KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
SD Guthrie Bhd
disposed of approximately 941.82 acres of freehold land in Kulai, Johor, for a total consideration of RM814.78mn to a special purpose vehicle, Eco Business Park 8 Sdn Bhd.
Ibraco Bhd is disposing of 4.2 acres of vacant land in Kuching for RM35.4mn, generating an estimated gain of RM22mn.
Wawasan Dengkil Holdings Bhd is expanding its business into renewable energy via a joint venture with Nestcon Bhd to develop a 70 MW large-scale solar photovoltaic plant in Kedah.
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