News in brief

  • Mega First Corp Bhd's subsidiary Idaman Harmoni Sdn Bhd has proposed to acquire three plots of land measuring 14,846 sq metres in Petaling Jaya, Selangor for RM18mil cash. 

    “The proposed acquisitions represent an opportunity for Mega First to acquire valuable piece of commercial land strategically located in an area with good potential for development,” the company told the KLSE. 

  • Landmarks Bhd's wholly-owned subsidiary Sungei Wang Plaza Sdn Bhd has proposed to issue RM213mil nominal value redeemable secured serial bonds to retire its RM220mil loan. 

    “The shortfall of RM7mil and balance of the estimated expenses would be sourced from Sungei Wang's designated accounts,’’ the company told the KLSE. 

    The exercise was undertaken to take advantage of the favourable interest rate. 

  • Article type: metered
    User Type: anonymous web
    User Status:
    Campaign ID: 1
    Cxense type: free
    User access status: 3

    Did you find this article insightful?


    Next In Business News

    Depressed US dollar plumbs lowest levels in nearly 3 months, FOMC minutes awaited
    UMW Q3 net profit slips to RM101mil
    GDex to expand warehouses, distribution centres and fleet
    MPI registers 50% jump in Q1 net profit�
    Top Glove sees demand doubling when vaccines ready by year-end
    MMC Corp posts lower earnings in Q3�
    Higher retail margin lifts AEON earnings in Q3
    Prestar’s 3Q net profit jumps 132% to RM5.2mil
    Builder IJM sees encouraging outlook after improved Q2 results�
    KLCI bounces back, Public Bank, Telekom advance

    Stories You'll Enjoy