Tropicana Corp Bhd (Tropicana) has fully redeemed its RM89.43 million Tranche 1 Perpetual Sukuk Musharakah, as part of ongoing efforts to reduce borrowings and strengthen its balance sheet.
OCR Group Bhd (KL:OCR) is planning to acquire a 49% stake in Chester Properties Sdn Bhd, a property and investment consultancy firm, through the issuance of new shares.
Construction company Kumpulan Kitacon Bhd (KL:KITACON) has secured a RM99.28 million construction project in Cyberjaya, Selangor, from ParkCity Botanika Sdn Bhd.
Eversendai Corporation Bhd (KL:SENDAI) said it has received a termination notice from NEOM Company for its Trojena Ski Village structural steel contract in Saudi Arabia, effective March 26, citing geopolitical developments in the Middle East.
OCR Group Bhd (KL:OCR) entered into a deal on Tuesday with Magna Prima Bhd (KL:MAGNA) to sell 4.58 acres of their 20-acre development property in Section 15, Shah Alam, for RM45 million.
IJM said it had received a letter from the MACC clarifying that "the investigation is confined to several individuals associated with IJM, and not the company itself”.
The group intends to develop a residential project for sale, with further details yet to be disclosed.
The civil suit concerns Phun Mun Lap, who was struck by a falling tree on the road divider near the DBKL gateway near the Selayang market in March 2023.
Resident individuals will now be taxed based on progressive income tax rates of between 0% and 30%, while non-residents face a higher flat rate of 30%.
Setia Foundation, the charity arm of S P Setia Bhd, successfully held its Sincerely, Setia Ramadan Mubarak programme for the Asnaf community through events in three of the group’s townships recently.
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