Construction, consumer players stand to gain from Budget 2024, analysts say
Construction and consumer players stand to gain the most from the policies announced in Budget 2024 on Friday, say analysts.
Construction and consumer players stand to gain the most from the policies announced in Budget 2024 on Friday, say analysts.
The Penang government or Penang Development Corp (PDC) should cancel the land deal with Sunway Bhd’s 70%-owned subsidiary Umech Land Sdn Bhd, as more questions and queries are coming to the fore on the transaction, former Penang deputy chief minister II Professor Dr P Ramasamy Palanisamy said.
Pursuant to the facilities, Sunsuria itself has provided financial assistance to BHPDSB in the form of a corporate guarantee.
TPGR, formerly known as Victavest Holdings Sdn Bhd, operates a 54-hole golf course in Pasir Gudang, Johor.
Perak State Development Corp (PKNP) has decided to transfer its rights in a 100-acre piece of leasehold agriculture land in Temelong, Perak to Practice Note 17 (PN17) company Perak Corp Bhd’s indirect 89.54%-owned subsidiary Casuarina Meru Sdn Bhd (CMSB).
Global packaging manufacturer and property developer Scientex Bhd posted a strong finish to its financial year ended July 31, 2023 (FY2023), thanks to better performance from its property division for the year.
Precision tool-making company Rapid Synergy Bhd has disposed of 6,653/10,000 undivided share of a parcel of land in Manjung, Perak, measuring 303,487 sq ft, to Yokado Sdn Bhd for RM22.89 million cash.
He replaces Ewe Lay Khim, who is resigning to pursue other business interests and personal commitment.
Malaysia's construction activity in the second quarter of 2023 (2Q2023) expanded for the fifth straight quarter since 2Q2022, reporting an increase of 8.1% year-on-year (y-o-y) in value of work done to RM32.4 billion, new data from the Department of Statistics Malaysia (DOSM) revealed.
Property developer Magna Prima Bhd is selling its entire equity interest in loss-making 33 Sentral Park Sdn Bhd, which owns two pieces of adjoining residential land measuring a total of 6.9 acres and fronting Jalan Gasing in Petaling Jaya, Selangor, to Glomics Holding Sdn Bhd (GHSB) for RM65 million.