in implementing the NDFB, which will entail the Government’s commitment in resolving issues to improve the business environment by addressing structural and situational challenges especially when dealing with bureaucratic red tape, inefficient regulations and undue regulatory burden faced by investors and businesses in Malaysia The Government, through the Special Task Force to Facilitate Business (Pemudah) platform, is drafting a document entitled “New Deal for Business” (NDFB) to boost business confidence, stimulate economic growth and drive national digital transformation, reported the Business Insider recently.
Immediate past MIEA president Chan Ai Cheng highlighted the significant opportunity in the market arising from KPKT’s recent proposal to reduce the 100% consent threshold requirement for en-bloc sales.
Bon Estates also entered into a joint venture agreement with Zhuojian Associates to develop a 12-acre landed freehold development in Taman Melawati.
In a bourse filing, Yong Tai said the appointment of Boo is effective immediately.