UEM Sunrise to dispose of stake in South African firm for RM38 mil
UEM Sunrise Bhd is to dispose of its 80.4% stake in South Africa-based Roc Union-Proprietary Ltd for 142.6 million rand (RM38 million).
Sentral REIT posts lower 2Q net property income at RM28m, declares 3.4 sen DPU
Sentral Real Estate Investment Trust's (REIT) net property income for the second quarter ended June 30, 2022 (2QFY22) slipped 3.8% to RM27.94 million, from RM29.04 million a year earlier, on lower revenue.
Batu Kawan's 3Q profit drops 21% y-o-y on absence of non-operational gains
Batu Kawan Bhd's net profit declined 21.26% year-on-year (y-o-y) to RM304.3 million for the third quarter ended June 30, 2022 (3QFY22) from RM386.465 million in the previous corresponding quarter of 3QFY21, despite higher revenue, because the previous year had accounted for non-operational gains.
After Ranhill and KPower, now MK Land gets four-year PPA extension for solar project
The Energy Commission (EC) has granted MK Land Holdings Bhd a four-year extension to its power purchase agreement (PPA) for its 10.95 MW Large Scale Solar Photovoltaic Plant (LSSPV) in Kerian, Perak.
MGB bags another housing contract from LBS unit worth RM172 mil
MGB Bhd has bagged another housing contract in Dengkil, Selangor from a unit of its major shareholder LBS Bina Group Bhd.
KPower unit gets green light from Terengganu state govt for mixed housing project
In a Bursa Malaysia filing on Wednesday, KPower said 4.85% of the gross development value will be attributable to the state's affordable housing fund, which is under the purview of the housing department of Terengganu's state secretary
Koe Peng Kang to step down as S P Setia’s deputy president
Datuk Seri Koe Peng Kang (pictured) will be stepping down from his post as S P Setia Bhd’s deputy president and chief operating officer (COO) to “pursue interests outside the organisation”.
IJM to form JV company with CHEC for mixed development and logistics hub in Kuantan
IJM Corp Bhd marks its first foray into the industrial and logistics market by partnering with China Harbour Engineering Company Ltd (CHEC) to develop a mixed development and logistics hub in Kuantan.
UMA reply: Chin Hin unaware of any corporate development, except for Solarvest stake sale, one-for-one bonus issue
Chin Hin Group Bhd, which was slapped with an unusual market activity (UMA) query on Tuesday (Aug 2), responded to Bursa Securities' query that it is unaware of any corporate development relating to the group's business and affairs apart from the proposed sale of a 19.34% stake in Solarvest Holdings Bhd, as well as the one-for-one bonus issue of Chin Hin shares.
