Two directors resign from YNH Property
YNH Property Bhd independent and non-executive directors Ching Nye Mi @ Chieng Ngie Chay, 75, and Ding Ming Hea, 59, have resigned from the property developer’s board, effective May 31.
Star Media rises 9% after related party deal with Matang snubbed by minorities
Shares of Star Media Group Bhd jumped as much as 9.5% in the evening session, after minority shareholders voted against a proposal to sell an industrial land, upon which factory buildings will be built, to Matang Bhd in a share and cash deal.
E&O's 4Q net profit dives 80% on-year on higher expenses
Eastern & Oriental Bhd’s net profit plunged 79.64% to RM16.09 million in the fourth quarter ended March 31, 2023 (4QFY2023), from RM79.02 million a year ago, amid a sharp increase of other expenses at RM120.51 million, from RM23.63 million a year before.
168 Park Selayang's Block A achieves 80% take-up rate; to launch Block B in 3Q2023
168 Park Selayang Sdn Bhd’s leasehold mixed development 168 Park Selayang located in Jalan Kuching, Kuala Lumpur, has achieved an 80% take-up rate for its Block A, since March 1, 2023.
Econpile bags project worth US$9.5m in Cambodia
Econpile Holdings Bhd has received a letter of acceptance worth US$9.5 million (RM43.77 million) for a project in Cambodia.
Star Media minority shareholders reject related party deal with Matang
Star Media Group Bhd shareholders have voted to reject its proposal to sell properties, consisting of factories and a warehouse in Shah Alam, to its sister company Matang Bhd for RM33 million in a share and cash deal.
Chin Hin Group’s 1Q net profit shrinks 24% to RM20.05 mil on higher tax expense
Chin Hin Group Bhd’s net profit fell 24% to RM20.05 million for the first quarter ended March 31, 2023 (1QFY2023) compared to RM26.26 million a year earlier (1QFY2022).
Apollo Food sells Johor vacant land for RM34m
Apollo Food Holdings Bhd’s unit has proposed to dispose of three vacant freehold parcels of land in Johor Bahru, Johor for RM33.87 million to Ha Teng Holdings Sdn Bhd.
Axis REIT sees slew of board changes
Axis Real Estate Investment Trust (Axis REIT) has made a slew of board changes as part of the trust's succession plan.
Vestland wins RM170 mil contract to build and design Subang SOHO project
Vestland Bhd has bagged an RM170 million design and build contract to undertake the main building and associated works for the small office home office (SOHO) and retail units in Subang Jaya.
