Oriental Kopi firms up deal to buy head office for RM23m
Oriental Kopi Holdings Bhd (KL:KOPI) has firmed up a deal to acquire the premises it currently rents as its head office and warehousing facility in Puchong for RM23 million in cash.
PN17 TXCD gets RM119.1 mil in construction subcontracts from Vestland
TXCD Bhd (KL:TXCD), a construction and property development player formerly known as Ageson Bhd and a Practice Note 17 (PN17) company, announced it has secured subcontracts valued at RM119.14 million for construction work in Kuala Lumpur from Vestland Bhd (KL:VLB).
SDS Group to buy Johor Bahru land for RM102 mil to build new factory
Bakery product maker and retailer SDS Group Bhd (KL:SDS) is buying a 14.3-hectare (35.4 acre) land in Johor Bahru for RM101.7 million to build a new manufacturing facility.
NCT Alliance explores battery storage partnership with China’s Great Power
Property developer NCT Alliance Bhd (KL:NCT) is looking at a potential partnership with Guangzhou Great Power Energy & Technology Co Ltd (Great Power) to explore battery energy storage system (BESS) projects in Malaysia.
Sentoria’s stalled Morib project to be taken over by Masteron
Sentoria Group Bhd (KL:SNTORIA) announced on Thursday that developer Masteron Sdn Bhd will take over its troubled 204-acre development in Morib, Selangor, after the group admitted it was unable to complete the project.
Pavilion REIT 4Q property income up 11% with new hotels, declares 5.03 sen DPU
Pavilion Real Estate Investment Trust (KL:PAVREIT) saw its net property income (NPI) in the fourth quarter rise 11.1% from a year earlier, fuelled by rental income from its newly acquired hotels.
Advancecon gets RM82 mil earthworks job in Johor-Singapore Special Economic Zone
Advancecon Holdings Bhd (KL:ADVCON) has secured an RM82.09 million contract to undertake earthworks and main drainage works for a development in the Johor-Singapore Special Economic Zone (JS-SEZ).
CGS turns bullish on Sime Darby amid data centre demand, delayed vehicle tax changes
Sustained demand for mining equipment in Australia is expected to boost the industrial segment’s earnings, while a delay on a tax revision on locally assembled vehicles will likely spur the motor segment, CGS said in a note on Monday.
Cabinet scraps Urban Renewal Bill for improvements—Fahmi
The Urban Renewal Bill has been retracted by the Cabinet to allow for improvements to be made, according to Communications Minister Datuk Fahmi Fadzil.
Tay Hui Ling to be new CEO of Sentral REIT
Sentral REIT’s (KL:SENTRAL) manager Sentral REIT Management Sdn Bhd has appointed Tay Hui Ling as acting CEO effective Jan 22, with her appointment to be formalised once Securities Commission approves it, according to a bourse filing on Thursday.
