Mayu Global buys out Sunrise Manner stake after AMLA issue
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.
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.
Malaysia’s anti-graft agency has submitted investigation papers on the takeover of IJM Corporation Bhd (KL:IJM) to the Attorney General’s Chambers for further action.
A new contract proves that IJM Corporation Bhd (KL:IJM) could hold its own in the construction industry amid a takeover offer by a larger peer, analysts said.
Matrix Concepts Holdings Bhd (KL:MATRIX) has achieved a take-up rate of over 85% for the latest phase of its 1.5-storey semi-detached factories at MVV TechValley Biz Park during its pre-launch.