News Feed
SP Setia deal to buy I&P is fair and reasonable
In a Bursa Malaysia announcement yesterday, AHIB recommended that these shareholders vote in favour of the I&P acquisition and the subsequent rights issuance to raise funds.“After evaluating the key terms of the I&P sales and purchase agreement, we note that the key terms of the I&P SPA as a...
New routes and app for PJ City Bus service
Mohd Azizi (second from right), senior MBPJ staff and councillors trying out the electric version of the PJ City Bus. — NORAFIFI EHSAN/The StarPETALING Jaya City Council (MBPJ) will be adding two new routes covering Damansara Damai and Bandar Utama, and acquire at least 10 new buses, to expand...
MRCB rights issue oversubscribed
“The rights shares with rights warrants are expected to be listed on the Main Market of Bursa Securities on Nov 3,” it said. The rights shares were sold at 79 sen each.PETALING JAYA: Malaysian Resources Corp Bhd (MRCB) said its rights issue exercise has been oversubscribed.The company, in a...
Mah Sing launches campaign on affordable homes
KUALA LUMPUR: Mah Sing Group Berhad (Mah Sing) will be launching its ‘Reinvent Affordability’ campaign on Thursday, to serve as a key theme in its business plan to develop more affordably priced homes to cater to the market’s supply demand gap.The group, which started developing affordably...
SP Setia unveils new grocery market at KLEC mall
(Left to right) Marc Francois (Head of Fresh Market Operations and F&B Business Development of Jaya Grocer), Molly Loh (COO of Jaya Grocer) and Ling giving a thumbs up at the eventPETALING JAYA: SP Setia recently introduced “Bangsar Market by Jaya Grocer”, which will be opened for business at...
IFCA MSC embarks on transformational programme
Ace-market listed ifca sets eyes on prop-tech to create new avenues of growthPETALING JAYA: IFCA MSC Bhd has embarked on a transformational programme known as IFCA 2.0 to strengthen positive growth rates for the next few years.Launching the maiden IFCA 2.0 roadshow, themed “Beyond 2017. Beyond...
Sime Darby Property hands over RMMJ to purchasers
Sime Darby Property hands over RMMJ to purchasersPETALING JAYA: Sime Darby Property Bhd has handed over affordable homes and shops under the Rumah Mampu Milik Johor (RMMJ) scheme to purchasers at Taman Pasir Putih recently. The development, the first RMMJ project for Sime Darby Property, was...
Plans to build more link roads in KL
(From fifth left) Kuala Lumpur mayor Tan Sri Mohd Amin Nordin Abdul Aziz, Federal Territories Ministry secretary-general Datuk Seri Adnan Md Ikhsan, Bandar Tun Razak Barisan Nasional chairman Datuk Chew Yin Keen and Tengku Adnan launching the new road that connects Taman Desa Petaling with...
City Hall: KL to have its first dedicated bicycle lane
KUALA LUMPUR: The first-ever dedicated bicycle lane will be implemented here soon, stretching for 3km in the heart of the city.The route will connect Menara DBKL 1 on Jalan Raja Laut to Menara DBKL 3, Bandar Wawasan, on Jalan Raja Abdullah.Kuala Lumpur City Hall senior deputy director (civil...
Top Glove founder Lim Wee Chai joins Tropicana
Tan Sri Dr Lim Wee ChaiKUALA LUMPUR: Tropicana Corp Bhd has appointed Tan Sri Dr Lim Wee Chai, who is Top Glove Corp Bhd executive chairman, as its non-executive deputy chairman. Lim’s appointment was effective Tuesday, the property developer said in a statement.Prior to joining Tropicana, Lim,...