MBSB first to announce Account 2 Support Facility for eligible EPF members
MBSB Bank Bhd appears to be the first to announce an Employees Provident Fund (EPF)-backed loan, or the Account 2 Support Facility (FSA2), for members aged between 40 and 55.
CGS-CIMB projects electricity tariff hike for domestic users in 2H2023
Domestic electricity users with high volume usage may be the next target for higher tariffs, following upward adjustments for large corporations in January, according to CGS-CIMB Research.
Tanco scraps issuance of preference shares worth RM100 million to Socso
Tanco Holdings Bhd has aborted a plan to raise RM100 million through an allotment of 100 million redeemable preference shares (RPS) of RM1 each to the Social Security Organisation (Socso).
Signature International buys 45% stake in home furnishing firm with semiconductor-based customers
Kitchen specialist Signature International Bhd is acquiring a 45% stake in home furnishing company Zig Zag Builders (M) Sdn Bhd (ZZBSB) to diversify its customer base.
Tek Seng buys land near Penang factories for RM34m
PVC products manufacturer Tek Seng Holdings Bhd is acquiring three parcels of freehold vacant land near its factories in Seberang Perai, Penang for RM33.96 million.
Ayer Holdings proposes 20 sen dividend for FY2022 on seven-year high profit
Ayer Holdings Bhd, formerly known as TAHPS Group Bhd, has proposed a dividend of 20 sen per share for the financial year ended Dec 31, 2022 (FY2022), the highest by the group since FY2015, when it paid a dividend of 32 sen.
RHB Research stays ‘overweight’ on property and real estate sector, sees value despite market volatility
RHB Research has maintained its “overweight” rating of the property and real estate sector, naming IOI Properties Group Bhd and Matrix Concepts Holdings Bhd as its top picks.
Hydroshoppe director charged with offering bribes to Annuar Musa for KL tower concession
Abdul Hamid Shaikh Abdul Razak Shaikh was charged at the Sessions Court here on Tuesday (April 5) for offering RM500,000 a year for 15 years for the benefit of then communications and multimedia minister Tan Sri Annuar Musa in exchange for expediting Abdul Hamid’s company's take over of the KL Tower concession.
SunCon receives additional RM606.6 mil worth of works for South Quay Square project
Sunway Construction Group Bhd (SunCon) has signed a second supplemental agreement for additional works amounting to RM606.64 million in regards to the South Quay Square project.
Vincent Tan ceases to be BLand's substantial shareholder
The stake, comprising 69.89 million shares was sold via direct business transactions on March 30.
