Fajarbaru to sell 44.44% stake in Australian property company
Construction company Fajarbaru Builder Group Bhd (KL:FAJAR) has proposed to dispose of its 44.44% stake in an Australian property development company in a related party transaction.
LBS Bina awards RM104 mil solar farm construction to Solarvest
Property developer LBS Bina Group Bhd (KL:LBS) has awarded renewable energy company Solarvest Holdings Bhd (KL:SLVEST) a contract to build a 43-MWp solar farm in Senawang, Negeri Sembilan, valued at RM104 million.
Ecomate to acquire factory, machinery in Muar to expand operations
Home furniture specialist Ecomate Holdings Bhd (KL:ECOMATE) has proposed to acquire a single-storey factory in Muar, Johor, along with machinery and components, from SWS Capital Bhd (KL:SWSCAP).
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Plenitude promotes CFO Ang Kooi Yong to CEO
Plenitude Bhd (KL:PLENITU) has appointed chief financial officer (CFO) Ang Kooi Yong as its new chief executive officer, effective immediately.
Magna Prima sees new substantial shareholders
On Sept 27, Edxus Solutions acquired 95 million shares or a 23.91% stake in Magna Prima via a direct business transaction, its filings with the stock exchange showed. However, the acquisition price was not disclosed.
Jati Tinggi secures RM50.87m underground cable installation job in Cyberjaya
The project is expected to span over 22 months.
TCS secures RM117m construction contract from S P Setia
It involves building and related infrastructure works for 561 units of affordable housing as part of the Setia Bayuemas project in Klang, Selangor.
Forest City incentives will help attract international capital, says Anwar
The recently announced incentives are expected to attract international capital to Forest City’s special financial zone (SFZ) and Johor, which is considered the country's new main growth engine, said Prime Minister Datuk Seri Anwar Ibrahim.
Johor finalising local transport network to support RTS integration, says MB
The Johor state government is in the midst of finalising a local transport network designed to complement the Johor Bahru-Singapore Rapid Transit System (RTS) Link.
PTT Synergy snaps up RM11m Sepang factory, land from Sime Darby Property
Integrated construction and property company PTT Synergy Bhd (KL:PTT) has acquired a semi-detached factory, together with a piece of land, in Sepang from Sime Darby Property Bhd (KL:SIMEPROP) for RM11 million.
