TAFI Industries sells factory in Johor for RM9m
“TAFI Group had decided to dispose of the said factory as it will be more economical and cost-efficient to purchase the finished laminated boards or to sub-contract out the lamination process."
MRT Corp confirms Azhar has resigned as chairman after serving less than 10 months
The resignation is with effect from Monday (March 7), MRT Corp said in a statement on Thursday. “MRT Corp takes this opportunity to express our gratitude for the commitment and invaluable contribution made by Datuk Wira Azhar during his tenure and wishes him the very best in his future endeavours,” the company added.
Solarvest bags RM154m worth of contracts under LSS4
In a bourse filing on Thursday (March 10), Solarvest said one of the projects was awarded by Teja 1 Sdn Bhd, with a capacity of 15MW and valued at RM54.4 million. It will be developed in Kampar and is expected to be commercially operational by Dec 14, 2022.
Resorts World Genting to ramp up operational capacity while optimising costs
“Progressive roll-out of the remaining attractions at Genting SkyWorlds is a focus,” the casino and hotel operator said, noting the reopening of Malaysia's borders will further support the group's recovery as improved Covid-19 vaccination rates drive optimism of domestic economic growth.
HSBC invests RM1b to open new head office in TRX
HSBC Bank Malaysia chief executive officer (CEO) Stuart Milne said about 5,000 employees will be based in the new head office in the TRX.
Freesia and Gemala in Tropicana Aman fully taken up
Freesia Residences features 198 double-storey bungalows and semi-detached units with a choice of Side2Side and Back2Back layouts, suitable for multi-generational families and upgraders with built-ups from 3,769 sq ft and land sizes from 38ft by 90ft.
Top Glove's Lim Wee Chai ceases to be substantial shareholder of LBS Bina
The direct business transaction took place on March 4, LBS Bina said in a Bursa Malaysia filing.
Over 50% of Malaysians prefer short-term rental accommodation when on travel
In a poll released Monday (March 7), online marketplace for lodging, primarily homestays for vacation rentals, Airbnb said 44% of respondents are also likely to host on Airbnb in the next 12 months.
Al-Salam REIT and Al-A’qar Healthcare REIT appoint Salehuddin Hassan as their director
Salehuddin, 58, is also the treasurer of Johor Heritage Foundation.
YNH issues RM323m worth of Islamic bonds, under RM700m IMTN programme
In a bourse filing on Friday (March 4), YNH said it successfully issued the RM323 million sukuk wakalah on Monday (Feb 28) under its Islamic Medium-Term Notes (IMTN) programme (sukuk wakalah programme) of up to RM700 million in nominal value.
