Citaglobal to buy 1.6-acre land in KL for RM73 mil
Citaglobal Bhd (KL:CITAGLB) signed a deal on Friday to buy a 1.58-acre land at Jalan Tun Razak from Bank Islam Malaysia Bhd (KL:BIMB), for RM73 million.
Ecobuilt plans capital reduction and rights issue
Loss-making construction company Ecobuilt Holdings Bhd (KL:ECOHLDS) has proposed a share capital reduction to wipe out its accumulated losses, as well as a rights issue to raise fresh capital.
Taghill’s RM39m columbarium job mutually terminated
Taghill Holdings Bhd (KL:TAGHILL) said it is not proceeding with a RM38.88 million contract to build a 15-storey columbarium in the city centre due to escalating material costs.
TH Plantations’ unit sued for RM230m in native land dispute
TH Plantations Bhd’s (KL:THPLANT) said its 60%-owned unit TH Pelita Simunjan Sdn Bhd is being sued for RM230.25 million for allegedly trespassing on native land.
Symphony Life emerges as Vizione’s largest shareholder in RM12m deal
Property developer Symphony Life Bhd (KL:SYMLIFE) has emerged as the largest shareholder of Vizione Holdings Bhd (KL:VIZIONE) with a 25.88% stake, after subscribing to the entire private placement by Vizione.
No ‘significant financial impact’ expected from Majujaya suit, says Bina Puri
Bina Puri Holdings Bhd (KL:BPURI) said the company does not expect “any significant financial and operational impact” from the RM28.17 million lawsuit by Wisma Majujaya Sdn Bhd in relation to a joint venture agreement (JVA) to develop a project in Johor.
Crescendo sells third parcel to Microsoft for RM119.8 mil in Johor
Johor-based property developer Crescendo Corp Bhd (KL:CRESNDO) is selling a 22.55-acre piece of land in Pulai, Johor, to Microsoft for RM119.83 million, marking its third land deal since with the global tech giant.
Sentral REIT's net property income flat in 4Q, up 20.4% for full year
Sentral REIT (KL:SENTRAL) ended the final financial quarter with a flat net property income (NPI), as revenue gains were offset by operating expenses for Menara CelcomDigi.
KTI Landmark explores affordable housing project in Kota Kinabalu
ACE Market-listed KTI Landmark Bhd (KL:KTI) is exploring a potential affordable housing project in Kota Kinabalu, Sabah, to be jointly developed with a state government agency.
Taghill bags RM58 mil commercial complex construction job
Taghill Holdings Bhd’s (KL:TAGHILL) said it has secured a RM58 million contract for construction work on an 18-storey commercial complex in Ipoh.
