Aurelius plans 10% placement to raise RM75m, proposes to buy land for RM13.58m
The vacant industrial land in Kulim High-Tech Park measures about 301,874 sq ft.
MGB inks preliminary deal with Saudi company for RM2.89b IBS collaboration
Construction engineering company MGB Bhd on Friday (Jan 13) inked a memorandum of understanding (MOU) with real estate development company SANY Alameriah For Construction Co Ltd to collaborate on projects in Saudi Arabia.
JAKS-KACC JV filing application to stay adjudication decision to pay GUH’s unit
A joint venture (JV) of JAKS Resources Bhd is filing an application to stay and set aside the adjudication decision to pay RM11.49 million to GUH Holdings Bhd's unit, plus other interests, costs and adjudicator's fees, following the termination of a work contract.
AmFIRST REIT's ex-CEO Raja Nazirin now helms Al-`Aqar Healthcare, Al-Salam REITs
Raja Nazirin Shah Raja Mohamad has been appointed as the chief executive officer of Al-`Aqar Healthcare REIT and Al-Salam Real Estate Investment Trust (REIT) effective from Wednesday (Jan 11).
Tex Cycle to sell two factories for RM19 mil
Tex Cycle Technology (M) Bhd has proposed to dispose of two detached factories in Puchong for RM19 million, noting that they have increased in value since their acquisition in 2004.
UEM Edgenta serves winding-up petition to AZRB’s unit
Edgenta Propel Bhd, a unit of UEM Edgenta, is the sub-contractor of the MRT2 project.
Paragon Union to sell Cheras industrial land to D’nonce Technology for RM17.5 mil
Paragon Union Bhd is selling industrial land in Cheras, Selangor for RM17.5 million to D’nonce Technology Bhd with proceeds from the sale earmarked chiefly for working capital and repayment of bank borrowings.
Ministry sets up taskforce to tackle 381 'sick' private housing projects
The Ministry of Local Government Development will establish a taskforce to tackle 381 “sick” private housing projects, it said in a statement on Friday (Dec 30).
Bursa reprimands Top Builders for late issuance of 2021 annual report
Bursa Malaysia Securities has publicly reprimanded Top Builders Capital Bhd for failing to issue its annual report for the 18-month period ended June 30, 2021 (FY2021) within the stipulated time.
Sunway REIT to sell Sunway Medical Centre buildings back to Sunway's healthcare arm for RM430 mil
Sunway Real Estate Investment Trust is going to sell a seven-storey purpose-built hospital and land it bought for RM310 million a decade ago from Sunway Bhd's healthcare arm under a sale-and-lease-back arrangement — known as Tower A & B of Sunway Medical Centre — back to the latter for RM430 million.
