Page 17 - Development Sdn Bhd News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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 (Felda) bought 22 million shares in FGV Holdings Bhd in the open market yesterday for RM28.38 million as...

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 shareholders have given the property developer the greenlight to diversify into rubber glove manufacturing t...

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 of shares for the acquisition of the entire 100% equity interest in Optimal Property Management Sdn ...

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 government's decision to terminate the company's 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 Development Sdn Bhd (KAJD) said it was seeking justice as the state government had sought the return of ...

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,” the group said. “This will alleviate the financial burden of Perak Corp Group and enable the g...