IOI Properties officially rejoins KLCI, Sime Darby out in semi-annual review
IOI Properties Group Bhd (KL:IOIPG) will rejoin the FBM KLCI as a constituent after being expelled more than a decade ago.
IOI Properties Group Bhd (KL:IOIPG) will rejoin the FBM KLCI as a constituent after being expelled more than a decade ago.
Sentoria Group Bhd (KL:SNTORIA) is at risk of being delisted on June 16, after the developer failed to submit its regularisation plan by June 3.
IJM Corporation Bhd (KL:IJM) is selling a hypermarket building in Sandakan, Sabah, to its tenant, supermarket operator Econsave, for RM47.5 million.
Varia Bhd (KL:VARIA) has proposed to jointly develop a mixed development project in Putrajaya with United Malayan Land Bhd (UMLand) and Canada-based King George Financial Corp (KGFC).
Batu Kawan Bhd (KL:BKAWAN), through its wholly-owned subsidiary Whitmore Holdings Sdn Bhd, has agreed to acquire a combined 47.7% stake in MKH Bhd (KL:MKH) for RM549.8 million, or RM2 a share, from the Chen family.
IJM Corp Bhd (KL:IJM) said the Malaysian Anti-Corruption Commission’s (MACC) probe involving its chairman Tan Sri Krishnan Tan in relation to Sunway Bhd’s (KL:SUNWAY) takeover offer had been completed and classified as “no further action”.
UDA Holdings Bhd, an agency under the Entrepreneur Development and Cooperatives Ministry, will absorb RM12.5 million in costs to help ease the burden on micro, small and medium enterprises (MSMEs) amid rising cost pressures from Middle East tensions.
Mudajaya Group Bhd (KL:MUDAJYA) said a lawsuit it had initiated over properties it was promised as payments for construction work on a mixed-development project in Kuala Lumpur will go back to the High Court for a full trial.
KLCCP Stapled Group’s (KL:KLCC) sukuk programme has been upsized to RM4 billion from RM3 billion.
Sunway Bhd (KL:SUNWAY) said Tan Sri Abdul Wahid Omar has joined the conglomerate’s board as an independent and non-executive director.