Noteworthy:
When: April 2024
Avillion Bhd’s (KL:AVI) external auditor has flagged material uncertainty that would affect the hotel-and-travel company’s ability to continue as a going concern.
Datuk Amran Hafiz Affifudin, executive director and head of Malaysian investments at sovereign wealth fund Khazanah Nasional Bhd, has been tipped to take over the reins of UEM Group Bhd from managing director Datuk Mohd Izani Ghani, according to sources.
A higher concentration of urban population not only generates more interactions, exchanges and business opportunities, but also promotes creative thinking, knowledge spillovers, new ideas and technology developments, leading to a higher economy of scale and wealth agglomeration.
Bursa Malaysia Bhd (KL:BURSA) will only move its “front office” to the Tun Razak Exchange (TRX), not its entire operation, according to its chairman Tan Sri Abdul Wahid Omar.
American tyre company Goodyear has put its factory in Shah Alam’s Section 15 up for sale, following its March decision to shut down its manufacturing facility in Malaysia as part of its cost restructuring efforts.
A notable demonstration of judicial prudence and commercial acumen, the Federal Court’s recent decision in Obata-Ambak Holdings Sdn Bhd v Prema Bonanza Sdn Bhd and two other appeals (Obata) marks a significant milestone in the realm of legal adjudication.
Building and infrastructure construction company TCS Group Holdings Bhd (KL:TCS) has secured a RM130.15 million contract to undertake the construction of serviced apartments in Selangor, in a related party transaction.
MUI Properties Bhd (KL:MUIPROP) said it is not aware of any corporate development that caused the unusual market activity (UMA) in its shares, which climbed to a near four-year high on Monday.
Noteworthy:
When: May 2024
The only property app you need. More than 200,000
sale/rent listings and daily property news.
