Kerjaya Prospek secures RM265m building work contract in Penang
The contract was awarded by Eastern & Oriental Bhd's indirect subsidiary Persada Mentari Sdn Bhd to Kerjaya Prospek's wholly-owned unit Kerjaya Prospek (M) Sdn Bhd.
Analysts: Gamuda to benefit from ALR’s takeover bid for Klang Valley highway toll concessionaires
Investment analysts covering the stock believe that Gamuda can unlock the value of its highway concessions through the deal and that this will strengthen the group’s balance sheet, lower leverage, reward shareholders with special dividends and reduce borrowings.
Heah Kok Boon resigns as EcoWorld’s executive director; appointed as alternate director
Heah, who directly holds 1.61 million shares in EcoWorld, has more than 30 years of experience in audit, corporate finance and corporate investment.
AME Elite gets green light from SC for industrial REIT listing
AME REIT, an Islamic REIT on the Main Market, will have an initial fund size of 520 million, according to the integrated industrial space solutions provider in a bourse filing.
Gabungan AQRS bags RM32m sewer pipe relining works in Kuala Langat, Klang
The project from Syarikat Muhibbah Perniagaan Dan Pembinaan Sdn Bhd was awarded to Gabungan AQRS' wholly-owned Gabungan Strategik Sdn Bhd on Monday (March 21), according Gabungan AQRS' bourse filing.
EcoWorld International’s 1Q net loss narrows to RM14.66m, records 68% higher sales
The group also attributed the lower net loss to higher contributions from West Village and Yarra One, which were partially offset by lower realised and unrealised gain on foreign exchange and other income.
Elsoft to sell property in Penang for RM38m
The group, via wholly-owned unit Siangtronics Technology Sdn Bhd, entered into an agreement with manufacturer of industrial equipment SRM Integration (Malaysia) Sdn Bhd for the sale of the two-storey factory-cum-office building.
Advancecon secures RM42.54m construction project in Klang
The group, via its wholly-owned unit Advancecon Infra Sdn Bhd (AISB), has accepted the Letter of Acceptance from Sime Darby Property (Bukit Raja) Sdn Bhd for the appointment of AISB as the contractor for the proposed construction and completion of earthworks and other related works for the development of Phase 2 (R6, R8, R9, and C5) at Bandar Bukit Raja 2, Kapar district.
Al-Salam REIT and Al-A’qar Healthcare REIT appoint Salehuddin Hassan as their director
Salehuddin, 58, is also the treasurer of Johor Heritage Foundation.
BLand withdraws from RM3.05b mixed-development project in Myanmar
In a bourse filing, BLand said its 80%-owned subsidiary, BDS Smart City Co Ltd, has served a written notice on the Yangon Region Government (YRG) to terminate the concession agreement due to non-fulfilment of conditions. The agreement was signed on Feb 7, 2020.
