Capital A Expects To Exit PN17 Status By Year-end
KUALA LUMPUR, Dec 5 (Bernama) -- Capital A Bhd expects to complete the consolidation of its aviation business to AirAsia X Bhd and exit Practice Note 17 (PN17) status by the end of this month.
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DRB-HICOM To Buy Spirit My For US$110.62 Mln
KUALA LUMPUR, Dec 4 (Bernama) -- DRB-Hicom Bhd has proposed to purchase the entire equity interest in Spirit Aerosystems Malaysia Sdn Bhd (Spirit MY) for US$110.62 million (US$1=RM4.1115), up from the earlier estimated enterprise value of US$95.2 million.
Paragon Globe Unit To Sell Land In Johor Worth RM64.47 Mln
KUALA LUMPUR, Dec 4 (Bernama) -- Paragon Globe Bhd‘s wholly owned unit PGB Landmark Sdn Bhd planned to sell a parcel of freehold land in Tanjung Kupang, Johor for RM64.47 million to GSP Automotive Malaysia Sdn Bhd.
EcoWorld’s EBP7 Forum Sparks New Industrial Momentum In MVV 2.0
SEREMBAN, Dec 4 (Bernama) -- Eco Business Park VII (EBP7), EcoWorld’s next-generation integrated industrial hub in Malaysia Vision Valley 2.0 (MVV 2.0), hosted the 'EcoWorld Connects: Business Ascend Forum', bringing together industry experts and business partners to discuss ASEAN opportunities, industrial transformation and the rise of the artificial intelligence (AI)-driven economy.
Chin Hin Acquires RM91 Mln Puncak Jalil Land For Landed Housing Project
KUALA LUMPUR, Nov 26 (Bernama) -- Chin Hin Group Property Bhd (CHGP), through its subsidiary Chin Hin Property (KL) Sdn Bhd (CHPKL), has acquired two parcels of 99-year leasehold land in Taman Puncak Jalil, Selangor, for RM91 million to undertake a landed residential development.
Mah Sing To Buy 1.129-Hectare Land In Setapak For RM44.50 Mln
KUALA LUMPUR, Nov 21 (Bernama) -- Mah Sing Group Bhd’s wholly owned subsidiary, Maxim Heights Sdn Bhd, plans to acquire a 1.129-hectare plot of leasehold land in Setapak for RM44.50 million from The Rampai Development Sdn Bhd.
Affin Bank Posts RM144.99 Mln Net Profit For 3Q
KUALA LUMPUR, Nov 20 (Bernama) -- Affin Bank Bhd’s net profit for the third quarter ended Sept 30, 2025 (3Q 2025) slid to RM144.99 million from RM145.82 million a year ago.
Nestcon, Wawasan Dengkil In JV To Develop 70MW Large-scale Solar Plant
KUALA LUMPUR, Nov 19 (Bernama) -- Nestcon Bhd’s wholly-owned subsidiary Nestcon Infra Sdn Bhd (NISB), has entered into a shareholders agreement with Wawasan Dengkil Sdn Bhd (WDSB) and WDSolar Sdn Bhd (JV Co) to co-invest in JV Co and developing a 70-megawatt (MW) large-scale photovoltaic (PV) plant in Kedah.
North Atlantic Expects To Complete Esso S.A.F. Acquisition On Nov 28
KUALA LUMPUR, Nov 11 (Bernama) -- North Atlantic France SAS (North Atlantic) has provided an update on its proposed acquisition from ExxonMobil France Holding SAS (ExxonMobil) of ExxonMobil’s entire stake in Esso Société Anonyme Française SA (Esso S.A.F.) and in ExxonMobil Chemical France SAS.
Mah Sing To Develop Prime Penang Land With RM528 Mln GDV
GEORGE TOWN, Nov 10 (Bernama) -- Mah Sing Group Bhd plans to undertake a new mixed development project, M Cora, on its newly-acquired Penang land with a projected gross development value (GDV) of RM528 million.
Ann Joo Unit To Dispose Of Penang Industrial Land To Axis REIT For RM800 Mln
KUALA LUMPUR, Nov 6 (Bernama) -- Ann Joo Resources Bhd’s (AJR) wholly-owned subsidiary, Ann Joo Steel Bhd (AJSB), has accepted a conditional letter of offer from Axis REIT Managers Bhd for a proposed disposal of a freehold industrial land in Prai, Penang, for RM800 million.
Mah Sing Buys RM273.5 Mln Semenyih Land For M Legasi Township
KUALA LUMPUR, Nov 3 (Bernama) -- Mah Sing Group Bhd has acquired a 111.29-hectare freehold parcel adjoining its existing 202.34-hectare M Legasi township in Semenyih for approximately RM273.5 million.