proposes

KPKT proposes MADANI deposit to help young people buy first home

IPOH: The Ministry of Housing and Local Government (KPKT) is committed to focusing on efforts to help young people own homes through the MADANI Deposit scheme. The MADANI Deposit, aimed at youths aged between 21 and 40, is one of 33 proposals forwarded by the ministry to the Ministry of Finance for Budget 2025. Minister Nga Kor Ming said that 76.9 per cent of families in the country currently possess...

Scientex registers record revenue, net profit for FY24, proposes 6 sen final dividend

PETALING JAYA: Global packaging manufacturer and property developer Scientex Bhd delivered record results for the financial year ended July 31, 2024 (FY24), with revenue increasing 9.8% to RM4.5 billion, and net profit surging 24.4% to RM545.2 million. The improved performance was primarily driven by robust demand in the property division, which recorded a 29.7% year-on-year increase in revenue to...

Lim Kang Hoo proposes to consolidate his businesses

PETALING JAYA: Tan Sri Lim Kang Hoo, in his personal capacity as a major shareholder of Ekovest Bhd, Knusford Bhd, Iskandar Waterfront Holdings Sdn Bhd (IWH) and Iskandar Waterfront City Bhd (IWCity), has proposed to undertake a reorganisation, rationalisation and merger involving the companies, for the consideration of their respective boards of directors. Ekovest also owns about 62% of PLS...

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