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Taking Perak Corp private, offers RM3.90 per share
KUALA LUMPUR: Perbadanan Kemajuan Negeri Perak (PKNP) intends to privatise Perak Corp Bhd via a selective capital reduction (SCR) and repayment totalling RM183mil or RM3.90 per share.
Perak Corp urged to reconsider decision to accept TNB’s offer
PETALING JAYA: Integrax co-founder and deputy chairman Amin Halim Rasip has urged Perak Corp Bhd’s board to reconsider its decision to accept the offer from Tenaga Nasional Bhd (TNB) for its 15.74% stake in Integrax Bhd.
Perak Corp gets nod to sell Integrax stake to TNB
IPOH: Perak Corp Bhd has received approval from its shareholders to sell the entire 15.74% stake in Integrax Bhd to Tenaga Nasional Bhd (TNB) for RM3.25 a share.
Perak Transit terminal on track
PETALING JAYA: Perak Transit Bhd is on track to start the operation of its new 12-storey integrated public transportation terminal in Kampar, Perak, said managing director Datuk Seri Cheong Kong Fitt.
Perak Corp share price up 7% on proposed privatisation deal
PETALING JAYA: Perak Corp Bhd saw its shares rise as much as 7% yesterday, following a takeover mooted by its owners, indicating minorities are in favour of the deal.
Perak MB directs PKNP to reject Perak Corp's proposed directors fees
IPOH: Menteri Besar Ahmad Faizal Azumu has reiterated his directive for the Perak State Development Corporation (PKNP) to reject Perak Corp Bhd's (PCB) proposal on directors' fees and remunerations.
Perak Transit buys Kinta land for bus terminal
PETALING JAYA: Perak-based bus company Perak Transit Bhd’s (PTrans) subsidiary, The Combined Bus Services Sdn Bhd, is buying two parcels of leasehold land in the Kinta district of Perak for RM7.97mil.
Perak Corp says unable to amend EGM resolution
PETALING JAYA: Perak Corp Bhd said in a statement that it was unable to meet Amin Halim Rasip’s request to amend a resolution to be tabled at an EGM today due to the short notice.
Perak Corp unit to boost property sector
IPOH: Perak Corp Bhd subsidiary PCB Development Sdn Bhd (PCBD) has inked a memorandum of understanding (MoU) with Cycleworld Global Sdn Bhd, Asia’s main manufacturer of structural polyurethane panels, to further boost the property sector in the state.
Perak Corp, Rapat Setia to develop gated project
KUALA LUMPUR: Perak Corp Bhd’s wholly-owned subsidiary, PCB Development Sdn Bhd (PCBD) has inked an agreement with Rapat Setia Sdn Bhd (RSSB) to develop a piece of land into a gated and guarded housing development in Bandar Meru Raya, Hulu Kinta, Perak.
