Willowglen MSC (KLSE:WILLOW) unit Willowglen Services secured a deal worth about 39.4 million ringgit for the refresh of Distribution Management System (DMS) partial discharge monitoring systems in Singapore.
The deal was awarded by SP PowerAssets, according to a Wednesday Malaysian bourse filing.
The contract is scheduled to run until Dec. 2, 2034, and the project is expected to contribute positively to the group's earnings, it said.
Chin Hin Group Property (KLSE:CHGP) unit Chin Hin Property (Tebrau) agreed to purchase an industrial property in Selangor Science Park 1, Malaysia, for 92.5 million ringgit in cash, according to a Wednesday Malaysian bourse filing.The leasehold property, which comprises a warehouse, factory and supporting facilities, will be redeveloped into a logistics warehouse hub with about 322 industrial units.The project carries an estimated gross development value of 612 million ringgit and is expected to be completed by the end of 2030.The company said the acquisition supports its expansion strategy.
Jiangling Motors' (SHE:000550) sales increased 6% to 32,278 in May from 30,458 units in the year-ago period, according to a Thursday filing with the Shenzhen bourse.Production jumped 9.7% to 34,922 units from 31,833 units.
Beijing Zodi Investment's (SHE:000609) unit, Chongqing Zhongmei Heng Real Estate, received a court order to auction its property as part of a construction contract dispute, according to a Shenzhen bourse filing on Thursday.In 2023, China Construction First Group sued the Chinese real estate developer for unpaid dues for the construction of the Liangjiang Zhongdi Plaza.Chongqing First Intermediate People's Court ordered to auction the property in Renhe Area, Northern New District, Chongqing, China as part of Zhongmei Heng's settlement with China Construction First.The starting price for the auctioned property is 622.5 million yuan.