BAssets disposes of 0.48% stake in BCorp for RM8.24m
BAssets’s wholly owned unit BBright disposed an aggregate 19.16 million shares or a 0.33% stake in BCorp via direct business transactions over the past six months, for a total of RM5.59 million.
Tuju Setia names new CEO and COO to spearhead construction division
Tuju Setia Bhd, a construction group, has appointed Tee Huei Tsyr as its new chief executive officer and Seon Yen Kong as its new chief operating officer (COO).
Shah Alam City Council the biggest winner at Malaysian Low Carbon City Awards 2023
The Shah Alam City Council dominated the Malaysian Low Carbon City Awards 2023 by securing the highest number of accolades. A total of 23 of its developments received the Diamond Recognition for its achievements in reducing carbon emissions.
Spritzer inks JV agreement to develop housing project in Perak
Spritzer Bhd, the country's largest bottled water manufacturer, has entered a joint-venture (JV) agreement to develop a residential housing project in Perak's Larut Matang district, where the group is based.
Kumpulan Jetson minority shareholders making second attempt to remove incumbent board members
A group of minority shareholders, who claimed to own at least 10% stake in Kumpulan Jetson Bhd, are making a second attempt to call for an extraordinary general meeting to replace the group’s incumbent board of directors.
Gabungan AQRS set to rebound higher, says RHB Retail Research
RHB Retail Research said Gabungan AQRS Bhd is set to rebound higher above the 35 sen breakout level on stronger trading volume, following the recent pullback.
YTL Hospitality REIT’s acquisition of Syeun Hotel to boost NPI by 1% — AmInvestment
AmInvestment Bank Research expects YTL Hospitality REIT’s recent acquisition of Syeun Hotel in Ipoh to contribute a minimum net property income (NPI) of RM3.4 million to the group — representing only 1% of YTL REIT’s FY2024F NPI — based on a property yield of 6.1%, derived from the average property yield of its Malaysian assets.
Analysts keep call intact for KLCCP Stapled Group on earnings prospect; yield targets from 5.5%
Analysts tracking KLCCP Stapled Group anticipate a stable earnings trajectory for the group amid sustained robust tourist activities as well as a steady performance from the facilities management and office segments’ divisions.
LFE's wholly owned subsidiary secures RM11 mil earthworks contract from PDSB
LFE Corp Bhd has secured a RM10.97 million contract from Puncakcity Development Sdn Bhd (PDSB) for earthworks and related works.
Econpile bags contract for RM30m substructure works in Shah Alam
Econpile Holdings Bhd has secured a RM30 million contract to undertake substructure works for a 15-storey office building in Shah Alam.
