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KUALA LUMPUR: Damansara Realty Bhd (DBhd) has obtained the Economic Planning Unit’s (EPU) approval for a land acquisition which is part of its proposed RM141.5mil settlement agreement with Johor Corp (JCorp), allowing it to reduce its net current liabilities and return its balance sheet to health.
KUALA LUMPUR: BHS Industries, Petronas Dagangan, Samchem Holdings, Mudajaya Group and Dialog Group are among stocks to watch on Monday, according to JF Apex.
KUALA LUMPUR: Langsat Terminal (Three) Sdn Bhd, a wholly-owned subsidiary of Dialog Terminals Sdn Bhd, will lease two parcels of land in Tanjung Langsat, Johor, for 30 years and purchase a tank terminal facility from Johor Corp for RM153mil.
Breakfast briefing: Wednesday, November 1
PETALING JAYA: A group controlled by Thailand’s third richest man, Charoen Sirivadhanabhakdi, is said to be looking at taking a substantial stake in the Kentucky Fried Chicken and Pizza Hut restaurant chain in Malaysia.
JOHOR BARU: Some 17,200 units of houses and shoplots are expected to be available in Bandar Dato’ Onn once development projects are completed by 2020.
JOHOR BARU: Johor continues to be a major foreign investment destination with four companies from Japan investing close to RM2bil in the Tanjung Langsat Industrial Park, near Pasir Gudang.