Property group Encorp diversifies into silica mining
Property developer Encorp Bhd is diversifying into silica mining, which it sees as having a “huge future potential”.
Property developer Encorp Bhd is diversifying into silica mining, which it sees as having a “huge future potential”.
Dairy producer Farm Fresh Bhd has obtained the state authority's consent for the transfer of a freehold industrial land in Bandar Baru Enstek, Negeri Sembilan to the group to set up a manufacturing hub.
Lil Wayne has been described as one of the most influential hip-hop artistes of his generation and has even been considered one of the greatest rappers of all time.
The Klang Municipal Council (MPK) has adopted a novel way to catch litterbugs in action. It has deployed a team plainclothes officers to nab those who litter.
Gamuda Bhd’s net profit increased 19.89% to RM255.24 million for the fourth quarter ended July 31, 2022 (4QFY22), from RM212.88 million a year earlier, on the back of improved earnings in the construction and property divisions.
Loss-making Nexgram Holdings Bhd is acquiring Wings By Croske Resort Langkawi for RM90 million, to be paid via issuance of preference shares by its subsidiary Medic Asset Group Sdn Bhd (MAG).
Aiming to provide greater professional security for the public, the Malaysian Institute of Property and Facility Managers (MIPFM) has entered into a memorandum of understanding (MOU) with Etiqa General Insurance Bhd to offer Professional Indemnity (PI) Insurance as well as the Fire and Miscellaneous Classes for members of MIPFM and property management firms.
Scientex Bhd's net profit slipped 12.4% to RM124.98 million in the fourth quarter ended July 31, 2022 (4QFY22) from RM142.65 million, hit by higher tax and interest expenses amid margin compression in its property segment.
Plywood products maker Annum Bhd (formerly Cymao Holdings Bhd), has inked a preliminary agreement to appoint Koperasi Belia Nasional (Kobena) as an agent to get its members to purchase all 130 single-storey terrace homes of a residential project which it is developing in Perak.
Noteworthy:
When: April 2022