Ho Hup’s Low family ceases to be substantial shareholder
Ho Hup Construction Co Bhd’s (KL:HOHUP) founding Low family has ceased to be a substantial shareholder in the company amid a boardroom tussle.
Mudajaya secures promised properties as payment from disputed KL project
Mudajaya said that it had secured an order of specific performance for developer Crest Worldwide Resources Sdn Bhd to deliver vacant possession of the properties from the High Court under the civil suit on Oct 22.
Magna Prima takeover offer by largest shareholders turns unconditional
The takeover offer by Magna Prima Bhd’s (KL:MAGNA) largest shareholders—Datuk Seri Wong Sze Chien and managing director Seah Ley Hong—for the remaining shares in the company has turned unconditional, after their collective stake climbed above 50%.
Axis REIT declares 2.65 sen DPU as net property income jumps nearly 16%
Axis Real Estate Investment Trust (KL:AXREIT) declared a third interim distribution per unit (DPU) of 2.65 sen on Thursday, as it saw a 15.7% year-on-year jump in its third-quarter net property income (NPI), thanks to newly acquired assets and rental growth.
Omesti seeks to replace two Ho Hup directors with appointees
Ho Hup Construction Co Bhd (KL:HOHUP) said its substantial shareholder Omesti Holdings Bhd (KL:OMESTI) has sought an extraordinary general meeting (EGM) to replace two of the construction outfit’s directors with appointees.
HHRG plans two-for-five bonus issue of warrants
Proceeds to be raised would depend on the actual number of warrants exercised during the exercise period.
Ekovest, major shareholder Lim Kang Hoo extend deadline of proposed Credence Resources acquisition to Oct 29
The company has extended the deadline for the proposed acquisition several times, the most recent being on Sept 30, 2025.
HCK Capital to dispose of majority stake in Dengkil land for RM61m
HCK Capital Group Bhd (KL:HCK) is selling a majority stake in a company that owns land in Dengkil, Selangor for RM61 million in cash to streamline its business operations.
Gagasan Nadi gets nod for partial purchase of hostel management concession
Construction firm Gagasan Nadi Cergas Bhd (KL:NADIBHD) said it has received government approval to acquire only a majority stake, and not a 100% stake, in Konsortium PAE Sepakat Sdn Bhd (KPSSB), which owns a facility management concession for student hostel facilities in seven polytechnic campuses.
Bursa reprimands Ecobuilt, fines two ex-directors for delay in announcing winding-up order
Bursa Securities has publicly reprimanded Ecobuilt Holdings Bhd (KL:ECOHLDS) for the latter’s failure to make an immediate announcement and misrepresentation relating to a winding-up order last year.
