Chin Hin Group seeking to raise up to RM500m via perpetual MTN
Chin Hin Group Bhd has filed its establishment of a perpetual medium-term note (MTN), in a bid to raise up to RM500 million, with the Securities Commission Malaysia (SC).
Highway concessionaires to retain toll collection rights despite MLFF project development, says Nanta
Works Minister Datuk Seri Alexander Nanta Linggi has confirmed that existing highway concessionaires will still have the rights to collect toll charges as per agreements with the government that are still in force, despite the development of the multi-lane free-flow (MLFF) project by a private firm.
Analysts maintain 'buy' on Gamuda, expect strong quarters ahead on high order book, unbilled sales
Market watchers have maintained their "buy" ratings on Gamuda Bhd, as they expect the engineering and construction group to deliver strong quarters ahead for the financial year ending July 31, 2024 (FY2024), on the back of a record-high order book and unbilled sales.
Ten-acre TRX City Park opens to public
The TRX City Park officially opened to the public last Wednesday (Nov 29).
Gamuda records RM195 mil net profit in 1QFY2024
Gamuda Bhd recorded a net profit of RM195.04 million in the first quarter ended Oct 31, 2023 (1QFY2024), compared to RM1.168 billion a year ago.
Gamuda bags RM1.77 bil Singapore MRT project
Gamuda Bhd’s Singapore branch (GBSG), an operating unit of the group, has secured a S$509.568 million (RM1.77 billion) design and construction contract for the West Coast station and tunnel.
IOI Properties to buy W Kuala Lumpur hotel from Tropicana for RM270 mil cash
Property developer IOI Properties Group Bhd plans to acquire five-star hotel W Kuala Lumpur (W KL) in Jalan Ampang, KL for RM270 million, cash, from property group Tropicana Corp Bhd.
Eddie Ong buys into Hektar REIT, says no plan to merge with KIP REIT for now
Agrochemical businessman Datuk Eddie Ong Choo Meng has emerged as a substantial shareholder in Hektar Real Estate Investment Trust (Hektar REIT), after acquiring a 28.462% stake, or 143.9 million shares, in the company.
Crest Builder says UiTM concession company still has 11-year maintenance works contract remaining
UniTapah Sdn Bhd, in which Crest Builder Holdings Bhd is buying the remaining 49% stake for RM43.61 million, has 11 years remaining on its maintenance works contract for the UiTM campus in Tapah, Perak.
MyEG inks deal with PDC to develop RM108m foreign workers' village
MyEG Lodging (NC) Sdn Bhd, a subsidiary of e-government service provider MyEG Services Bhd, has signed a 30-year lease agreement with Penang Development Corp (PDC) to develop a foreign workers' village project worth RM108 million.
