Scomi Group Bhd surprised investors when it proposed to revise its current issued share capital reduction from RM224.96mil to RM3mil from the earlier RM40mil.
PETALING JAYA: Amcorp Properties Bhd’s unit is forming a joint-venture (JV) company with SRIF Pte Ltd and an endowment fund deemed to be established under Nanyang Technological University in a strategic move to expand its footprint into Singapore.
In its filing with Bursa Malaysia, Amcorp said its wholly owned subsidiary – Amprop Synergy – had entered into a JV agreement in respect of a JV company known as SRIF Amcorp Pte Ltd to acquire an interest in a commercial property in Tampines, Singapore.
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