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News by Isabelle Francis

news

Heah appointed as non-exec director of Eco World International

24 October, 2023

... replacing Datuk Chang Khim Wah, 59, who has resigned to focus on his executive role in Eco World Development Group Bhd (EcoWorld),

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news

Penang CM to sue PCCC's Tan Kok Ping over alleged 'degrading' statements

19 October, 2023

Penang Chief Minister Chow Kon Yeow will be taking legal action against the president of the Penang Chinese Chamber of Commerce (PCCC), Tan Sri Tan Kok Ping, for allegedly making defamatory statements against him.

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news

LRT3 on track to be completed by March 2025, says RHB Research

12 October, 2023

RHB Research maintained its "buy" call on Malaysian Resources Corp Bhd (MRCB) with a 55 sen target price (TP), on the premise of the timely delivery of the Light Rail Transit (LRT3) project.

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news

Aspen clarifies decade-old land buy from PDC ‘fundamentally different’ from Umech's BKIP2 deal

09 October, 2023

Aspen (Group) Holdings Ltd has issued a clarification regarding its land purchase from Penang Development Corporation (PDC) 10 years ago, to address any confusion arising from recent reports about a direct negotiation involving a land sale in Batu Kawan Industrial Park 2 (BKIP2) to Umech Construction Sdn Bhd.

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FM Global Logistics buys Singapore-based warehouse operator for RM18.9m to expand regionally

26 September, 2023

CAC is principally engaged in general warehousing, road transportation and other related services. It currently operates 236,496 sq ft of warehousing space in Singapore.

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news

SkyWorld acquires 1.3-acre land in Ho Chi Minh City for RM68m

07 September, 2023

SkyWorld Development (Vietnam) Company Ltd, a wholly owned subsidiary of SkyWorld Development Bhd, is acquiring 1.3 acres (0.53 hectare) of land in Ho Chi Minh City, Vietnam.

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Lee Hock Seng takes on director role at Impiana Hotels, set to be deputy exec chairman

07 September, 2023

Impiana Hotels Bhd has appointed Datuk Seri Lee Hock Seng as its executive director effective Wednesday, and will subsequently designate Lee as its deputy executive chairman.

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news

TA Securities positive on CapitaLand Malaysia Trust’s disposal of 3 Damansara Office Tower

06 September, 2023

TA Securities is positive on CapitaLand Malaysia Trust’s (CLMT) disposal of the lowly occupied 3 Damansara Office Tower in Petaling Jaya, Selangor.

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news

Eco World International among top active stocks after declaring bumper dividend

25 August, 2023

Eco World International Bhd (EWI) was among the five most active counters in the early session on Friday (Aug 25), as it saw 34.15 million shares changing hands, more than 23 times its average trading volume, after declaring its first interim dividend of 33 sen the day prior.

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news

Sunway's 2Q earnings fall on lower contribution from property investment

25 August, 2023

Sunway Bhd’s net profit fell 7.2% to RM149.93 million in the second quarter ended June 30, 2023 (2QFY2023), from RM161.49 million a year earlier, as lower contribution from property investment and other operating income more than offset a rise in revenue.

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