Malayan United Industries Bhd (MUI) (KL:MUIIND) has secured a term loan facility of up to £152.5 million (RM912.16 million) from CF Hyde Park LP to refinance its existing term loan facility of its Corus Hyde Park Hotel in London, UK.
Noteworthy:
When: March 2024
Malaysia has emerged as the top three country in Asia for outbound cross-border property investment after Mainland China and Hong Kong, according to Juwai IQI Holdings’ Asia-Pacific Cross-Border Residential Property Buying Trends Report 1Q2024 that was issued on Tuesday.
UEM Sunrise Bhd (KL:UEMS) has disposed of its remaining 40% stake in a joint venture, Aura Muhibah Sdn Bhd (AMSB), to Kuala Lumpur Kepong Bhd (KL:KLK) as the latter exercised its call option.
Matrix Concepts Holdings Bhd (KL:MATRIX) announced that Datuk Hon Choon Kim has resigned as its independent and non-executive director, effective immediately.
Bursa Malaysia Bhd (KL:BURSA) said it is in final negotiations with the developer of The Exchange 106 at Tun Razak Exchange (TRX) to move its headquarters to TRX.
Construction engineering company Nestcon Bhd (KL:NESTCON) has bagged two high-rise building projects in the Klang Valley worth a total of RM165.56 million.
Telekom Malaysia Bhd (KL:TM) announced on Tuesday that it is partnering Singapore Telecommunications Ltd (Singtel) to establish greenfield data centre facilities in Iskandar Puteri, Johor.
Shares of KTI Landmark Bhd (KL:KTI) opened flat in its trading debut on Wednesday after the Sabah-based integrated property developer's initial public offering (IPO) on the ACE Market raised RM48 million.
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