Noteworthy:
When: November 2022
Shares of Star Media Group Bhd jumped as much as 9.5% in the evening session, after minority shareholders voted against a proposal to sell an industrial land, upon which factory buildings will be built, to Matang Bhd in a share and cash deal.
Eastern & Oriental Bhd’s net profit plunged 79.64% to RM16.09 million in the fourth quarter ended March 31, 2023 (4QFY2023), from RM79.02 million a year ago, amid a sharp increase of other expenses at RM120.51 million, from RM23.63 million a year before.
168 Park Selayang Sdn Bhd’s leasehold mixed development 168 Park Selayang located in Jalan Kuching, Kuala Lumpur, has achieved an 80% take-up rate for its Block A, since March 1, 2023.
Econpile Holdings Bhd has received a letter of acceptance worth US$9.5 million (RM43.77 million) for a project in Cambodia.
Star Media Group Bhd shareholders have voted to reject its proposal to sell properties, consisting of factories and a warehouse in Shah Alam, to its sister company Matang Bhd for RM33 million in a share and cash deal.
Chin Hin Group Bhd’s net profit fell 24% to RM20.05 million for the first quarter ended March 31, 2023 (1QFY2023) compared to RM26.26 million a year earlier (1QFY2022).
Apollo Food Holdings Bhd’s unit has proposed to dispose of three vacant freehold parcels of land in Johor Bahru, Johor for RM33.87 million to Ha Teng Holdings Sdn Bhd.
Axis Real Estate Investment Trust (Axis REIT) has made a slew of board changes as part of the trust's succession plan.
Vestland Bhd has bagged an RM170 million design and build contract to undertake the main building and associated works for the small office home office (SOHO) and retail units in Subang Jaya.
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