Ideal Capital plans two-for-one bonus issue
KUALA LUMPUR (April 10): Property group Ideal Capital Bhd (KL:IDEAL) has proposed to undertake a bonus issue of one billion shares on the basis of two new shares for every one share held.
IJM says no knowledge of Sunway's pre-offer discussion with shareholders, reaffirms rejection of takeover bid
KUALA LUMPUR (April 3): IJM Corp Bhd (KL:IJM) on Friday said any discussions Sunway Bhd (KL:SUNWAY) may have had with any of its shareholders prior to the announcement of Sunway's takeover bid were conducted without the knowledge or involvement of the IJM board or its management.
IJM secures RM658 mil data centre contract in Elmina Business Park
PETALING JAYA (April 1): IJM Corp Bhd has secured a RM658.
BHIC to dispose of Penang shipyard land for RM28 mil, expects RM14.4 mil gain
PETALING JAYA (April 1): Boustead Heavy Industries Corp Bhd (BHIC) is disposing of three adjoining parcels of mixed industrial and building land in Penang for a total cash consideration of RM28 million.
NCT Alliance expands NCT Smart Industrial Park with RM53 mil land subscription
PETALING JAYA (April 1): NCT Alliance Bhd is expanding its flagship NCT Smart Industrial Park (NSIP) in Kuala Langat through a RM53 million subscription that will secure control of 176.
Citaglobal bags RM150m Navy housing contract in Sabah, order book now at RM1.44b
KUALA LUMPUR (April 1): Citaglobal Bhd (KL:CITAGLB) has secured a RM150 million contract from Malaysia’s Public Works Department (JKR) to design and build military family housing at a key naval base in Sabah.
KPKT proposes Malaysia–Cambridge platform to anchor urban policy, affordable housing targets
PETALING JAYA (March 30): Malaysia’s Ministry of Housing and Local Government (KPKT) is proposing the establishment of a Malaysia–Cambridge Urban Platform, signalling a push to formalise international collaboration in urban planning and housing policy as the government aligns development priorities with the MADANI economic framework and Sustainable Development Goals (SDGs).
Axis REIT and Ann Joo mutually terminate Penang industrial property acquisition on unsatisfactory due diligence findings
KUALA LUMPUR (March 27): Axis Real Estate Investment Trust (KL:AXREIT) said the acquisition of an RM800 million industry property in Seberang Perai Tengah from Ann Joo Resources Bhd’s (KL:ANNJOO) wholly owned subsidiary Ann Joo Steel Bhd has been terminated.
Beyond the brewery: Heineken’s production shift highlights rising strategic value of PJ industrial land
PETALING JAYA (March 26): When Heineken NV announced last week that its Singapore unit would phase down large-scale brewing in favour of a regional logistics and innovation hub, the headlines focused on export projections and analyst commentary.
Taman Kolam Air, Johor semi-detached house sold for RM950k | DONE DEAL
Kemensah Residency, Selangor bungalow sold for RM3.
