News by TheEdgeMarkets.com

Earnings per share rose to 1.45 sen from 1.33 sen previously, according to the property developer’s bourse filing on Wednesday (May 18).

Under the partnership, Affin Bank will be offering up to RM300 million worth of end-financing for OSK Property's homebuyers. Existing Affin Bank customers will also enjoy a special freebie by purchasing any properties under OSK Property.

"The proposed debt settlement as well as the listing of and the quotation for the new settlement shares will be implemented after the proposed share consolidation and proposed bonus issue of warrants," said the property developer in a filing with Bursa Malaysia.

In a research note on Tuesday (May 17), HLIB highlighted that following a recent virtual briefing, it also considers MRCB to be a strong contender for Mass Rapid Transit 3 (MRT 3) civil packages, with it being the largest listed bumiputera contractor. 

In a sector update on Friday (May 13), the research house said that its in-house economist predicted another hike in overnight policy rate (OPR) by 25 basis points (bps) in July this year. 

In a bourse filing dated May 11 on Singapore's stock exchange, Sim Leisure said it has entered into a theme park agreement in relation to the project management of the construction and the operation and maintenance of an environmentally sustainable ESCAPE theme park in Jalan Tanjung Tualang Batu Gajah, Perak.

Kein Hing’s wholly-owned subsidiary Kein Hing Thai Nguyen (Vietnam) Co Ltd (KHTV), has awarded the job to the contractor for the proposed construction of the factory on a piece of industrial land located at Diem Thuy Industrial Park, Phuc Binh District, in Vietnam.

The 18.4-acre commercial hub features two- and three-storey shopoffices with prime visibility and versatile open-concept layouts for flexible business arrangements under the new norm, with VP undertaken for 54% of its shopoffices.

Earnings per unit fell to 1.90 sen from 1.93 sen previously, its Bursa Malaysia filing showed on Thursday (May 12).