SCIB enters into MOU to develop residential project in Bintulu
The group’s wholly owned subsidiary SCIB Properties Sdn Bhd inked the MOU with Kemena City Development Sdn Bhd and Smart Borneo Properties Sdn Bhd.
KPKT proposes 75% consent threshold for en-bloc sales for urban redevelopment
KPKT is also proposing a consent threshold of a simple majority, which is 51% for abandoned projects to be redeveloped.
Abang Jo’s son Abang Abdillah resigns as SCIB executive chairman; Zaini Jass named new non-executive chairman
Separately, SCIB announced a slew of changes in its boardroom, including the resignation of independent and non-executive directors Shamsul Anuar Ahamad Ibrahim and Toh Beng Suan, to be replaced by Datuk Tan Bok Koon (independent and non-executive director) and Chiew Jong Wei (executive director).
S P Setia Foundation brings Christmas joy to the elderly and children in Sabah
Setia Corporate Volunteers from Setia Aeropod, Sabah, visited Grace Old Folks Home Care Centre and Sabah Women and Children's Hospital recently.
Vizione secures RM490 mil contract to design, develop apartments in Sabah
The contract, slated to be completed within 36 months, is not expected to have any effect on the group's issued share capital and substantial shareholders’ shareholdings, said Vizione.
Five new serene sanctuaries for wellness under RM700,000
We know city connectivity is a priority and rejuvenation is a necessity.
Analysts maintain 'buy' on Gamuda, expect strong quarters ahead on high order book, unbilled sales
There are currently 20 "buy" calls and only one "sell" call on Gamuda, with a 12-month average target price (TP) of RM5.
Sarawak plans undersea power transmission to the peninsula and Singapore
Sarawak Premier Tan Sri Abang Johari Tun Openg said the state has already started discussions with Singapore and the Federal Government for the undersea transmission line but did not provide a timeline for its commencement as it is still building its renewable energy (RE) capacity.
Bursa Malaysia introduces mandatory ESG reporting platform for PLCs
The addition of sustainability disclosures on the digital platform would allow for more standardised reporting and communication of such information, which is currently found in PLCs’ sustainability reports.
After Bursa's reprimand, SCIB says group now has stronger internal controls and audit processes
SCIB acknowledged that the late submission of its Annual Report 2021 was primarily due to complexities in auditing overseas construction contracts.
