KUALA LUMPUR (Sept 27): Berjaya Land Bhd (BLand) has rectified its public shareholding spread in accordance with Bursa Malaysia’s approved minimum requirement of 20%, ahead of its Sept 30 deadline. In a bourse filing on Wednesday (Sept 27), BLand said its public shareholding spread stood at 20.09% as at Sept 26, 2023. The company added…
Read MoreKUALA LUMPUR (Sept 27): TWL Holdings Bhd has proposed to undertake a private placement of up to 10% of its issued shares to raise up to RM23.51 million, mainly to fund the group’s development costs of 715 units of affordable housing under the Rumah Selangorku scheme. In a bourse filing on Wednesday, the property development…
Read MoreKUALA LUMPUR (Sept 28): SPNB Aspirasi Sdn Bhd, a unit of national housing development company Syarikat Perumahan Negara Bhd (SPNB), has filed another lawsuit alleging fraud against SPNB’s former CEO and executive director Datuk Ahmad Azizi Ali — this time involving a service apartment project in Hulu Langat, Selangor. Also named as defendants in the…
Read MoreKUALA LUMPUR (Sept 27): IJM Land’s Avela Phase 17C homes at IJM Rimbayu, launched on Sept 11, has achieved a take-up of 42%, the developer said in a press statement on Tuesday (Sept 26). This third and final phase of Avela, Phase 17C, features 145 two-storey Type A Garden Homes that measure 30ft (feet) by…
Read MoreKUALA LUMPUR (Sept 26): Berjaya Corp Bhd (BCorp) has disposed of a 2.24% stake in Berjaya Land Bhd (BLand), ahead of its end-September deadline to comply with a public shareholding spread requirement of 20%. According to a bourse filing on Tuesday, BCorp disposed of 110 million shares in BLand held under Juara Sejati Sdn Bhd…
Read MoreKUALA LUMPUR (Sept 26): Ecoscience International Bhd has secured a RM38.02 million contract for the construction of a building and substation in Kerling, Selangor. According to a bourse filing on Tuesday, the company’s wholly-owned unit Ecoscience Manufacturing & Engineering Sdn Bhd has accepted the letter of award from Thens Architect, which issued the contract on…
Read MoreKUALA LUMPUR (Sept 27): Rapid urbanisation is happening, and it’s happening very fast. Up to 4.4 billion of the world’s population now live in cities, and the number of people is 26 million for Malaysia according to TPr Ts Norliza Hashim, URBANICE Malaysia chief executive officer, when presenting her paper titled “Urban Resilience: Challenges for…
Read MoreKUALA LUMPUR (Sept 27): Finology Group has successful closed of a pre-Series A funding round of an undisclosed amount. A media release by the fintech company stated that the round was led by Silverlake Group and “featured participation” from The Hive Southeast Asia, a recipient of the Dana Penjana Nasional programme under the purview of…
Read MoreKUALA LUMPUR (Sept 26): SPNB Aspirasi Sdn Bhd (SPNB Aspirasi), a wholly owned unit of national housing development company Syarikat Perumahan Negara Bhd (SPNB), has brought SPNB’s former CEO Datuk Ahmad Azizi Ali to court, alongside property developer Tunas Manja Development & Construction Sdn Bhd (TMDC) and 10 others on allegations of defrauding the government-owned…
Read MoreKUALA LUMPUR (Sept 26): Avaland Bhd inaugurated its sales gallery for Amika Residences, its latest project in Subang Jaya, last Saturday (Sept 23). In a press release issued on Tuesday, Avaland Bhd chief executive officer (CEO) Teh Heng Chong said the 3.5-acre, freehold Amika Residences is located immediately next to Alira Subang Jaya. The design of Amika…
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