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Business

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Business news in brief.

Property

Sanichi buys Bangsar South building for RM46mil

PETALING JAYA: Sanichi Technology Bhd is acquiring a 12-storey building in Bangsar South, Kuala Lumpur, for RM46mil.

Corporate News

Bursa Securities queries Sanichi over sharp fall

KUALA LUMPUR: Bursa Malaysia Securities Bhd has queried Sanichi Technology Bhd on the sharp fall in price of the company’s shares recently.

Corporate News

Sanichi eyes higher order book via F&B ventures

KUALA LUMPUR: Sanichi Technology Bhd aims to secure an order book of RM500mil over the next five years with its latest venture into the food and beverage (F&B) business.

Corporate News

Sanichi to venture into remittance business

PETALING JAYA: Sanichi Technology Bhd plans to tap into cross-border money remittance business through its upcoming joint-venture (JV) with a publicly-listed Indonesian state-owned enterprise (SOE).

Business

Sanichi unit partners MNC in online rental service

KUALA LUMPUR: Sanichi Technology Bhd’s unit, Sanichi Property Sdn Bhd (SPSB) and MNC Wireless Bhd (MNC) have signed a memorandum of understanding (MoU) to provide online leasing, or short-term rental service, for SPSB's development project, Marina Point in Klebang, Melaka.

Business

PDZ set to get new major shareholder

Entry of new player expected to happen as Pelaburan Mara prepares to exit shipper