Sunday 08 Sep 2024
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EVENING 5: AME Elite sells Pulai land to data centre operator for RM209.84 mil

Here’s a quick look at some of the stories that made headlines today.

Dirty dealings. Corporate battles. Consumer woes. Here are five things you need to know today.

1. AME Elite Consortium Bhd is selling 11 plots of freehold land in Pulai, Johor Bahru, for RM209.84 million cash to Hong Kong-based data centre operator Digital Hyperspace Malaysia Sdn Bhd.

2. Tax incentives to attract investments into the finance sector in the Forest City Special Financial Zone are expected to be finalised by the end of May.

3.  Oil-and-gas services firm Dialog Group Bhd said on Monday that its third-quarter net profit rose 19% from a year earlier, thanks to higher upstream output.

4.  Serendib Capital Ltd said on Monday an agreement to rescue Sarawak Cable Bhd remains in force and cannot be terminated unilaterally.

5. Golden Screen Cinemas, operated by Malaysian conglomerate PPB Group Bhd, has strategic plans to increase its market share in key locations, and consolidate selected locations for operational efficiency.
 

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