Miti tightens steel licensing to address upstream overcapacity
The roadmap introduces a comprehensive overhaul of manufacturing licences, to align industry growth with actual demand, technological shifts, and national decarbonisation goals.
Inta Bina secures RM40.6 mil housing construction job from Eco Majestic
Inta Bina Group Bhd (KL:INTA) has secured a RM40.6 million contract to construct 128 two-storey terrace houses within a gated and guarded development at Beranang in Selangor's Hulu Langat district.
Paramount Corporation to open ninth co-working space in Johor this November
Paramount Corporation Bhd (KL:PARAMON) plans to launch its ninth Co-labs Coworking location at Mid Valley Southkey in Johor this November—its first expansion outside the Klang Valley.
Classita says RM34 mil quoted price for lingerie business stake was illustrative, not final
Classita Holdings Bhd (KL:CLASSITA), which is set to be renamed NexG Bina Bhd, clarified on Thursday that the proposed selling price for its 49% stake in its lingerie business is not fixed at RM34.1 million, contrary to earlier reports.
Sunway, Singapore partner secure second land plot in Chuan Grove with RM2.05 bil winning bid
Sunway Bhd (KL:SUNWAY) and its local partner have secured another residential site in Chuan Grove, Singapore after submitting the best bid at S$623.91 million (RM2.05 billion).
Classita to sell non-core assets to fund multi-site property projects as NexG Bina
NexG bought a 32.61% stake in Classita for RM76.78 million, targeting its loss-making property and construction business, which includes a CIDB G7-certified unit able to handle large, complex construction projects.
Cash-rich Luxchem to acquire Klang land for future development
Cash-rich industrial chemical firm Luxchem Corporation Bhd (KL:LUXCHEM) is acquiring three plots of land in Klang for RM40.55 million to be developed in the future.
Parkson unit signs 20-year lease in China’s Sichuan province
Parkson Holdings Bhd (KL:PARKSON) said that its 54.97%-owned Hong Kong-listed subsidiary Parkson Retail Group Ltd (PRG) has inked a 20-year agreement to lease 4,801 sq m of commercial space in Mianyang City in China’s Sichuan province.
Avillion sees emergence of new shareholder Lim Chai Hock with 15% stake after private placement
Avillion, which has been loss-making for the past decade, said it has already begun implementing some of these initiatives and remains committed to navigating the challenging operating environment.
EPF ceases to be substantial shareholder in KIP REIT
The EPF had been gradually paring down its holdings since July 10.
