News by Chester Tay

Undeterred, the tycoon has put forward a bid to Ekovest shareholders to take IWCity private.

Proposed IWH-IWCity merger may include Ekovest’s land and property-related assets.

T7 Global said the MoU will be valid for 12 months and extendable for a further period as mutually agreed upon by all parties.

BLand said the transacted price was based on 7-Eleven’s closing market price last Thursday.

Thanks to rental proceeds from newly acquired Scomi Facility @ Rawang and Kerry Warehouse.

SPAD is still evaluating the proposal as part of the HSR.

Najib said Malaysian government-owned MyHSR Corp Sdn Bhd had started the land acquisition process for the project.

The buyer of the property — used for the purpose of operating a shopping centre with car parks and a department store-cum-supermarket — is Foremost Wealth Management Sdn Bhd.

Vivocom Intl Holdings Bhd has confirmed it has temporarily halted works on the Gateway Klang project to facilitate on-going discussion between the project owner and China's state-owned China Railway Construction Corp (CRCC).

Vivocom Intl Holdings Bhd's share price loses ground further this morning, down by 11.5% shortly after the opening bell following the news the company's RM474 million construction contract for a development in Klang has hit a snag.