Sunway's ongoing takeover offer for IJM under MACC investigation, says Azam Baki
Malaysia’s anti-graft agency said it has opened an investigation paper linked to Sunway Bhd’s (KL:SUNWAY) ongoing takeover offer for IJM Corp Bhd (KL:IJM).
TA Global launches Tower B of Amaya Residences
TA Global Bhd officially unveiled Tower B of Amaya Residences in Bandar Sri Damansara, Selangor on March 1, following an 80% take-up rate for Tower A of the development.
Loke says LRT3 contractor may face over RM475m penalties, vows accountability over delays
Light Rail Transit 3 (LRT3)’s main contractor could face penalties of more than RM475 million due to project delays, Transport Minister Anthony Loke said.
Rivertree enters into a RM600m related-party deal to build labour quarters
Rivertree STF Synergies Bhd (KL:RSSB), formerly known as Sinmah Capital Bhd, has entered into a heads of agreement (HOA) to collaborate on the design, construction and operation of up to four centralised labour quarters (CLQs) in the Klang Valley, with a total indicative value of RM600 million.
Gadang to acquire Johor Bahru land from Ekovest for RM75.5 mil
Gadang Holdings Bhd (KL:GADANG) is buying an 11.18-acre parcel of land in Johor Bahru for RM75.48 million from a unit of Ekovest Bhd (KL:EKOVEST).
Jiankun says director automatically removed over board meeting absences
The office of non-executive and non-independent director Datuk Yong Chong Long has been vacated, effective Monday, pursuant to Paragraph 15.05(3)(c) of the Main Market Listing Requirements, the loss-making property developer and builder said in a bourse filing.
Shangri-La managing director Christopher Phong to step down on March 31
Shangri-La Hotels (M) Bhd announced that managing director Christopher Phong Siew San will resign, effective March 31, according to a bourse filing on Monday.
GenM president Lee Choong Yan now senior adviser, to be redesignated as non-executive director in May
Genting Malaysia Bhd said its long-time president Datuk Seri Lee Choong Yan has been redesignated as a senior adviser, and is slated to step down from the new role in May.
EXSIM Hospitality secures RM55m water park contract
EXSIM Hospitality said the contract is expected to contribute positively to its net assets per share, earnings and gearing throughout the contract period.
Glomac COO Zulkifly Garib retires
Glomac Bhd (KL:GLOMAC) has announced the retirement of Zulkifly Garib as chief operating officer—operations, effective last Friday (Feb 27).
