E&O bullish on Penang as it eyes RM1b property sales in FY2025
Eastern & Oriental Bhd (KL:E&O) is bullish on the Penang market, where it is based, and anticipates better property sales in its current financial year ending March 31, 2025 (FY2025).
Kerjaya Prospek secures RM275m construction contract in Penang
The project is scheduled for completion within 38 months.
TSH Resources' Kalimantan land disposal downsized to RM447m
TSH Resources Bhd’s (KL:TSH) land sales, which would have fetched roughly 2.43 trillion Indonesian rupiah (RM731.09 million), in North Kalimantan have been downsized to RM447.17 million.
Infineon to invest additional RM30b to expand Kulim facility
German semiconductor giant Infineon Technologies AG will invest an additional €5 billion (RM30.1 billion) in constructing the world’s largest 200-millimetre silicon carbide power fabrication plant in Kedah.
Paragon Globe sells more of Johor land it bought last year to data centre company for RM98.98m
Johor-based developer Paragon Globe Bhd (KL:PGLOBE) is selling more of a big plot of freehold land it had just bought in Plentong, Johor Bahru, to Bridge Data Centres Malaysia IV Sdn Bhd.
Yong Tai sells Courtyard by Marriott Melaka for RM160m, proposes special issue to raise RM57m
Tourism-related property developer Yong Tai Bhd (KL:YONGTAI) said on Wednesday that it is selling its five-star hotel Courtyard by Marriott Melaka for RM160 million.
Ekovest disposes of more land in KL in related party transaction
Ekovest's non-independent and non-executive director Tan Sri Lim Keng Cheng is a major shareholder and director of LSHHSB with a 25% stake.
Crescendo proposes three-to-one share split
As of July 3, the issued share capital of Crescendo was 280.46 million including 1.04 million treasury shares.
Eversendai seals Abu Dhabi-based partner to supply steel beams for Trojena Ski Village project
Eversendai Corp Bhd (KL:SENDAI) has teamed up with a unit of Abu Dhabi-based Emirates Steel Arkan Group (ESA), for the development of the Trojena Ski Village project in Saudi Arabia.
Ingenieur Gudang reports higher 2Q profit on disposal gain, higher construction revenue
Construction company Ingenieur Gudang Bhd (KL:INGENIEU) reported a net profit of RM6.48 million for the second quarter of its financial year 2024 (2QFY2024), driven by gains from asset disposals and higher construction revenue.
