GDB climbs over two-year high after contract win
Shares in GDB Holdings Bhd (KL:GDB) rose to their highest in more than two years in highly active trade, after the construction company announced a contract win worth RM865.66 million.
Talam Transform among top active counters after demise of major shareholder
Talam Transform Bhd's (KL:TALAMT) shares were one of the most active in early trade on Wednesday, gaining half sen or 25% to 2.5 sen, following the demise of its major shareholder Tan Sri Chan Ah Chye.
TAFI Industries unit disposes of Muar property for RM12 mil
TAFI Industries Bhd's (KL:TAFI) wholly-owned unit, TA Furniture & Projects Sdn Bhd (TAFPSB) is disposing of one of its industrial premises comprising a factory annexed with a storey office in Muar, Johor for RM12 million.
Chin Hin ups stake in Signature International to 72.18% at close of MGO
At the close of Chin Hin Group Bhd's (KL:CHINHIN) mandatory takeover offer (MGO) for all the remaining stakes in Signature International Bhd (SIB) (KL:SIGN), Chin Hin received acceptances for over 245.53 million shares, or the equivalent of a 38.69% stake.
YNH says it has remedied 'technical default' involving sukuk programme
YNH Property Bhd (YNH) said it has remedied the "technical default" involving its sukuk programme that led to a downgrade of the company's rating by MARC Ratings recently, and assured that it will maintain compliance to prevent further technical defaults.
EPF grants Ekovest extension till February 2026 to implement exit plan from Duke
“The company and EPF are evaluating various viable options together to implement the exit event or any alternative plan in the best interests of the parties.”
EcoWorld unit acquiring Johor land for RM450.13m, eyes affordable housing development
Eco World Development Group Bhd unit Eco Botanic 3 Sdn Bhd (EB3SB) is acquiring land in Pulai, Johor from River Retreat Sdn Bhd (RRSB) for RM450.13 million, and will subsequently develop the land for affordable housing.
Kerjaya Prospek bags RM111.8m job, fourth contract win of the year
The project entails the construction of a 52-storey main building works, comprising of a 42-storey serviced apartment block and an eight-storey elevated car park amongst others.
AmInvestment expects 27% earnings growth for developers in 2024
Additionally, the research firm expects increased revenue contributions from recently launched projects following aggressive launches by developers in 2023.
Highway concessionaires to retain toll collection rights despite MLFF project development, says Nanta
Works Minister Datuk Seri Alexander Nanta Linggi has confirmed that existing highway concessionaires will still have the rights to collect toll charges as per agreements with the government that are still in force, despite the development of the multi-lane free-flow (MLFF) project by a private firm.
