Ideal Capital plans two-for-one bonus issue
Property group Ideal Capital Bhd (KL:IDEAL) has proposed to undertake a bonus issue of one billion shares on the basis of two new shares for every one share held.
Property group Ideal Capital Bhd (KL:IDEAL) has proposed to undertake a bonus issue of one billion shares on the basis of two new shares for every one share held.
Amanah Hartanah Bumiputera (AHB) has declared an interim income distribution of 2.5 sen per unit for the six-month period ended March 31, 2026, amounting to a total payout of RM118.74 million to about 87,000 unitholders.
Inta Bina Group Bhd (KL:INTA) said on Wednesday it has won a RM32.41 million construction job at the Eco Ardence township near Setia Alam, Shah Alam.
Mayu Global Group Bhd (KL:MAYU) has acquired the remaining 20% stake in property arm Sunrise Manner Sdn Bhd (SMSB), making it a wholly-owned subsidiary.
The Penang Regional Development Authority (Perda) has launched the Phase 2 development of the Perda Halal Park in Tasek Gelugor, according to a statement on April 7.
Operators may incur higher electricity costs in Malaysia though preliminary analysis indicate that any rise would still be manageable.
The group announced that non-independent non-executive director Dr Lim Pang Kiam and executive director Lee Hai Peng tendered their resignations, effective immediately.
"Our priority now remains on execution and unlocking the value of the portfolio we have built."
Sunway failed to secure the conditional requirement of more than a 50% stake in IJM Corp, preventing it from moving forward with its takeover bid.
IJM Corp Bhd (KL:IJM) on Friday said any discussions Sunway Bhd (KL:SUNWAY) may have had with any of its shareholders prior to the announcement of Sunway's takeover bid were conducted without the knowledge or involvement of the IJM board or its management.