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KLSE News: 6 July 2015 – Tenaga Nasional Bhd (TNB) has entered into a share sale and purchase agreement with 1Malaysia Development Bhd…

Tenaga Nasional Bhd (TNB) has entered into a share sale and purchase agreement with 1Malaysia Development Bhd (1MDB) for the acquisition of a 70% shareholding in Jimah East Power Sdn Bhd (JEP) for RM46.9m. JEP is the special purpose vehicle company set up to develop the 2,000MW coal-fired power plant in Jimah, Negeri Sembilan, known as […]

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KLSE News: 3 July 2015 – Genting Malaysia, which has been approached by several parties for its 17.81% stake in Genting Hong Kong Ltd…

Genting Malaysia, which has been approached by several parties for its 17.81% stake in Genting Hong Kong Ltd, received shareholders’ approval for the disposal, for a sum of not less than RM1.7bn. Following the shareholders’ approval, the company has up to 12 months to let go of its stake. A source said while the group […]

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KLSE News: 2 July 2015 – UEM Sunrise Bhd yesterday unveiled the “Estuari” series of residential properties, surrounding Puteri Harbour area…

UEM Sunrise Bhd yesterday unveiled the “Estuari” series of residential properties, surrounding Puteri Harbour area, with a gross development value (GDV) of RM7bn. Acting chief marketing officer Zadil Hanief Mohamad Zaidi said the project’s selling point would be the different concept of residential projects over a span of seven to 10 years. “There will be […]

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