Classita proposes five-for-two rights issue with free warrants to raise RM30m-RM96.5m
The corporate exercise will involve issuance of up to 965.4 million rights shares and up to 579.24 million warrants, whose exercise price is fixed at 20 sen each.
Gamuda debuts first-of-its-kind Islamic ESG-linked financing with OCBC Malaysia
OCBC Malaysia is the sole sustainability structuring adviser for Gamuda’s maiden ESG-linked holistic financing solution totalling up to RM550 million.
Analysts see possible minor reviews, delay in MRT3 awards and tenders to late 1H2023
The research house said three diversified contractors, namely Gamuda Bhd, IJM Corp Bhd and Malaysia Resources Corp Bhd (MRCB), are of the collective view that the MRT3 project would proceed.
SunCon bags RM1.7b data centre construction job
The construction firm’s wholly owned subsidiary Sunway Construction Sdn Bhd entered into the contract with Yellowwood Properties Sdn Bhd on Dec 31, 2022.
Gamuda buys RM360m Rawang land for mixed development with RM3.3b GDV
Gamuda said these land acquisitions are synergistic to the group since they are located next to its existing 810-acre Gamuda Gardens township in north Sungai Buloh.
Crest Builder unit wins RM479m job to build condo blocks in Desa ParkCity
The contract will span 39 months from May 5, 2023 to Aug 4, 2026.
PAM: Approach registered professionals for renovation project
Malaysia Institute of Architects (PAM) president Sarly Adre Sarkum urges the public to approach registered professionals through their respective institutes prior to starting a renovation project to avoid being scammed.
Kawan Food cancels plan to purchase Selangor land plots for second manufacturing plant
Kawan Food inked a sale and purchase agreement (SPA) with RGP Warehouse Solutions Sdn Bhd to buy the five plots in April this year to build its second manufacturing plant.
Targeted electricity subsidy to be implemented from Jan 1; domestic users and small businesses exempted from tariff hike
The government will also not increase the 3.7 sen per kWh surcharge on farmers and animal breeders as well as lower voltage (LV) non-domestic.
PM: Govt may impose higher electricity tariffs on multinational exporters, subsidy 'not for giant companies'
Prime Minister Datuk Seri Anwar Ibrahim on Wednesday (Dec 14) indicated a potential increase in electricity tariffs on the horizon for multinational companies that export and no subsidy for selected profitable "giant" companies.
