News by justin Lim

Ooi holds a 17.38% stake in Heng Huat through Skylitech Resources Sdn Bhd. He is the second largest shareholder of the company.

The placement will raise RM276.66 million in gross proceeds.

The proposed acquisition will provide Sunway Group with geogrpahical and sectorial diversification, as well as a stable and sustainable income stream. 

The proposed acquisition will provide Sunway Group with geogrpahical and sectorial diversification, as well as a stable and sustainable income stream. 

The new agreement also includes SIA’s subsidiaries SilkAir and Scoot, as well as Firefly, the sister airline of MAB.

After reinventing its Menara HLA by offering co-working and co-living spaces, Tower REIT, part of the Hong Leong Group, is also looking to revamp another asset in an attempt to improve occupancy and net property income.

Start-ups coming here will gain access to funding, market, data and marketing opportunity.

The sanction will last for three years, the group said in a stock exchange filing.

Kamarulzaman took over the role from Mohd Rani Hisham Samsudin, whose contract expired on Sept 15.

The second project, named Vertex Kuantan, is a mixed development with a gross development value (GDV) of RM268 million.