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KUALA LUMPUR: PLB Engineering Bhd's wholly-owned subsidiary, PLB Land Sdn Bhd, is disposing of five parcels of vacant freehold land at Jarak Atas, Tasik Gelugor, in Penang for RM48mil to repay bank debts and improve its cash flow.
KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
PETALING JAYA: PLB Engineering Berhad (PLB), via its subsidiary PLB Terang Sdn Bhd (PLBTSB) had signed a share sale agreement to dispose of its 60% stake in PLB Green Solar Sdn Bhd (PLBGS).
PLB Engineering Bhd’s external auditors Messrs Grant Thornton Malaysia PLT have expressed a material uncertainty related to going concern of the company and its subsidiary from the audited financial statement for the financial year ended Aug 31, 2023.
PETALING JAYA: PLB Engineering Bhd’s wholly owned subsidiary, PLB Land Sdn Bhd, has entered into a sale and purchase agreement (SPA) with Milenium Baru Sdn Bhd for the disposal of two vacant plots of land for RM26.21mil.
PLB Engineering Bhd (PLB), via its subsidiary PLB Terang Sdn Bhd (PLBTSB), has signed a share sale agreement to dispose of its 60% stake in PLB Green Solar Sdn Bhd (PLBGS).
KUALA LUMPUR: JF Apex Research expects PLB Engineering Bhd, Rhone Ma Holdings Bhd, Axiata Group Bhd and Telekom Malaysia Bhd to be among the stocks to watch on Monday.
KUALA LUMPUR: Stocks to watch on Monday include PLB Engineering Bhd, Scomi Group Bhd, Tex Cycle Technology (M) Bhd, Gamuda Bhd, AirAsia Group Bhd and AirAsia X Bhd, according to JF Apex Research.
KUALA LUMPUR: Recent orporate announcements could spur trading interest in YTL REIT, KLCCP, Carlsberg, MNRB, Rexit, One Glove, Ranhill, PLB, ITMAX, Econpile and Steel Hawk, said Apex Securities Research.
GEORGE TOWN: The proposed land reclamation off Karpal Singh Drive and the rehabilitation of the adjacent Jelutong landfill will strictly avoid encroaching into the ecologically sensitive Middle Bank marine sanctuary, says Penang Chief Minister Chow Kon Yeow.
KUALA LUMPUR: JF Apex Research expects Supermax Corp Bhd, Lion Industries Corp Bhd, Sunway Construction Group Bhd (SunCon), PLB Engineering Bhd, Straits Inter Logistics Bhd and ELK-Desa Resources Bhd to be among the stocks to watch on Wednesday.
KUALA LUMPUR: PLB Engineering Bhd said a subsidiary is planning to start a municipal solid waste to energy plant in Penang.
KUALA LUMPUR: PLB Engineering Bhd said its subsidiary is planning to start a municipal solid waste-to-energy plant in Penang.
GEORGE TOWN: Four years have passed, and there is still no sign of progress on the RM1bil Jelutong landfill rehabilitation and development project.
AFTER a decade of waiting, the state is one step closer to transforming the Jelutong landfill into the latest piece of prime coastal real estate on Penang island.
GEORGE TOWN: The state government does not plan to gazette the Middle Bank marine sanctuary, says Penang local government, town and country planning committee chairman Jason H'ng Mooi Lye.
JAWI assemblyman H’ng Mooi Lye, the new Penang local government, town and country planning committee chairman, has a to-do list crammed with urgent priorities.
HONG KONG (China Daily/Asia News Network): The Hong Kong Special Administrative Region government plans to import over 10,000 workers to address the severe manpower shortages in the construction, aviation and transportation sectors, according to local media reports.
GEORGE TOWN: It’s probably the last piece of open real estate in this land-scarce city that sits in a prime area, nestled between high-end Karpal Singh Drive and the condominiums next to the Penang Bridge.
The numerous incentives will give investors a chance to secure good buys
