Vincent Tan ceases to be BLand's substantial shareholder
The stake, comprising 69.89 million shares was sold via direct business transactions on March 30.
Parliament approves converting RM165m govt loan to UDA into equity
The purpose of the exercise is to reduce UDA’s financial burden and ensure the company continues to implement development projects for the economic growth of the country as well as safeguard the interest of bumiputera in urban areas.
Sunsuria explores EV venture with China’s IAT Automobile
The MOU is part of China’s RM170 billion foreign direct investment commitments secured by Malaysia in conjunction with Prime Minister Datuk Seri Anwar Ibrahim’s visit to China last week.
BLand’s extension bid to comply with public shareholding spread rejected
Berjaya Land Bhd (BLand)’s application for a six-month extension to comply with its approved public shareholding spread requirement of 20% was rejected by Bursa Malaysia Securities Bhd.
Symphony Life sues former partner for RM150 mil over terminated joint development agreement
Symphony Life Bhd is suing its former development partner for RM150 million over a terminated agreement to jointly develop residential condominiums in Langkawi.
PTT Synergy to buy construction firm from directors for RM152 mil
PTT Synergy Group Bhd (formerly Grand Hoover Bhd) is acquiring construction firm Pembinaan Tetap Teguh Sdn Bhd (PTTSB) from its major shareholders and directors for RM152 million, to grow its construction business.
Vizione revokes agreement for RM38 mil acquisition of property firm from MD
Vizione Holdings Bhd has revoked its agreement to acquire property development company Midlands City Sdn Bhd for RM38 million from its managing director and others.
LSH Capital shareholders pave way for diversification into property development
Shareholders of LEAP Market-listed Lim Seong Hai Capital Bhd (LSH Capital) have paved the way for the construction-related products and service provider to transform into a full-fledged construction and construction-related services and solutions provider.
E&O to buy out partner for RM47 mil to fully-own Seri Tanjung Pinang concession
Eastern & Oriental Bhd (E&O) has proposed to pay RM46.95 million to purchase the remaining 40% equity interest in E&O-PDC Holdings Sdn Bhd from Penang Development Corporation (PDC), to enable E&O to wholly own the Seri Tanjung Pinang reclamation and development concession.
Gamuda and partner buy Winchester House London for RM1.39b to turn into best-in-class ESG office space
Gamuda's wholly owned Gamuda Land (Labuan) Ltd holds a 75% stake in VB II, while Castleforge’s wholly-owned partnership entity Athelstan Ltd owns the remaining 25%.
