Noteworthy:
When: April 2024
Under the subcontract, Varia will supply labour, plants, materials, equipment, tools, transport, temporary works and ancillary needed to build a sewage treatment plant in Penang.
The certification criteria include the thermal performance of the building envelope, natural and mechanical ventilation, application of renewable energy, and other energy-efficient practices and features.
The group said its total net assets surpassed RM10.8 billion.
Forbes said Allgreen’s Valerian Residential placed the highest bid of S$730 million (US$544 million/RM2.537 billion) for the 99-year leasehold site on Zion Road, about three kilometres south of Orchard Road.
As of July 3, the issued share capital of Crescendo was 280.46 million including 1.04 million treasury shares.
With a gross development value of RM1.6 billion, GIM features three towers with a total of 1,885 serviced apartments and hotel rooms, as well as a retail space of 17,800 sq ft.
The offer price represents a premium of 28% from the last closing price.
Eversendai Corp Bhd (KL:SENDAI) has teamed up with a unit of Abu Dhabi-based Emirates Steel Arkan Group (ESA), for the development of the Trojena Ski Village project in Saudi Arabia.
Genting Plantations Bhd’s (KL:GENP) recent acquisition of land in Bogor, Greater Jakarta, will increase its estimated end-FY2025 net debt of RM1.23 billion (22% net gearing) to RM1.58 billion (29% net gearing), which remains manageable.
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