PNB offers US$300mil secured exchangeable sukuk to strengthen portfolio diversification
KUALA LUMPUR: Permodalan Nasional Bhd (PNB) has launched a US$300 million secured exchangeable sukuk in line with its ongoing commitment to enhance portfolio resilience and deliver sustainable, long-term returns for its unitholders.
Trading ideas: Binastra, Kerjaya Prospek, D&O, Dengkil, SkyGate, NexG, Vestland, Chin Hin, SC Estate Builder, ES Sunlogy, Infomina
KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
Vestland terminates three jobs worth RM551mil
Vestland Bhd has mutually terminated three of its contracts with Splendid Forte Development Sdn Bhd involving affordable housing projects in Selangor totaling RM550.69mil.
Datuk Adam Yee is Pestec president
Pestec International Bhd has appointed Datuk Adam Yee Hee Hoon as its president.
SkyGate buys property investment firm
SkyGate Solutions Bhd is acquiring Penang-based property investment firm Dahlia Cemerlang Sdn Bhd (DCSB) from Prominent Goldhill Sdn Bhd, Promaddun Sdn Bhd and Jitu Sempurna Sdn Bhd for RM75.9mil.
SCIB shareholders approve rights issue at EGM
Sarawak Consolidated Industries Bhd's (SCIB) shareholders have approved the issuance of free detachable warrants and the proposed reduction of its issued share capital at an EGM held yesterday.
Infomina to focus on job renewal
Infomina Bhd says it will continue to focus on renewing customer contracts and expanding its product ecosystem to drive recurring income and growth.
BLand in proposed name change
Berjaya Land Bhd or BLand is proposing to change its name to Berjaya Property Bhd.
Binastra’s unit inks tripartite agreement
Binastra Corp Bhd's wholly owned subsidiary Binastra Green Energy Sdn Bhd (BGE) has entered into a tripartite agreement in relation to a RM305mil contract involving infrastructure and renewable energy works.
