News by Syafiqah Salim

The project was previously delayed as GDB suspended work due to payment issues.

OCBC Malaysia is the sole sustainability structuring adviser for Gamuda’s maiden ESG-linked holistic financing solution totalling up to RM550 million.

The research house said three diversified contractors, namely Gamuda Bhd, IJM Corp Bhd and Malaysia Resources Corp Bhd (MRCB), are of the collective view that the MRT3 project would proceed.  

There are also new and refreshed stores at both Genting Highlands Premium Outlets (Burbery and Salvatore Ferragamo) and Johor Premium Outlets (Balenciaga, Bally, Fendi, Hooga, Karl Lagerfeld, Kenzo, Sacoor Outlet and Valentino) to welcome visitors.

The Employees Provident Fund (EPF), as the sole unitholder of Alpha Real Estate Investment Trust (Alpha REIT), has taken the decision to terminate and wind up the unlisted shariah-compliant REIT.  

Pharmaceutical and veterinary products manufacturer YSP Southeast Asia Holdings Bhd (YSPSAH) is buying a property in Bandar Baru Bangi, Selangor for RM31 million.

Eco World Development Group Bhd (EcoWorld)’s quarterly net profit was hit by impairment in the fourth quarter ended Oct 31, 2022 (4QFY2022), as it contracted to RM1.78 million compared with RM42.84 million a year ago. 

Teo, who is the son of the group’s late chairman Datuk Teo Chiang Quan, is deemed to have an interest in 178.32 million Paramount shares pursuant to a transmission of these shares on Thursday (Dec 8).

Lee disposed of 810,811 shares in the property developer via off market transactions on Tuesday (Dec 6).

This state government had in August approved the development of the project on 49.92 acres of state land.