Berjaya Land Bhd (KL:BJLAND) said the group is divesting its entire 80% stake in a company undertaking a mixed-use development in Hanoi, Vietnam for 1.239 trillion dong (RM201.96 million) in cash.
Binastra Corporation Bhd’s (KL:BNASTRA) RM268 million apartment construction job win from new client TNJ Development Sdn Bhd adds to ongoing efforts to diversify beyond its three core recurring customers, said analysts.
Tower Real Estate Investment Trust (KL:TWRREIT), the REIT arm of the Hong Leong Group, announced that Martin Kung Boon Keat, the CEO of its REIT manager GLM REIT Management Sdn Bhd, will step down from his post on June 12, 2025.
Vizione Holdings Bhd (KL:VIZIONE) said a RM490 million contract for the construction of apartments in Sabah awarded to the group by Permaju Industries Bhd (KL:PERMAJU) has been terminated.
East Malaysia-based consumer goods distributor Kim Teck Cheong Consolidated Bhd (KL:KTC) said it is acquiring 15.15 acres of land in Kota Kinabalu to develop a regional distribution and warehouse hub.
Property developer Bertam Alliance Bhd (KL:BERTAM) is set to exit Bursa Malaysia's Practice Note 17 (PN17) category for financially distressed companies on Thursday (June 12), after being in the status for seven years.
A developer of data centres planned in the Johor-Singapore Special Economic Zone (JS-SEZ) has secured RM15 billion in financing from a group of lenders.
Noteworthy:
When: January 2025
Binastra Corporation Bhd (KL:BNASTRA) on Wednesday said it has secured a contract worth RM268 million to build serviced apartments.
Lulu Group is shutting down its hypermarkets in Malaysia, while keeping its wholesale division in the country.
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