BUSINESS

NEWS IN BRIEF: SEPT 21, 2021

21/09/2021 09:14 PM

CEKD BHD’s initial public offering (IPO) has been oversubscribed by 131.61 times with 18,884 applications for 1.29 billion new shares valued at RM619.29 million received from the public ahead of its listing on the ACE Market Bursa Malaysia

In a filing with Bursa Malaysia, it said a total of 10,413 applications for 593.59 million new shares were received for the Bumiputera portion while for the public portion, 8,471 applications for 696.59 million new shares were received.

“The notice of allotment will be posted to all successful applicants on or before Sept 28, 2021,” it said.

-- BERNAMA

 

SAPURA ENERGY BHD’s group chief financial officer (CFO) Reza Abdul Rahim would step down from his position effective Oct 1, 2021 to pursue other opportunities after more than five years in the role.

In a filing with Bursa Malaysia, it said Andy Chew, who is currently vice president, group controller, would transition into the role of acting group CFO following Reza’s departure.

“Reza is an integral part of the Sapura Energy growth story. He helped to build the group into the global integrated energy services and solutions provider that we are today,” chief executive officer Datuk Anuar Taib said.

-- BERNAMA

 

IOI PROPERTIES GROUP BHD’s wholly-owned subsidiary, Boulevard View Pte Ltd, has submitted a bid for a parcel of leasehold land at Marina View, Singapore, measuring 7,817.6 square metres for a tender consideration of RM4.68 billion.

In a filing with Bursa Malaysia, it said the tender was submitted to Urban Redevelopment Authority (URA) that acted as an agent for and on behalf of the Government of Singapore.

“The company will make the relevant announcements once the decision on the tender has been obtained from the URA,” it said.

-- BERNAMA

 

CAPITALAND MALAYSIA MALL TRUST has been renamed to CapitaLand Malaysia Trust with effect from Sept 20, 2021.

In a filing with Bursa Malaysia, it said the change of company name is in line with its expanded investment objective and policy.

-- BERNAMA

 

 


 


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