KUALA LUMPUR: Recent headlines involving companies include Kanger, Chin Hin, SCIB, MN, Ageson, Minetech, BLD and Kerjaya Prospek, said Apex Securities Research.
Builder Kanger International Bhd
has cancelled a March 2021 proposal to award a RM478 million contract to Vegetta Champion Sdn Bhd to undertake the foundation and main building works of a serviced apartment project in Genting Highlands, Pahang.
Chin Hin Group Property Bhd (CHGP) is buying six parcels of land in Melaka for RM41.94 million, cash, to develop a residential project with an expected gross development value of RM1.01 billion.
Sarawak Consolidated Bhd (SCIB) has received an unusual market activity (UMA) query from Bursa Malaysia over the sharp fall in its share price on Tuesday.
Intra-day short-selling of SCIB shares has been suspended, as they fell 29.83% or 35.5 sen to close at limit down on Tuesday.
Construction group MN Holdings Bhd is looking to raise between RM20.66 million and RM37.16 million through a private placement of 73.58 million shares or 10% of its enlarged issued share capital at an issue price to be fixed.
Ageson Bhd, which is involved in mineral resources trading, property development and engineering, procurement, construction and commissioning, has appointed Virdos Lima Consultancy (M) Sdn Bhd (VL Consultancy) to look into audit issues and matters raised by its external auditor Messrs Jamal, Amin & Partners, and their basis for expressing a disclaimer of opinion on the company’s audited financial statements for the 18 months ended Dec 31, 2022 (FPE2022).
The emergence of Abang Abdillah Izzarim Abang Abdul Rahman Zohari — son of Sarawak premier Tan Sri Abang Abdul Rahman Zohari Abang Openg — as the largest shareholder of Minetech Resources Bhd has been followed by boardroom changes at the group.
BLD Plantation Bhd has acquired two properties in Bintulu, Sarawak, for RM24 million for business expansion.
Kerjaya Prospek Group Bhd's wholly-owned unit has secured an RM111.8 million job to develop a residential development in Mukim Setapak, Kuala Lumpur.
