Last week, Denko Industrial Corp Bhd proposed a land disposal in the Penang state, while building materials player Ipmuda Bhd plans a private share placement to raise funds, downsizing its major shareholder’s interest in the company. Metronic Global Bhd’s latest shareholding also presented some interesting news as a notable investor picked up more than 5 per cent stake through his private company.
Denko Industrial disposes land for $2m
Denko Industrial Corp Bhd is disposing its piece of leasehold industrial land in Penang for MYR7.65 million ($2.03 million).
