Eastern & Oriental Bhd (E&O) has proposed to pay RM46.95 million to purchase the remaining 40% equity interest in E&O-PDC Holdings Sdn Bhd from Penang Development Corporation (PDC), to enable E&O to wholly own the Seri Tanjung Pinang reclamation and development concession.
Gamuda's wholly owned Gamuda Land (Labuan) Ltd holds a 75% stake in VB II, while Castleforge’s wholly-owned partnership entity Athelstan Ltd owns the remaining 25%.
Shareholders of Menang Corp (M) Bhd connected to Titian Hartanah (M) Sdn Bhd have ceased to be substantial shareholding of the property developer.
Unitholders of Pavilion Real Estate Investment Trust (Pavilion REIT) have greenlighted the proposal to acquire Pavilion Bukit Jalil Mall (PBJ Mall) from Malton Bhd for RM2.2 billion.
“I am not happy with KLIA’s ranking by Skytrax. Let’s put it back to the top 10 again. That is my and your (MAHB's) KPI.”
It failed to pay the outstanding balance of RM39.69 million.
The suit is filed by Mohamed Shafeii Abdul Gaffoor, a scheme creditor representing less than 0.02% of the total sum owing under the SOA.
Landmarks Bhd, a 21.7% associate of Genting Bhd, said its wholly owned subsidiary has defaulted in its repayment on financing facilities totalling RM133.37 million.
Earnings per share climbed to 1.38 sen from 1.25 sen previously.
Top Builders Capital Bhd said it is unable submit its unaudited financial report for the first quarter ended Dec 31, 2022 (1QFY2023) by Feb 28, as required under the Main Market Listing Requirements.
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