BAssets disposes of 0.48% stake in BCorp for RM8.24m
BAssets’s wholly owned unit BBright disposed an aggregate 19.16 million shares or a 0.33% stake in BCorp via direct business transactions over the past six months, for a total of RM5.59 million.
BAssets’s wholly owned unit BBright disposed an aggregate 19.16 million shares or a 0.33% stake in BCorp via direct business transactions over the past six months, for a total of RM5.59 million.
Tuju Setia Bhd, a construction group, has appointed Tee Huei Tsyr as its new chief executive officer and Seon Yen Kong as its new chief operating officer (COO).
The Ministry of Housing and Local Government (KPKT) has allocated RM500,000 for work to upgrade the famous Gerbang Malam market in Jalan Dato Tahwil Azar here.
The Shah Alam City Council dominated the Malaysian Low Carbon City Awards 2023 by securing the highest number of accolades. A total of 23 of its developments received the Diamond Recognition for its achievements in reducing carbon emissions.
Spritzer Bhd, the country's largest bottled water manufacturer, has entered a joint-venture (JV) agreement to develop a residential housing project in Perak's Larut Matang district, where the group is based.
A group of minority shareholders, who claimed to own at least 10% stake in Kumpulan Jetson Bhd, are making a second attempt to call for an extraordinary general meeting to replace the group’s incumbent board of directors.
RHB Retail Research said Gabungan AQRS Bhd is set to rebound higher above the 35 sen breakout level on stronger trading volume, following the recent pullback.
Phase 2B of Senadi Hills’ non Bumiputera units were sold out shortly after its launch on Dec 18, 2023, while 86% of the balance Bumiputera lots were registered for.
AmInvestment Bank Research expects YTL Hospitality REIT’s recent acquisition of Syeun Hotel in Ipoh to contribute a minimum net property income (NPI) of RM3.4 million to the group — representing only 1% of YTL REIT’s FY2024F NPI — based on a property yield of 6.1%, derived from the average property yield of its Malaysian assets.
Analysts tracking KLCCP Stapled Group anticipate a stable earnings trajectory for the group amid sustained robust tourist activities as well as a steady performance from the facilities management and office segments’ divisions.