News by Choy Nyen Yiau

The agreement aims to advance solar adoption by pooling the collective expertise, resources and technology to facilitate the purchase and sale of Huawei Digital Power-Smart Photovoltaic solutions.

Iconic Worldwide Bhd has raised a total of RM95.6 million through its rights issue exercise with free warrants, which was oversubscribed.

Additionally, the group's cash reserves are low for both entities, with the group's bank overdraft exceeding its credit limit, and a significant portion of the group's inventory is encumbered by a private caveat, complicating its disposal.

The initial contract, valued at an estimated RM120 million, was awarded to SCIB Properties back in May 2021.

The letter of award was from Eco Ardence Sdn Bhd to undertake the main building works for the proposed Maya Integrated Development.

Crescendo Corp Bhd has announced the disposal of a piece of vacant freehold land measuring 1.1 million sq ft in Pulai, Johor for RM132.47 million, or RM120 per sq ft.

Construction firm Nestcon Bhd has proposed to diversify its existing business operations to include renewable energy (RE), aiming to bolster future earnings and expand the group's income stream.

"Following the full settlement of the final consideration, the proposed acquisition has been completed."

Malaysia is open to proposals to extend the East Coast Rail Line to the border and integrate it with the Thai rail network or future infrastructure, Transport Minister Anthony Loke said on Wednesday.

Following the PAC's review of Lada on Nov 30 and Dec 13 last year, the committee discovered unresolved issues regarding the lease of Hotel St Regis Langkawi, which involved Lada and the hotel's operator, INR Sdn Bhd.