S P Setia land disposal is at fair price, helps to lower group’s net debt
Analysts are generally positive about S P Setia Bhd’s disposal of 959.7-acre in Tebrau, Johor for RM564mil cash.
Corporate News
ACE Market-bound Go Hub Capital targets RM37.5mil from IPO
Transportation information technology (IT) solutions provider Go Hub Capital Bhd has scheduled a listing on the ACE Market of Bursa…
UMC’s new plant capacity forecast to boost earnings
Analysts remain optimistic on UMediC Group Bhd’s (UMC) performance for the coming quarters, supported by its new plant capacity as…
China’s battery makers decry US protectionism, false accusations
Any attempt at protectionism or false accusations will not hinder Chinese electric vehicle (EV) battery makers from going global, as…
S P Setia completes RM564mil Johor land sale
S P Setia Bhd has completed the disposal of its 960-acre land parcel in Tebrau, Johor to Senibong Island Sdn…
LVMH unit under court administration in Italy
An Italian subsidiary of French luxury giant LVMH that makes Dior-branded handbags has been placed under court administration after a…
Iqzan Holding secures project worth RM143mil
Iqzan Holding Bhd has secured a construction project worth approximately RM143mil via its subsidiary, Kacon Construction Sdn Bhd
Bintai Kinden bags RM22mil housing jobs
Bintai Kinden Corp Bhd secured two sub-contract awards totalling RM22.3mil for the construction of double-storey houses in Muar, Johor.
UAW president being investigated by US Federal Court monitor
United Auto Workers (UAW) president Shawn Fain is under investigation by the union’s federal corruption watchdog, posing a serious threat…