Salcon Bhd News Today

KUALA LUMPUR: Star Media Group Bhd (SMG) has appointed Chan Seng Fatt as group chief executive officer effective March 1, 2024.

Salcon Bhd, via its indirect wholly- -owned subsidiary Nusantara Megajuta Sdn Bhd, has entered into a joint venture agreement (JVA) with Exsim Kebun Teh Sdn Bhd to develop serviced apartments and retail units on two parcels of land measuring a total 51,476.2 sq m (12.72 acres) of leasehold land. In a bourse filing on Friday, Salcon said the land, which is currently charged to HSBC Bank Malaysia Bhd, has a net book value of RM108.83 million based on its latest audited financial statements as at D...

KUALA LUMPUR: Salcon Bhd's indirect subsidiary Nusantara Megajuta Sdn Bhd (NMSB) today entered into a joint venture (JV) agreement with Exsim Kebun Teh Sdn Bhd (ETKSB) for the development of two pieces of land in Johor Bahru.

PETALING JAYA: EA Technique (M) Bhd will see Tan Sri Abdul Rashid Abdul Manaf via Eco Offshore Services Sdn Bhd taking a 53% eqity stake in the company for RM53mil.

KUALA LUMPUR: Salcon Bhd has bagged a contract worth RM209.95mil from Pengurusan Aset Air Bhd (PAAB) for the proposed development of Langat 2 water treatment plant and water reticulation system in Selangor.

TWO years ago, as medical glove prices skyrocketed to astronomical levels during the early months of the Covid-19 pandemic, a slew of companies in various industries announced their intent to venture into the business either via starting a new manufacturing plant, buying an existing glove maker, or adding a rubber glove trading unit.

Salcon Bhd’s wholly-owned subsidiary Salcon Engineering Bhd (SEB) has inked a memorandum of understanding (MoU) with Berjaya Infrastructure Sdn Bhd (BISB) to jointly pool their resources to undertake selected infrastructure projects within and outside Malaysia.

Based on corporate announcements and news flow on Wednesday, companies in focus on Thursday (Oct 28) may include: Glomac Bhd, Malayan Banking Bhd (Maybank), IOI Corp Bhd, Salcon Bhd, Samchem Holdings Bhd, Tasco Bhd, Gadang Holdings Bhd, K-One Technology Bhd, TDM Bhd, Kanger International Bhd, Sime Darby Bhd, Sime Darby Property Bhd and REDtone Digital Bhd

The stocks with positive momentum were: Axiata Group Bhd — up 36 sen at RM4.16 REDtone Digital Bhd — up three sen at 45 sen The stocks with negative momentum were: ALCOM Group Bhd — up 11 sen at 90 sen Chin Well Holdings Bhd — up five sen at RM1.31 Kim Hin Industry Bhd — up eight sen at 98 sen PWF Corporation Bhd — up two sen at 67 sen Salcon Bhd — up half a sen at 25 sen Sarawak Plantation Bhd — up four sen at RM2.40 SYF Resources Bhd — down 1.5 sen at 42 sen The list of sto...

KUALA LUMPUR (Dec 18): Shares and warrants in infrastructure group Taliworks Corp Bhd rose today after Pengurusan Air Selangor Sdn Bhd (Air Selangor) said it will call for tenders for the first phase of the Rasau water treatment plant valued at about RM4 billion next year. Taliworks rose as much as 10.5 sen or 13.04% to 91 sen this morning. At 10.59 am, it had pared some gains at 87.5 sen, still up by seven sen or 8.7%. Meanwhile, its warrant TALIWRK-CF  soared as much as seven sen or 280% t...