Quality Concrete bags RM75 mil construction contract in Sarawak
Quality Concrete Holdings Bhd (KL:QUALITY) has secured a RM75 million construction contract in Kuching, Sarawak.
Kerjaya Prospek to pay Tee Eng Seng’s family vehicle RM292m in preference share redemption
Kerjaya Prospek Property Bhd (KL:KPPROP) said it will redeem the outstanding 1.72 billion redeemable convertible preference shares (RCPS) issued in 2019 by the investment vehicle of its controlling shareholder Datuk Tee Eng Seng for RM292.07 million on Jan 9.
Eco World Development deputy chairman Leong Kok Wah redesignated as non-executive director
Eco World Development Group Bhd’s (KL:ECOWLD) largest shareholder and deputy chairman Datuk Leong Kok Wah has been redesignated as a non-independent non-executive director, effective immediately.
Gamuda pays five sen dividend as 1Q profit climbs 5%; order book hits record RM30b
Gamuda Bhd (KL:GAMUDA) reported that its net profit climbed 5.31% in the August-October quarter as revenue jumped on improved contributions from all segments. It also achieved a record high order book of RM30 billion.
Mara teams up with Privasia to develop data centre in Bagan Datuk, Perak
Mara Inc and ACE Market-listed Privasia Technology Bhd (KL:PRIVA), a business process outsourcing company, are teaming up to develop and operate a data centre in Bagan Datuk, Perak.
Pavilion REIT proposes to buy chairman’s KL hotels for RM480m
Pavilion Real Estate Investment Trust (KL:PAVREIT) has proposed to buy two hotels in Kuala Lumpur for an aggregate RM480 million, and undertake a private placement to raise up to RM552 million to fund the acquisitions.
LBS Bina unlikely to hit RM1.8 bil full year sales target, declares 2.6 sen special dividend
LBS Bina Group Bhd (KL:LBS) said that it is unlikely for the group to meet its internal sales target of RM1.8 billion this year, due to deferred launches caused by a lengthy approval process.
KSL's 3Q net profit up 19.6% on higher sales
Property developer KSL Holdings Bhd (KL:KSL) posted a 19.63% rise in net profit for the third quarter, due to higher sales of properties in its flagship developments in Johor Bahru, Kluang and Klang.
Citaglobal firms up collaboration to develop eco-friendly industrial park, proposes one-for-five bonus warrants
Citaglobal Bhd (KL:CITAGLB) has firmed up its collaboration with electric vehicle maker Tree Technologies Sdn Bhd to develop an industrial park with green elements in Pahang. It also proposed a bonus issue of up to 88.07 million free warrants.
Batu Kawan falls into the red as KLK reports record low profit on one-off losses, impairments
Kuala Lumpur Kepong Bhd (KL:KLK) reported a record low net profit for its fourth quarter, dragged by non-cash losses and an inventory write-down related to its investment in UK-listed speciality chemicals company, Synthomer Plc.
