Meta Bright plans RM21m private placement to fund energy projects, working capital
The placement shares, totalling up to 253 million or 10% of the company’s share base, will be placed out to independent third-party investors.
Real estate executive Joseph Lau now Crest Builder’s second-largest shareholder
Datuk Joseph Lau, the head of the developer behind Desa ParkCity township, has emerged as the second largest shareholder of construction firm Crest Builder Holdings Bhd (KL:CRESBLD).
Sime Darby Property’s Andara achieves 85% take-up in Ara Damansara
Andara, which is Sime Darby Property Bhd’s final landed residential project in Ara Damansara, recorded an 85% take-up rate to date since its launch on April 27.
Hydroshoppe fails in contempt bid against Fahmi Fadzil, others in KL Tower dispute
A bid by the former operator of Kuala Lumpur Tower to institute contempt proceedings against Communications Minister Datuk Fahmi Fadzil and others was tossed out of court on Monday.
Ho Hup defaults on RM45.3 mil loan from AmBank Islamic
Ho Hup Construction Co Bhd (KL:HOHUP), which slipped into Practice Note 17 (PN17) status earlier in April, has defaulted on revolving credit facilities from AmBank Islamic Bhd amounting to RM45.3 million.
Gadang faces RM19 mil hit from termination of joint development in Cyberjaya
Gadang Holdings Bhd (KL:GADANG) announced it will allocate about RM19 million in additional costs for the financial year ending May 31, 2025 (FY2025), following the termination of an agreement to jointly develop a parcel of land in the Cyber 9 precinct of Cyberjaya with Cyberview Sdn Bhd.
Mitraland founder Chuah Theong Yee ceases to be substantial shareholder of Eonmetall
Mitraland Group founder Chuah Theong Yee has ceased to be a substantial shareholder in steel products maker Eonmetall Group Bhd (KL:EMETALL).
MACC seeks to forfeit billion-ringgit Ilham Tower owned by late Daim’s family—report
The Malaysian Anti-Corruption Commission (MACC) will apply to forfeit the 60-storey Ilham Tower, worth about a billion ringgit, owned by the late Tun Daim Zainuddin’s family, a report says.
Pavilion REIT prices private placement at RM1.40 apiece to raise some RM360m
Pavilion Real Estate Investment Trust (KL:PAVREIT) raised about RM360 million from a private placement of shares priced at RM1.40 per unit.
Na'imah to challenge Ilham Tower seizure in court, her lawyers say, accusing MACC of harassment
Toh Puan Na'imah Khalid, widow of the late former finance minister Tun Daim Zainuddin, will immediately challenge the Malaysian Anti-Corruption Commission’s (MACC) second seizure of Ilham Tower in court, said her lawyers.
