Tropicana divests 55% stake in Tropicana Ivory for RM70.7m
“The proposed disposal will enable Tropicana to realize the gains from its investment in TISB, and to conserve cashflow requirement of TISB in order to focus on other project developments.”
IGB REIT net property income inches up 2.4% in 3Q on higher rental income
In a bourse filing yesterday, it announced an income distribution of 95% of its distributable income for 3QFY18 amounting to RM81 milllion or 2.29 sen per unit, to be paid on Nov 29.
Melati Ehsan secures turnkey contract from controlling shareholder
In a filing with Bursa Malaysia, the company said its unit — BMSB has received a letter of award from Melati Ehsan (M) Sdn Bhd (MEMSB) on the appointment of it to be the main contractor for project.
M'sia to introduce a new measurement for crime index to promote safer living environment
According to the report, the new measurement for crime index is based on the number of reported index crime cases and should not exceed the threshold of 342 cases per 100,000 population by 2020. The new target, which sets the baseline at 352 cases per 100,000 population in 2016, will take into account population increase, in line with international practice.
Govt to cut development expenditure by 15% to RM220b under 11MP
The review said the focus will be given priority to the people-centric projects. With that, over 4,000 ongoing projects will still be continued across the nation including the building of affordable houses, schools, hospitals and roads.
Government to build 200,000 affordable houses
The National Affordable Housing Council will be established to oversee the implementation of affordable houses nationwide.
Serba Dinamik plans to buy 49% stake in firm involved in Laos hydropower project
In a filing to Bursa Malaysia yesterday, Serba Dinamik said, OHP Ventures has a joint development agreement with Thavone Athsamouth, to develop, finance, construct, commission and operate and maintain two mini hydro installations with an aggregate capacity of 30 megawatts in Houaphan, Laos.
KLIA Ekspres tickets now available on Traveloka app too
ERL chief executive officer Noormah Mohd Noor said the partnership enhances ERL's efforts at widening its distribution channel.
Mah Sing to launch first project at RM520m GDV M Aruna township in Rawang
M Aruna is the first pilot project by Mah Sing that adopts the industrialised building system (IBS) precast technology.
United Plantations buys agricultural land in Perak for RM414m
The proposed acquisition is consistent with its growth plan to continue expanding its landbank, when good business opportunities arise, the group said.
