News by M

LKL International Bhd through its wholly-owned subsidiary LKL Advance Metaltech Sdn Bhd (LKLAM), is selling a piece of freehold land in Seri Kembangan, Selangor, to 8 Food Avenue Sdn Bhd (Avenue) for RM6.9 million.

Ecobuilt Holdings Bhd’s wholly owned subsidiary Eko Bina Sdn Bhd has been awarded RM23.16 million after it obtained an adjudication decision in its favour in its case against Golden Wave Sdn Bhd.

RHB Retail Research said Iskandar Waterfront City Bhd is poised for a positive rebound after bouncing off the 21-day simple moving average line, testing the 67 sen immediate resistance level.

RHB Retail Research said Eastern & Oriental Bhd is set for an uptrend reversal after undergoing a breakout above the 59 sen level on Tuesday on improving trading volume above the 21-day simple moving average line.

Yong had been an integral part of Mid Valley City Sdn Bhd since 1999, initially joining as a member of the pre-opening retail development team.

“I think a lot of developers are looking at a price bracket of about RM500,000 to RM700,000, and thinking it’s a sellable product, but the statistics don’t really tell that story."

Majuperak, a 51.41%-owned subsidiary of the Perak State Development Corp, said its wholly-owned subsidiary, Syarikat Majuperak Bhd, is selling the property to Ladang Lekir Sdn Bhd, a wholly-owned subsidiary of Perak Agro Oil Palm Sdn Bhd, which in turn is a wholly-owned unit of PPPNP.

Thai-based hospitality management company ONYX Hospitality Group is expanding its Shama serviced apartment brand with five new properties in China, Malaysia and Thailand in 2024, to meet the increasing demand for serviced apartments in Asia.

Priceworth International Bhd has proposed to acquire a firm that owns properties suitable for the expansion of the group's existing timber businesses and shipyard operation in Sandakan, Sabah.

Impiana Hotel Bhd has changed its company name to Magma Group Bhd effective immediately, its Bursa Malaysia filing on Friday showed.