Public Bank founder Teh Hong Piow passes away, aged 92
"Teh’s passing is a great loss to the Public Bank group.”
Compensation for forcefully acquired properties should not be subject to income tax, rules apex court
In coming to the decision, the five-member apex court bench led by Chief Justice Tun Tengku Maimun Tuan Mat also held that Section 4C of the Income Tax Act 1967 (ITA), which was enforced in 2014, is rendered unconstitutional.
Batu Kawan announces final dividend of 90 sen per share
The dividend’s payment date is March 2, 2023 while its entitlement date is Feb 20, 2023.
Benjamin Teo emerges as substantial shareholder in Paramount
Teo, who is the son of the group’s late chairman Datuk Teo Chiang Quan, is deemed to have an interest in 178.32 million Paramount shares pursuant to a transmission of these shares on Thursday (Dec 8).
LFE to undertake private placement to fund construction firm buy
The private placement entails the issuance of 240.41 million new shares — 30% of LFE's total issued shares — to raise RM20.77 million based on an issue price of 8.64 sen apiece.
Tycoon Lee Kim Yew trims stake in Country Heights
Lee disposed of 810,811 shares in the property developer via off market transactions on Tuesday (Dec 6).
Reneuco to undertake housing project in Terengganu jointly with state government
This state government had in August approved the development of the project on 49.92 acres of state land.
Gamuda chairman Mohammed Che Hussein retires
Mohammed has been on the company’s board as chairman since December 2013.
Property developer SkyWorld Development seeks Main Market listing
SkyWorld Development Bhd is seeking a listing on the Main Market of Bursa Malaysia, according to its prospectus exposure published on the Securities Commission Malaysia’s website on Monday (Dec 5).
Lendlease to unveil The Exchange TRX’s retail, entertainment component in 4Q2023
“As a global organisation, we will showcase our international placemaking expertise alongside our 43-year history in Malaysia to introduce our signature approach to experiential retail."
