WCT Surges to Near Five-year High After Linked-company Malton Buys Genting Highlands Land

Shares in WCT Holdings Bhd (KL:WCT) jumped to their highest in nearly five years on Wednesday after Malton Bhd (KL:MALTON), a company related to WCT's largest shareholder Tan Sri Desmond Lim Siew Choon, bought a piece of land in Genting Highlands to build serviced apartments and luxury villas.

The Edge MarketsJul 3 03:23 ET

Malton Buying Development Land in Malaysia for MYR65 Million; Shares Climb 6%

Malton (KLSE:MALTON) unit Pembinaan Gapadu inked a conditional sale and purchase deal with Sering Manis to buy four parcels of freehold development land for 65 million ringgit in cash. The land plots,

MT NewswiresJul 3 00:09 ET

MY Morning Wrap | Johor Plantations Group's Net Profit More Than Doubles in Q1FY2024

Stocks to watch: Pertama Digital, KNM, AEON Co.

Moomoo News MYJul 2 20:51 ET

Pertama Digital, KNM, AEON Co, Malton, Global Oriental, G Capital, Jentayu, UUE, Johor Plantations

Here is a brief recap of some business news and corporate announcements that made the headlines on Tuesday.

The Edge MarketsJul 2 11:15 ET

Malton Acquires Land In Genting For RM65 Million Aims For GDV Of RM1.29 Billion

Malton Berhad announce that Pembinaan Gapadu Sdn Bhd, a wholly-owned subsidiary entered into a conditional sale and purchase agreement with Sering Manis Sdn Bhd, a 51%- owned subsidiary of Global Oriental Berhad to acquire the Genting Land from SMSB for a purchase consideration of RM65 million.

Business TodayJul 2 05:45 ET

Malton Collaborates With RHB Bank to Offer Green Financing at River Park Bangsar South Project in KL

Malton Bhd (KL:MALTON) has partnered with RHB Banking Group (KL:RHBBANK) to offer green financing options for homebuyers at its River Park Bangsar South development here via the bank's Green Home Financing programme.

The Edge MarketsJun 20 01:27 ET