Genting Malaysia invests another US$100m in Empire Resorts
Genting Malaysia’s total investment in Empire Resorts includes an indirect ownership of 49% common stock, 100% of Series G and Series L preferred stocks.
AME REIT to acquire industrial properties in Iskandar Malaysia for RM69m
The acquisitions, the Islamic REIT's first after its listing in September, would boost its total asset value by 12.8% to RM644.1 million.
Jiankun climbs to one-year high as Zahid's son-in-law redesignated group president
Saiful Nizam's redesignation comes just a little over two months after he was made the company's executive deputy chairman.
Cagamas concludes issuance of over RM1b bonds and sukuk, on track for RM20b issuance in 2022
Proceeds from the issuance will be used to fund the purchase of housing loans and house financing from the domestic financial system.
Mestron bags RM10m contract from Singapore steel pole maker
The purchase order of S$3.2 million is equivalent to about 22% of the group's revenue for the FY2021 and raises Mestron's total order book size to RM63 million.
Rafizi: Budget 2023 to be tabled earliest in January
“The Government will table the emoluments budget in the next sitting, and then the full Budget will be tabled maybe in a matter of one to two months after that.”
FoundPac to make RM25.5m land purchase to boost production capacity
It envisages no major capital expenditure required to enhance the building to cater for its production requirement.
Impiana Hotels’ unit escapes winding up petition over unpaid sum relating to resort redevelopment
Impiana Hotels Bhd has announced that the winding up petition served by Axventure Sdn Bhd over an unpaid sum amounting to RM2.26 million relating to a resort redevelopment has been amicably resolved.
UEM Sunrise to dispose of 1,776.6 acres of land in Perak to Sunsuria for RM75.52 mil
UEM Sunrise Bhd is disposing of 17 parcels of land in Perak, measuring a cumulative 1,776.6 acres to Sunsuria Bhd for RM75.52 million, as part of the group’s strategy to monetise non-strategic lands.
Ireka still formulating regularisation plan nine months after slipping into PN17
Ireka Corp Bhd said on Friday (Dec 2) that it is still working on a regularisation plan to address its financial condition after the construction company's admission into Practice Note 17 (PN17) list of Bursa Malaysia on March 1.
