PERWAJA
Building the first concentration and pelletising plant to produce iron ore pellets in Malaysia at a cost of RM201.54 million in Kemaman, Terengganu.
CURRENT PRICE = RM1.15 (up 4 sen)PLUS
UEM Group Bhd and the Employees Provident Fund (EPF) extend the acceptance deadline of the Offer Letter to acquire PLUS Expressways Bhd from 5pm on Oct 29, 2010 to 5pm on Nov 9 this year.
PLUS said the offer would immediately lapse at 5pm on November 9 unless UEM and EPF agree in writing to extend the offer period.
On Oct 15, PLUS received an offer from UEM and the EPF as joint offerors to acquire all its business and undertakings , including assets and liabilities for RM23 billion or RM4.60 per share cash.
CURRENT PRICE = RM4.35 (up 3 sen)
GLOMAC
acquiring 18 units of apartments at the Suria Stonor Condominium project for RM38.41 million.
Glomac unit Berapit Pertiwi Sdn Bhd had agreed to the acquisition with Dekad Darat Sdn Bhd and Progressive Berg Sdn Bhd as it viewed the apartments had an excellent investment opportunity with strong potential for quick turnaround.
CURRENT PRICE = RM1.62 (up 2 sen)
MTD
MTD Capital resumes trading after it was suspended from 9.45am on Monday at the company’s request pending a material announcement.
The company said the material announcement was on the official judgment from the Supreme Court of Philippines pertaining to the Temporary Restraining Order (TRO) on South Luzon Toll Expressway (SLEx).
CURRENT PRICE = RM6.35 (unch)
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