Magna Prima sees new substantial shareholders
Following the acquisition, Edxus Solutions now holds 26.
Following the acquisition, Edxus Solutions now holds 26.
RAM Rating Services Bhd has assigned a rating of “AA3” to the IMTN programme, and “P1” to the ICP programme, both with a stable outlook.
Lee, who has extensive experience in property development and project management, was appointed as Plenitude CEO in February 2023.
Putra Idaman was officially launched by Selangor Menteri Besar, Datuk Amirudin Shari, in concurrence with a groundbreaking ceremony for Saujana Idaman.
Crescendo declared an interim dividend of one sen per share, along with a special dividend of five sen per share, totalling six sen per share, to be paid on Nov 13.
"The increased focus on the construction business would diversify the group’s income stream and reduce its reliance on its existing core business in the M&E engineering services segment,” Bintai Kinden said in a statement on Friday.
The project, which aimed to facilitate bilateral trade between Malaysia and China through Fuzhou, China, was estimated to be worth about RM1 billion.
The proposals, subject to approval from Bursa Securities and Talam's shareholders, are expected to be completed by the second quarter of 2025.
Valdor II, which will have a gross floor area of 620,000 sq ft, is expected to be completed in 2025.
In the property sector, Gamuda achieved its RM5 billion sales target for FY2024, and is setting its sights on RM6 billion in FY2025.