KLSE:TITIJYA

4 stories mentioning KLSE:TITIJYAUpdated 15d ago

Every FINWIRES story that references KLSE:TITIJYA, newest first.

Malaysian Shares Snap Winning Streak on Renewed Regional Tensions; CPE Technology Jumps 11%

Malaysian shares ended in the red on Wednesday, snapping a winning streak amid a mixed regional performance. Investors could not find positive cues as the renewed US-Iran hostilities and unrest in the Middle East reignited uncertainty.The FTSE Bursa Malaysia KLCI, the main gauge of Malaysian stocks, shed 6.18 points to end 0.4% lower at 1,713.76.In corporate news, shares of CPE Technology (KLSE:CPETECH) rallied about 11% on today's close after it signed a share purchase agreement to establish a joint venture with Japan's Kanekita. Under the agreement, the two parties will manufacture and sell materials and products using passivation treatment technology.Shares of TSR Capital (KLSE:TSRCAP) jumped over 11% on Wednesday's close after its subsidiary, TSR Bina, secured a 130 million ringgit contract for the construction and completion of earthworks and other associated works for the proposed widening of the Kuala Lumpur-Karak Highway.Titijaya Land (KLSE:TITIJYA) said the Shah Alam High Court has granted its unit, Shah Alam City Centre, leave to proceed with a judicial review challenging a 9.6 million ringgit additional tax assessment imposed by Malaysia's Inland Revenue Board (IRB). Shares gained over 2% on Wednesday's close.

FTSE Bursa Malaysia KLCIKLSE:CPETECHKLSE:TITIJYAKLSE:TSRCAP

Asia16d ago

Titijaya Land Unit Wins Leave for Judicial Review of MYR10 Million Tax Assessment

Titijaya Land (KLSE:TITIJYA) said the Shah Alam High Court has granted its unit, Shah Alam City Centre, leave to proceed with a judicial review challenging a 9.6 million ringgit additional tax assessment imposed by Malaysia's Inland Revenue Board (IRB).The court also extended an interim stay on enforcement of the assessment until the inter-partes hearing scheduled for Oct. 1, according to a Tuesday Malaysian bourse filing.The dispute relates to the tax treatment of statutory compensation received under the Land Acquisition Act 1960 in December 2023.Separately, SACC has also filed a Form Q appeal against the assessment with the IRB, the filing said.

KLSE:TITIJYA

Asia48d ago

Malaysian Shares End Week in Green on Upbeat Economic Data

Malaysian shares extended gains to end in the green on Friday, mirroring regional gains. The investor sentiment was positive after the positive manufacturing and industrial production data.The FTSE Bursa Malaysia KLCI, the main gauge of Malaysian stocks, gained 4.10 points to end 0.2% higher at 1,683.63.In economic news, Malaysia's manufacturing sales rose 9.1% year over year to 175 billion ringgit in April, according to data from the Department of Statistics Malaysia (DOSM). The growth pace accelerated from the 5.3% increase recorded in March.Malaysia's Industrial Production Index (IPI) rose 8.2% year over year in April, according to data from the DOSM. The pace of growth accelerated from the 3.1% increase recorded in the previous month. It beat the consensus forecast of a 4% growth tracked by Investing.com.Meanwhile, Malaysia's retail trade sales increased 6.3% year over year in April, according to data from the Statistics Department.In corporate news, shares of Titijaya Land (KLSE:TITIJYA) rose over 3% on today's close after it signed a consortium deal with Permodalan Negeri Selangor to develop affordable housing under the Rumah Idaman initiative in Selangor, Malaysia.Shares of Kerjaya Prospek Group (KLSE:KERJAYA) gained about 2% on week's close after its unit Rivanis Ventures signed a development deal worth 156.5 million ringgit with Railway Assets to acquire and develop 34.8 acres of land in Penang, Malaysia.

FTSE Bursa Malaysia KLCIKLSE:KERJAYAKLSE:TITIJYA

Asia48d ago

Titijaya Land, Selangor State to Develop Affordable Housing

Titijaya Land (KLSE:TITIJYA) signed a consortium deal with Permodalan Negeri Selangor to develop affordable housing under the Rumah Idaman initiative in Selangor, Malaysia, according to a Thursday Malaysian bourse filing.Shares gained over 2% in Friday's midday trade.The project will be built on about 13 acres of land and will deliver 1,202 residential units priced between 250,000 ringgit and 295,000 ringgit, depending on category and size.Under the arrangement, PNSB Construction will handle regulatory coordination and approvals, while Titijaya Land unit NPO Builders will oversee construction execution and project delivery, the filing said.

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