Oriental Interest Bhd (OIB) recorded a more than five-fold jump in net profit to RM27.64 million or 5.95 sen per share for the fourth quarter ended Aug 31, 2022 (4QFY22), from RM5.12 million or 1.37 sen per share in the previous year’s corresponding quarter.

Advancecon Holdings Bhd’s 51%-owned indirect subsidiary Spring Energy Sdn Bhd (SESB) is disposing of a piece of land in Kedah to plastic packaging manufacturer Thong Guan Industries Bhd for RM34 million or RM9.95 per sq ft.

Property developer Tanco Holdings Bhd has proposed to raise RM100 million through an allotment of 100 million redeemable preference shares (RPS) of RM1 each to the Social Security Organisation (Socso).

NCT Alliance Bhd has increased the size of its private placement to 15% of total issued shares from 10% proposed less than one month ago, to raise a higher sum of up to RM65.16 million, from up to RM48.37 million previously.

Top Builders, formerly known as Ikhmas Jaya Group Bhd, said it is currently working with auditors to revise the timeline for completing its audited financial statements before the Oct 31 deadline.

MainStreet Advisers said based on the revalued net asset value approach, the offer price per share represents a discount of RM14.92 or 86.64% of each Mulpha share.

The earthwork package of Langkasuka Village is worth RM40 million and it is targeted for completion by August 2023.

EPF holds a 5.51% stake or 224.55 million shares in S P Setia as at Oct 6, 2022. 

"Entering its 19th year of operations, BTS mall had an occupancy rate of 86% as at June 30, 2022."

The gala night was the first large-scale event EdgeProp Singapore has organised since the pandemic started.