Binastra bags RM503 mil data centre job in KL
Binastra Corp Bhd (KL:BNASTRA) has secured a RM503 million contract for the proposed development of a data centre in Jalan Sri Permaisuri, Kuala Lumpur.
PNB to independently assess Sunway’s takeover bid for IJM, says Fadillah
Permodalan Nasional Bhd (PNB), one of the substantial shareholders of IJM Corporation Bhd (KL:IJM), will evaluate the takeover offer for the construction company before making any decision, Deputy Prime Minister Datuk Seri Fadillah Yusof said on Wednesday.
Lagenda Properties’ earnings growth about to speed up, says CGS International
Lagenda Properties Bhd (KL:LAGENDA) is about to see an acceleration in earnings over the next two years from robust demand for affordable homes, said CGS International.
Appellate court dismisses developer’s losses appeal over West Coast Expressway land acquisition
The Court of Appeal last week dismissed an appeal by a landowner-cum-developer for loss of profit/business disturbance following the acquisition of almost two acres of its 4.53 land in Klang for the construction the West Coast Expressway (WCE).
Sarawak Consolidated Industries cancels financing facilities after reassessing funding needs post-divestment
Sarawak Consolidated Industries Bhd (KL:SCIB) has cancelled its RM49 million financing facilities after the board determined that the facilities were no longer required following the group’s disposal of its indirect wholly owned unit SCIB Concrete Manufacturing Sdn Bhd (SCM).
AME Elite wins RM214m job to build test cell facility for KLIA Aeropolis
AME Elite Consortium Bhd (KL:AME) has secured a RM214.1 million contract from KLIA Aeropolis Sdn Bhd, a subsidiary of Malaysia Airports Holdings Bhd, to build the first phase of a specialised test cell facility in Sepang.
Billionaire Quek Leng Chan to privatise GuocoLand at RM1.10 per share via selective capital repayment
GuocoLand (Malaysia) Bhd's (KL:GUOCO) controlling shareholder GLL (Malaysia) Pte Ltd (GLLM) has submitted a proposal to the board to privatise the property arm of the Tan Sri Quek Leng Chan-controlled Hong Leong Group via a selective capital reduction and capital repayment exercise at RM1.10 per share.
Sentoria goes to court to cancel OCBC bank guarantees, files RM679 mil claim
Sentoria said the writ has yet to be served on OCBC Bank and is expected to be served within six months from the date of lodgement.
Builder-turned-blogger Koon Yew Yin passes away
Koon has also established scholarships and contributed generously to universities, including RM1 million annual student grant to Universiti Tunku Abdul Rahman, driven by his belief that education was the key to uplifting society.
IJM gets one-month extension to submit independent circular on Sunway's takeover bid
IJM is a takeover target of Sunway, which made an offer of 31.5 sen cash per IJM share plus 0.501 new Sunway shares which it will issue at RM5.65 apiece.
