News by syafiqah Salim

Mulpha International Bhd has secured a A$160 million (RM478 million) green syndicated construction facility in Australia.

The construction engineering company has 12 months to regularise its financial condition, failing which trading in its securities could be suspended and it could be delisted from Bursa Malaysia. 

The Main Market-listed company failed to file its annual report by the April 30 deadline. 

CapitaLand Malaysia Trust’s (CLMT) net property income (NPI) increased by 8.8% to RM39.2 million for the first quarter ended March 31, 2023 (1QFY2023) from RM36.1 million a year ago, driven by higher revenue contribution from most of its properties, supported by a sustained recovery in retail sentiment, as well as contributions from Valdor Logistics Hub and the newly acquired Queensbay Mall.

Teladan Setia Group Bhd via its wholly-owned subsidiary Teladan Setia Sdn Bhd (TSSB) has inked a Memorandum of Understanding (MOU) to install solar PV systems in its Taman Bertam Heights Phase 2A Gated and Guarded housing development project in Melaka.

Aeon Co (M) Bhd is acquiring a piece of land measuring 8.691 hectares in Kota Bharu, Kelantan for RM165 million.

TAFI Industries Bhd via its wholly-owned unit TAFI Home & Office Sdn Bhd (THOSB) has been awarded a RM9.66 million contract to build a factory in Kuala Langat, Selangor.

Borrowers of the Employees Provident Fund (EPF) Account 2 Support Facility (FSA2) programme are at risk of being blacklisted if they fail to repay the financing received from the support programme in the required payment period.

Property developer Tambun Indah Land Bhd said it has proposed a first and final single tier dividend of 5.6 sen per share for the financial year ended Dec 31, 2022 (FY2022), to be approved by shareholders at its upcoming annual general meeting.

However, this withdrawal is conditional where the withdrawal payment will only be made to the banking institution when the member reaches the age of 50 to 55, as stipulated in the EPF Act 1951.