Henry Butcher Malaysia: Local residential market will not be much impacted in 2023
The property consultant firm reckons that the residential property market is expected to face some headwinds and challenging conditions in 2023.
Radium Development gets SC's nod to list on Main Market
Radium said that since 2013, it has delivered high-rise residential projects worth RM1.49 billion in GDV, all strategically located within Kuala Lumpur.
UEM Edgenta serves winding-up petition to AZRB’s unit
Edgenta Propel Bhd, a unit of UEM Edgenta, is the sub-contractor of the MRT2 project.
Classita proposes five-for-two rights issue with free warrants to raise RM30m-RM96.5m
The corporate exercise will involve issuance of up to 965.4 million rights shares and up to 579.24 million warrants, whose exercise price is fixed at 20 sen each.
Gamuda debuts first-of-its-kind Islamic ESG-linked financing with OCBC Malaysia
OCBC Malaysia is the sole sustainability structuring adviser for Gamuda’s maiden ESG-linked holistic financing solution totalling up to RM550 million.
Analysts see possible minor reviews, delay in MRT3 awards and tenders to late 1H2023
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.
Couple face misappropriation of property and alternative CBT charges
Tan Ching Peng, 60, and Tan Siew Moi, 57, were charged with three counts of misappropriation of property amounting to RM220,000 involving Rekabina Construction Sdn Bhd in December 2020, January 2021 and September 2021. All offences were committed at Kota Kemuning, Shah Alam.
Majuperak to dispose of 134.2ha land to Perak Agro Corporation for RM9.53m as debt settlement
Majuperak Holdings Bhd has decided to dispose of a 134.2-hectare leasehold land in Perak to a wholly-owned unit of the state’s agricultural development agency for RM9.53 million as a debt settlement.
MR DIY buying foreign worker quarters in related party deal
MR DIY Group (M) Bhd is buying 80 units of purpose-built foreign worker quarters in Selangor for RM165,000 each, or a total of RM13.2 million.
Paragon Union to sell Cheras industrial land to D’nonce Technology for RM17.5 mil
Paragon Union Bhd is selling industrial land in Cheras, Selangor for RM17.5 million to D’nonce Technology Bhd with proceeds from the sale earmarked chiefly for working capital and repayment of bank borrowings.
