News in brief

Pharmaniaga Bhd’S entire issued and paid-up share capital, comprising 99,999,998 RM1 shares, will be transferred from the KLSE second board to the main board under the trading/services sector from 9am on March 13. 

The stock’s short name “Pharma” and number remained unchanged. – Bernama 

Ireka Corp Bhd told the KLSE that wholly-owned subsidiary Ireka Engineering & Construction Sdn Bhd had on March 5 accepted an award of works worth RM10mil from Damansara Entertainment Centre Sdn Bhd. The contract period shall be four months from the date of commencement. – Bernama 

Jaya Tiasa Holdings Bhd has announced the acquisition of several assets from Tiong Toh Siong & Sons Sdn Bhd, Rimbunan Hijau Sdn Bhd and Meli-Mujong Logging Sdn Bhd on Feb 7 for a total cash of RM4.15mil. The acquisitions would be financed by internally generated funds, the company said. – Bernama 

AMSTEEL CORP BHD'S unit Henrietta Rubber Estate Ltd has been given approval by the Securities Commission to sell 900.87 acres of freehold agricultural land in Perak for RM27.927mil. In a statement, the company said the proceeds raised would be used to repay bank borrowings. – AFX 

The stock’s short name “Pharma” and number remained unchanged. – Bernama