WCT plans RM5b sukuk wakalah to fund working capital, debt refinancing
WCT Holdings Bhd (KL:WCT) has proposed a sukuk wakalah programme of up to RM5 billion to fund working capital and refinancing of borrowings.
Haily clinches RM48 mil double-storey housing contract in Skudai
Haily Group Bhd (KL:HAILY) has secured a RM48.21 million contract to build double-storey houses in Taman Impian Emas, Skudai, Johor.
AME Elite wins RM214m job to build test cell facility for KLIA Aeropolis
AME Elite Consortium Bhd (KL:AME) has secured a RM214.1 million contract from KLIA Aeropolis Sdn Bhd, a subsidiary of Malaysia Airports Holdings Bhd, to build the first phase of a specialised test cell facility in Sepang.
Builder-turned-blogger Koon Yew Yin passes away
Koon has also established scholarships and contributed generously to universities, including RM1 million annual student grant to Universiti Tunku Abdul Rahman, driven by his belief that education was the key to uplifting society.
Sentoria Group co-founder Gan Kim Leong sells out of PN17 firm
Sentoria Group Bhd (KL:SNTORIA), a Practice Note 17 (PN17) company, said its co-founder Datuk Gan Kim Leong has ceased to be a substantial shareholder after disposing of his indirect stake in the group’s holding company, Sentoria Capital Sdn Bhd.
EcoFirst to acquire two Penang land parcels for RM45 mil
EcoFirst Consolidated Bhd (KL:ECOFIRS) said it is acquiring two freehold land parcels in Penang island for RM45 million as part of its plan to strengthen its development pipeline and diversify earnings beyond the Klang Valley.
LSH Capital to seek shareholders’ approval for RM484.8m Morib project with chairman’s Besteel Engtech
Lim Seong Hai Capital Bhd (KL:LSH) plans to seek shareholders’ approval to partner with executive vice-chairman Datuk Lim Keng Guan’s Besteel Engtech Sdn Bhd and inject RM484.8 million for the Morib rejuvenation project, covering the renovation of the Sri Morib Golf Club and development of a 150-acre land nearby for residential and commercial use.
YTL Cement trims 5.95% stake in Malayan Cement, confirms The Edge report
The placement of up to 100 million shares equivalent to a 7.2% stake in Malayan Cement is expected to raise as much as RM755 million.
MN Holdings bags data centre substation contracts worth RM123m
MN Holdings Bhd (KL:MNHLDG) said it has secured four contracts worth a combined RM122.7 million to supply and install substation equipment for data centre projects in central and southern Peninsular Malaysia.
Binastra bags largest-ever contract worth RM1.2 bil for Exsim’s JB Causewayz Square project
Binastra Corporation Bhd (KL:BNASTRA) has secured its largest contract to date, following the acceptance of two letters of award worth a combined RM1.2 billion for main building and infrastructure works at Causewayz Square, a landmark high-rise development by Exsim group in Johor Bahru.
