Ge-Shen selling 4.61-acre land in JB for RM35 mil
Ge-Shen Corp Bhd (KL:GESHEN) is to sell Johor Bahru land measuring 4.61 acres in aggregate, with an office, a warehouse, and a factory built atop, for RM35 million in cash.
Cahya Mata Sarawak initiates arbitration against Vienna Advantage over contract dispute
The dispute pertains to Vienna Advantage’s alleged failure to supply and implement enterprise resource planning and related services agreed upon under various agreements inked between July 2019 and November 2023.
HCK Capital director Tiong Tak Chong emerges as substantial shareholder
This came after Tiong converted warrants into 2.6 million shares or a 0.42% stake on Jan 28.
Awantec selling Cyberjaya office building for RM25m
AwanBiru Technology Bhd (KL:AWANTEC) is disposing of an eight-storey office and retail building in Cyberjaya to tenant Puncak Hartanah Intelek Sdn Bhd for RM25 million.
Citaglobal to buy 1.6-acre land in KL for RM73 mil
Citaglobal Bhd (KL:CITAGLB) signed a deal on Friday to buy a 1.58-acre land at Jalan Tun Razak from Bank Islam Malaysia Bhd (KL:BIMB), for RM73 million.
Ecobuilt plans capital reduction and rights issue
Loss-making construction company Ecobuilt Holdings Bhd (KL:ECOHLDS) has proposed a share capital reduction to wipe out its accumulated losses, as well as a rights issue to raise fresh capital.
Taghill’s RM39m columbarium job mutually terminated
Taghill Holdings Bhd (KL:TAGHILL) said it is not proceeding with a RM38.88 million contract to build a 15-storey columbarium in the city centre due to escalating material costs.
TH Plantations’ unit sued for RM230m in native land dispute
TH Plantations Bhd’s (KL:THPLANT) said its 60%-owned unit TH Pelita Simunjan Sdn Bhd is being sued for RM230.25 million for allegedly trespassing on native land.
Symphony Life emerges as Vizione’s largest shareholder in RM12m deal
Property developer Symphony Life Bhd (KL:SYMLIFE) has emerged as the largest shareholder of Vizione Holdings Bhd (KL:VIZIONE) with a 25.88% stake, after subscribing to the entire private placement by Vizione.
No ‘significant financial impact’ expected from Majujaya suit, says Bina Puri
Bina Puri Holdings Bhd (KL:BPURI) said the company does not expect “any significant financial and operational impact” from the RM28.17 million lawsuit by Wisma Majujaya Sdn Bhd in relation to a joint venture agreement (JVA) to develop a project in Johor.
