IJM is selling its 100% stake in India highway concessionaire, Jaipur-Mahua Tollway Private Ltd to ISQ Asia Infrastructure I-A Private Ltd for RM295m. WahSeong plans to venture into a biomass power plant project in Cambodia, by supplying electric energy to Baitang (Kampuchea) Plc for 20 years. BjAuto profit for 2QFY14 more than double to RM57.5m, on favourable sales mix & a weaker Japanese yen. E&O may now commence reclamation works for Phase 2 of Seri Tanjung Pinang development at Tanjung Tokong in Penang, after obtaining planning permission from the Penang Town & Rural Planning Department. Datuk Kamaluddin Abdullah, son of former prime minister Tun Abdullah Ahmad Badawi, & businessman Datuk Mazlin Md Junid have launched a mandatory takeover offer of property firm Perduren (M) Bhd for the remaining 30.7% they do not own in the company, after triggering the 33% control threshold. Digistars managing director Mejar (K) Datuk Wira Lee Wah Chong has increased his stake in the communications systems firm, after acquiring 687,400 shares on the open mkt. SunREIT plans to acquire Sunway Hotel Georgetown & Wisma Sunway for RM134m, from subsidiaries of Sunway.
Posted on: Tue, 09 Dec 2014 00:36:40 +0000
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