Page 9 - Development Sdn Bhd News Today

KUALA LUMPUR (Jan 14): Based on corporate announcements and news flow today, stocks that may be in focus tomorrow (Jan 15) include: FGV Holdings Bhd, TA Enterprise Bhd, AirAsia X Bhd (AAX), Pharmaniaga Bhd, Boustead Heavy Industries Corp Bhd (BHIC), See Hup Consolidated Bhd, Tek Seng Holdings Bhd, JCY International Bhd, George Kent (Malaysia) Bhd, Dayang Enterprise Holdings Bhd, Red Ideas Holdings Bhd, Jiankun International Bhd and Perak Transit Bhd. The Federal Land Development Authority (Feld...

KUALA LUMPUR (Dec 21): Based on corporate announcements and news flow today, companies that may be in focus tomorrow (Dec 22) may include: Mah Sing Group Bhd, Panasonic Manufacturing Malaysia Bhd, Bintai Kinden Corp Bhd, Kejuruteraan Asastera Bhd, Puncak Niaga Holdings Bhd, Greatech Technology Bhd, RHB Bank Bhd, Yi-Lai Bhd, Supermax Corp Bhd, Karex Bhd, ATA IMS Bhd, Fintec Global Bhd, Aeon Credit Service (M) Bhd, Gamuda Bhd, Versatile Creative Bhd and Deleum Bhd. Mah Sing Group Bhd’s sharehol...

KUALA LUMPUR (Dec 21): The second largest shareholder of Bintai Kinden Corp Bhd, whose share price has seen a roller-coaster ride this year, has sold its entire stake of 50.03 million shares or 14.4% interest in the engineering and construction group. Nusankota Development Sdn Bhd disposed of its stake in the open market on Dec 16, according to a filing with Bursa Malaysia. Nusankota Development acquired the stake for RM10.01 million back in March 2017, through a share swap by way of allotment ...

Developer sues over Melaka Gateway termination Published Modified18 Dec 2020, 8:53 am A - The developer of the Melaka Gateway project has filed a judicial review over the Malacca governments decision to terminate the companys land reclamation concession for the project. The Melaka Gateway is a yet-to-be-completed waterfront megaproject involving three islands located off the old part of Malacca city, which was launched by then prime minister Najib Abdul Razak in 2014. In a statement, KAJ Develo...

KUALA LUMPUR (Dec 17): Perak Corp Bhd has proposed a scheme of arrangement with its creditors that includes cash settlements worth over RM220 million, issuance of shares worth over RM30 million and a debt waiver amounting to RM544.55 million.  "The proposed scheme of arrangement is a comprehensive proposal aimed at resuscitating the financial viability of Perak Corp Group by restructuring the repayment of indebtedness due to the scheme creditors and the consequential interest servicing burden,...

channel for the latest stories and updates. The developer of the RM43 billion Melaka Gateway project has filed a lawsuit against the Melaka state government for terminating their contract in October 2020. What you need to know: KAJ Development is the master developer of the Melaka Gateway project and holds the concession to reclaim and develop three islands spanning 246 hectares- two of which will be man-made. The development comprises 12 precincts including residential, commercial, cultural, ...