KL Tower to reopen tomorrow after restoration works
Kuala Lumpur Tower will reopen on Saturday, April 26, under new management, with ticket prices rising for international visitors and dropping by nearly 30% for locals at the Sky Deck.
Three banks underwrite the entire retail portion of Main Market-bound Paradigm REIT
Maybank Investment Bank, CGS International and AmInvestment Bank will jointly underwrite the entire retail portion of Paradigm Real Estate Investment Trust’s (REIT) initial public offering, covering up to 254.66 million units as it prepares to list on the Main Market.
Sunway Hospitality Group appoints Alex Castaldi as CEO
Castaldi joined Sunway in 2017 as general manager of The Banjaran Hotsprings Retreat.
Kerjaya Prospek's stock bounces after job win, analysts see buoyant earnings ahead
The job could produce about RM29 million net profit over the next three years based on its usual margins, analysts said.
Southern Score sets sights on transfer to Main Market
Construction group Southern Score Builders Bhd (KL:SSB8) is eyeing a transfer of listing from the ACE Market to the Main Market of Bursa Malaysia.
Nestcon bags RM228m construction contract in KL
Nestcon Builders Sdn Bhd, a wholly-owned subsidiary of construction outfit Nestcon Bhd (KL:NESTCON), has secured a construction contract worth RM228.30 million from Paramount Property (Cityview) Sdn Bhd.
Malton inks MOU with Shenzhen Apexls to incorporate advanced LED tech into Malaysia property projects
Property developer Malton Bhd (KL:MALTON) entered into a memorandum of understanding (MOU) with Shenzhen Apexls Optoelectronic Co Ltd, a China-based manufacturer of LED displays, to incorporate advanced LED technology into its Malaysian property developments.
Binastra anticipates further growth after 63% profit surge in 4Q, declares first dividend in seven years
Construction company Binastra Corp Bhd (KL:BNASTRA) reported a 63.2% year-on-year jump in its fourth quarter net profit, as revenue surged 73.9% on higher construction activities and the commencement of 12 new projects during the financial year. The group also declared its first dividend in seven years.
AME REIT to acquire three industrial properties from AME Elite for RM100.8m
The properties are located in AME Elite’s industrial parks — one of them in i-Park @ Senai Airport City (priced at RM39.3 million) and the other two in i-TechValley at Southern Industrial Logistic Clusters (RM30.8 million each).
Advancecon gets RM56.6m infrastructure works contract
The contract is expected to be completed within 10 months.
