Sunview also highlighted that the RM75 million impairment recognised in FY2025 relates to works completed under the Large Scale Solar 4 (LSS4) project for PKNP Reneuco Suria Sdn Bhd, a 95%-owned subsidiary of energy and utilities construction outfit Reneuco Bhd.
Gamuda Bhd (KL:GAMUDA), whose share price has gained 74.5% year to date, proposed a one-for-one bonus issue, involving an issuance of up to RM2.98 billion bonus shares.
Bank Negara Malaysia (BNM) has maintained the overnight policy rate (OPR) at 3% in its Monetary Policy Committee (MPC) meeting on Thursday.
Spanning across 880 acres (356.12 hectares) of freehold land, the RM4.2 billion industrial property development recently began construction.
The fair is expected to draw more than 250,000 visitors.
Kee was also a former managing director of NWP Holdings Bhd.
Penang-based Ivory Properties Group Bhd has aborted its plan to jointly develop residential components with ECK Development Sdn Bhd on 135 acres of land in AirportCity and Aerotropolis in Kuala Muda, Kedah.
With that, the planned "Horse Currency" issuance will now be undertaken through Lee’s private and charitable ventures, including his Labuan licenced Investment Bank and Golden Touch Investment Bank.
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