Ecoscience bags RM38 mil job to construct building, electrical substation in Selangor
Ecoscience International Bhd has secured a RM38.02 million contract for the construction of a building and substation in Kerling, Selangor.
Ho Hup proposes 10% private placement to raise RM12.4m to pay sub-contractors, repay borrowings
The construction outfit said the private placement exercise entails the issuance of up to 49.49 million shares.
AZRB plans 10% private placement to raise RM12.7m for working capital
Ahmad Zaki Resources Bhd (AZRB) plans to undertake a private placement of 10% of its share base to raise RM12.7 million to fund the engineering and construction group’s working capital requirements.
Ewein buys 3.9ha land in Seberang Perai for RM39.8m
The property developer is buying the land through its indirect wholly-owned subsidiary SkyDorm Sdn Bhd, which is principally involved in construction and letting of industrial properties.
UEM Sunrise: Land deal with Melati Ehsan beneficial as we can monetise asset while keeping control of development rights
UEM Sunrise Bhd, which is selling a 4.01-acre plot in Kiara Bay here to Melati Ehsan Holdings Bhd in a related-party-transaction (RPT), said the deal enables the group to monetise the land at its current market value while allowing it to retain control over the land's development via a development rights agreement (DRA) it has also inked with Melati Ehsan.
Axbena withdraws RM28 mil suit against Bintai Kinden’s unit after settlement
Axbena Sdn Bhd has decided to drop the RM27.7 million lawsuit against Johnson Medical International Sdn Bhd (JMI), an indirect subsidiary of Bintai Kinden Corp Bhd, after the parties involved reached an amicable settlement resulting in the resolution of the dispute.
To improve access to housing, govt to shift focus from ownership to rental
“A new rental tenancy regulation will be introduced to promote rental as an alternative to home ownership.”
ECM Libra to buy beachfront land in Johor to grow hospitality segment
ECM Libra Group Bhd is to acquire two pieces of beachfront land in Johor for an aggregate RM36.86 million for future hospitality developments.
Aneka Jaringan plans another private placement to fund projects
Just over a month after completing a private placement exercise earlier this year, Aneka Jaringan Holdings Bhd has proposed to undertake another such cash call to raise RM15.51 million to fund its ongoing construction projects.
Pavilion REIT signs deals to power Pavilion KL, Intermark and Pavilion Bukit Jalil with RE
Pavilion Real Estate Investment Trust (Pavilion REIT) plans to purchase renewable energy (RE) under the Corporate Green Power Programme (CGPP) to power its malls.
