News by M

GLP has signed a 83,000 sq m build-to-suit agreement with Adidas to develop its largest distribution centre in Asia.

At 10.28am, Econpile rose 6 sen to RM2.68 with 165,000 shares traded.

Yong Tai said The Dawn @ Impression City will be built on a five-acre site comprising one 28-storey block and one 29-storey block.

At 9.15am, I-Bhd was up 1.5 sen to 61.5 sen with 564,100 shares traded.

At 9.12am, Ikhmas Jaya fell 2 sen to 67 sen with 91,000 shares traded.

Ayala Land, which bought into the company in April 2015, was said to have been interested in a direct investment in Malaysia.

Property developer Eco World Development Group Bhd (EcoWorld) has launched its Johor chapter of the EcoWorld Toastmasters Club.

The construction firm said the private placement will involve the issuance of up to 52 million new shares — equivalent to 10% of its share capital — to identified investors at an issue price to be fixed later.

The sukuk was issued by Sunway Treasury Sukuk Sdn Bhd, a unit of its wholly-owned subsidiary Sunway Treasury Sdn Bhd...

The partnership comes ahead of the Construction Industry Development Board's aim to enforce 50% industrial building system usage in the private sector and 70% for the public sector by 2018, as outlined in the Construction Industry Transformation Programme.