Encorp suspends group CEO to facilitate internal probe after MACC allegations
The company did not reveal the details of the allegations, but it confirmed that three of its officers were arrested by the MACC on August 8.
PN17 company Zelan fills CEO post after one year
Mohd Ariff has over 18 years of experience in key positions of internal audit, accounts and reporting, and business planning and budgeting in the oil and energy industry.
Kitacon bags RM111.23 mil contract to build factories in Klang
Kumpulan Kitacon Bhd (KL:KITACON) has secured a contract worth RM111.23 million for the construction of factories and industrial facilities in Klang, Selangor.
Maybank IB: Proposed Carey Island port city development to benefit SD Guthrie, with land estimated to be worth RM7.1b
The proposed development of a port city on Carey Island could significantly boost the land value of SD Guthrie Bhd (KL:SDG), formerly known as Sime Darby Plantation Bhd, over time to the tune of RM7.1 billion, according to Maybank Investment Bank (Maybank IB).
Jiankun International to raise some RM4m mainly to pay staff salaries
Loss-making property developer and builder Jiankun International Bhd (KL:JIANKUN) is seeking to raise up to RM3.86 million via a private placement of shares at an issue price to be determined later.
UEM Sunrise collaborates with social enterprises for ‘Waste to Wonder’ community programme
UEM Sunrise Bhd (KL:UEMS) collaborated with social enterprises under the Ministry of Entrepreneur and Cooperatives Development to hold a ‘Waste to Wonder’ community programme in July, according to a press statement on Friday.
Mitrajaya wins RM152m construction contract
Construction firm Mitrajaya Holdings Bhd (KL:MITRA) said on Friday it has won a job worth RM151.99 million from the Northern Corridor Implementation Authority.
TSH Resources' Kalimantan land disposal downsized to RM447m
TSH Resources Bhd’s (KL:TSH) land sales, which would have fetched roughly 2.43 trillion Indonesian rupiah (RM731.09 million), in North Kalimantan have been downsized to RM447.17 million.
Analysts trim Sentral REIT earnings forecasts on lower occupancy, but flag attractive yield
Analysts have trimmed their earnings forecasts for Sentral REIT (KL:SENTRAL), following a lease expiry at Menara Shell in May, but see limited downside risk to occupancy rates in the medium term.
MK Land reaches settlement with tax authority, shrinking final bill by 85%
MK Land Holdings Bhd (KL:MKLAND) said on Thursday it has reached a settlement with the tax authority that would cut the additional bills and penalty imposed on its unit by nearly 85%.
