Ekovest, Knusford shares decline after merger falls through
Shares of Ekovest Bhd (KL:EKOVEST) and Knusford Bhd (KL:KNUSFOR) slid on Tuesday after their proposed merger fell through following the third extended deadline.
MRCB firms up deal to jointly develop RM6.25b GDV Ipoh Sentral
Malaysian Resources Corp Bhd (KL:MRCB) has firmed up the partnership to jointly develop Ipoh Sentral, a transit-oriented development project in the Perak capital with a gross development value of RM6.25 billion.
Ecobuilt shelves rights issue, to proceed with capital reduction
Ecobuilt Holdings Bhd (KL:ECOHLDS) has decided to call off its proposed rights issue and proceed only with a share capital reduction.
Lulu Group shuts down retail operations in Malaysia
Lulu Group is shutting down its hypermarkets in Malaysia, while keeping its wholesale division in the country.
Mitraland founder Chuah Theong Yee ceases to be substantial shareholder of Eonmetall
Mitraland Group founder Chuah Theong Yee has ceased to be a substantial shareholder in steel products maker Eonmetall Group Bhd (KL:EMETALL).
Taghill CEO Ng Wai Hoe steps down
Construction outfit Taghill Holdings Bhd (KL:TAGHILL) has announced the resignation of its CEO and executive director, Ng Wai Hoe, effective immediately.
Dispute resolution panel orders Zelan to pay subcontractor RM22.4 mil
An arbitral tribunal has ruled against Zelan Bhd’s (KL:ZELAN) in a dispute related to a construction contract with subcontractor Landasan Kapital (M) Sdn Bhd.
Lagenda 1Q profit grows 4%, doubles FY2025 property launch target
Lagenda Properties Bhd (KL:LAGENDA) posted a 4.4% year-on-year (y-o-y) increase in net profit for the first quarter, thanks to earnings recognised from elimination adjustments.
Symphony Life plans RM23m private placement to fund Lembah Ledang project
Symphony Life Bhd (KL:SYMLIFE) has proposed to raise up to RM23.53 million via a private placement of 10% of its enlarged share base to fund a joint development project.
YTL Corp's 3Q profit down 16%, dragged by weak YTL Power results, offset by Malayan Cement's strong showing
YTL Corp Bhd (KL:YTL) on Thursday posted a 15.5% year-on-year drop in quarterly net profit, dragged by YTL Power International Bhd's (KL:YTLPOWR) weaker results, offset by a strong showing from Malayan Cement Bhd (KL:MCEMENT).
