BNM makes surprise 25bps hike in OPR to 3%
The rate hike, after two consecutive pauses in early 2023 at 2.
Govt aims to reopen closed roads in Klang Valley soon to ease traffic congestion, says Zahid
After chairing a Cabinet Committee meeting to address traffic jams on Tuesday (May 2), Deputy Prime Minister Datuk Seri Ahmad Zahid Hamidi told the press that local authorities in the Klang Valley have been instructed to identify all road closures due to roadworks and construction, and the information will be discussed in a technical committee meeting to be held in two weeks' time.
Five years on, Brem Holdings ceases to be substantial shareholder in Titijaya
The disposal was done via a direct business transaction at an undisclosed price, following which Titi Kaya's stake in Brem has come down to 4.
Mulpha International’s Australian unit secures A$160m green syndicated construction facility
The purpose of the facility is to finance the construction of Stage 1 of Norwest Quarter, a mixed use residential apartment development in Norwest, Australia, said the group in a bourse filing on Tuesday (May 2).
DONE DEAL: Bungalow, Ampang, Selangor
DONE DEAL: Townhouse, Saujana Melawati, Kuala Lumpur DONE DEAL: Semidee house, Taman Yarl, Kuala Lumpur Tijani Ukay is a posh neighbourhood surrounded by lush greenery with a large tranquil pond, boasting bungalows with a perfect balance of contemporary and serenity.
Landmarks' auditor flags group's ability to operate as going concern
The auditor, KPMG PLT, noted that financial statements indicated that the group incurred net losses of RM43.
Tropicana to issue new shares to founder-cum-vice-chairman to settle RM180m debt
In a Bursa Malaysia filing on Friday (April 28), the property developer said it had entered into a settlement and subscription agreement with Tan Sri Tan Chee Sing through his wholly-owned T Shares 1 Sdn Bhd (TSSB), to settle the amount owed.
EcoWorld International’s proposed capital reduction of RM1.5 bil to facilitate distributions to shareholders
Datuk Teow Leong Seng, president & CEO: “The proposed capital reduction is a concrete first step towards the realisation of EcoWorld International’s commitment to meet our targeted distribution of RM900 million to our shareholders as earlier announced.
Setia EcoHill 2 unveils first phase of commercial development in Setia Commerce Square
Nadi comprises three phases of shopoffices and is estimated to have a gross development value of RM500 million, occupying 34 acres out of the 1,010-acre Setia EcoHill 2 which is planned for completion by 2026.
PRG’s deal with HK-listed Furniweb set to improve financial liquidity, performance
The exercise involving disposal and diversification plans is also part of its corporate strategy to increase its stake in Furniweb, according to a statement on Friday (April 28).
