User:Jimmy12345678/News

FGVH merged with other planters
, a subsidiary of former plantation giant,, had proposed to merge with other planters include , , and.

KPF buys 70% APBS
, a subsidiary of, reported had bought 70% shares in from its former owner, Sim Kee Yee. Sim Kee Yee also reported had bought 2.5% in which listed in Bursa Merbau. This acquisition is interpreted by the market as wish to make the acquisition of other plantation companies easier and smoother because  own a big portion of shares in listed.

MRT's bid closed
3 consortiums, namely CHC-Genting, YTL-Pioneer and Mudajaya-APH had submitted their bids for the MRT projects. will review their bids and finally choose the operator of the MRT system. will be the owner of the system and lease the operation of MRT to the winner besides will hold 20% shares in the operator.

Teo sold 60% Oakland to SP Perdana
had acquired 60% shares in, the holdings company of the major petroleum industry player, Oakland Group. Teo Fook Lin retain the other 40% shares.

ABGB become main shareholder of Kayangan
had reached an agreement with Chua Wei Yuan, the CEO of pre-merge (SBB) to purchase latter's 16.67% shares in listed. Chua will retain 6.67% shares while shareholding increase from 0.5% to 17.17%.

More sites for redevelopment in Greater Bandaraya
Despite the previous proposed redevelopment projects, namely Bukit Tiram Redevelopment (Tiram Ekovest by ), Dusun-Sakeh Redevelopment (Orchard Central by ), Batu Kawan Redevelopment (by ), Kastam Selatan Redevelopment (by and its partner), Kinta-Petani Redevelopment, Paya Jakas Redevelopment (Paya Jakas City Centre by ), Pahlawan Redevelopment (EduHub @ Bandaraya by ) and Orkid Redevelopment, more redevelopment sites had been identified by the government to accelerates the growth of the capital city. The sites named include Bumbung Atap (industrial to mixed), Orkid Bahru (industrial to mixed), Puchong (industrial to commercial, and the developer will be ), Dakwa (village to mixed) and Ah Loy (village to mixed).

Echo Group obtained number forecasting license
through its fully-owned subsidiary, had obtained license from Ministry of Finance to operate number forecasting business in Merbau. It is the third company obtained this license after and.

ABC gets PLTB Paya Jakas tunneling works
had signed agreement with to become the contractor in the tunneling project of PLTB's Paya Jakas part. The projects include the tunneling from East Portal (Ah Loy) to the West Portal (Paya Jakas), as well as the construction of expressway exit to the ORE.

ABP buys local and international oil company SPAC buys international oil company

Langka found 2 more oil and gas fields
PetroLangka Limited had confirmed that 1 oil field and 1 gas field are found offshore of Andaman Island, which is Block P and Block Q respectively. Block P is located at the sea which belongs to Langka, Polynesia and Funan, while Block Q located at the sea which belongs to Langka and Funan.

PNBIB receives the largest business
, the investment banking arm of the national largest fund management firm,, had recently received a big business from the GLCs. is appointed as the main manager of the issuance of sukuk and bond of, and Merbau Government Securities (MGS). According to the information submitted to Securities Commission, will issue corporate sukuk worth RM 6 billions, while  will issue corporate sukuk valued RM 10 billions, and the government will issue MGS at the size of RM 100 billions. The total size of issuance of the three offerings is RM 116 billions, which makes the second largest bookrunner of bonds and sukuk in Merbau, only after  with RM 1.79 trillion.

DBPU big expenses on road projects
Dewan Bandaraya Pinggir Utama is believed already spent few billions on the road projects currently ongoing in the capital city. The extremely high cost is mainly due to the land acquisition of many corporate office towers, like Perwaja, Genting, IHSC, SC Electronics, EPF, MRCB, YTL, INTRA, NLB and others at Bandaraya I, Ismail and Mahkota. Besides, many shophouses at Bandaraya I and Kastam Selatan also demolished to make way for the project. The project is launched to transform the road system in the city as the former road system is estimated cannot withstand the high traffic flow in the future. It is the major change in road system since Jaya transformation ended.

UIM and UTM to be merged?
Rumours said that government is planning to merge Merbau Infrastructure University with Merbau Technology University to form Merbau Infrastructure and Technology University (UITM). After the merger, the university can improve the land use with larger campus and shared facilities. Government also planned to privatise UITM and UEM under and.

ECL Land buys land in Muara
buys a parcel of land in Muara next to the Sawit@Muara and plan to develop high density residential project at the land.

Genting rebrand MHU
had set up to takeover Merbau Hospitality University's operation. MHU will be rebranded as Gohtong University to commemorate the founder of Genting Group, Lim Goh Tong. UniGT's graduates stands a greater chance to be employed as employees of Genting Group as well as its industrial partner, UDA and National Parks Board.

Genting cooperate with TTDI in Iskandar property market
, a new joint-venture between Genting and TTDI is established to undertake strategic property investment in Kota Iskandar region. The whole development range for I&P will span from Indahpura to Iskandar Nature and Iskandar Sports. Key projects include the nature parks, UniGT, UniGT Town, UniGT Sports Town and many more.