<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Oct 26): GD Express Carrier Bhd (GDex) is buying three properties, located at Ipoh, Perak, as well as at Mont Kiara and Q-Sentral here, from Abric Bhd for RM19.3 million, to generate rental income for the group, as well as for business expansion purposes.&nbsp;</p></div>

<div class=newsTextDataWrapInner><p>In a filing with Bursa Malaysia today, GDex said its wholly-owned subsidiary GD Facilities &amp; Assets Management Sdn Bhd has entered into a conditional share sale agreement with Abric to acquire the entire stake in Abric Properties Sdn Bhd that owns the three properties.</p></div>

<div class=newsTextDataWrapInner><p>"The acquisition is expected to increase the earnings of the group," it added.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>GDex said the purchase will be financed by internal funds and/or bank borrowings.</p></div>

<div class=newsTextDataWrapInner><p>Barring any unforeseen circumstances, the acquisition is expected to be completed within 30 days.</p></div>

<div class=newsTextDataWrapInner><p>GDex shares closed up 0.5 sen or 0.78% at 65 sen today, giving it at a market capitalisation of RM3.62 billion.</p></div>


KUALA LUMPUR (Oct 26): GD Express Carrier Bhd (GDex) is buying three properties, located at Ipoh, Perak, as well as at Mont Kiara and Q-Sentral here, from Abric Bhd for RM19.3 million, to generate rental income for the group, as well as for business expansion purposes. 

In a filing...

GDex to buy RM19.3m worth of properties from Abric's unit

This year as Malaysia and China commemorate 50 years of diplomatic relations, enhanced collaboration, and cooperation between the two nations will prove beneficial. The potential for the strengthening of bilateral relations is most recently demonstrated by the numerous commercial agreements and memorandums of understanding (MOUs) worth billions of ringgit that both countries inked.

Trade and investment key to bolstering Malaysia-China relations

For more than a decade, the Malaysian government has been pushing commercial and residential properties to adopt renewable energy (RE) options such as solar power. The Sustainable Energy Development Authority (SEDA) Malaysia was also set up in 2011 to help facilitate this mission. Today, while interest has picked up among commercial lots, many Malaysians still aren’t adopting it at home.

Making solar adoption more attractive via SolaRIS

KUALA LUMPUR (May 19): The unity government condemns the actions of those who try to intimidate and threaten the safety of MPs in the country.

Unity government spokesman Fahmi Fadzil said such shameful action should not be directed at any MP, whether they are backbenchers or from the Op...

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Didi Global Inc president Jean Liu is relinquishing her roles as president and board director of China’s ride-hailing giant after almost a decade in the positions, as the company tries to revive growth following a regulatory crackdown by the government.

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Jeff Bezos' space firm Blue Origin is scheduled on Sunday to launch its first crew of humans to the edge of space since the company's suborbital New Shepard rocket was grounded in 2022, resuming its space tourism business.

Bezos' Blue Origin to launch first crew to edge of space since 2022 grounding

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Trade and investment will be the main focus for cooperation between Malaysia and Uzbekistan, following Pr

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KUCHING (May 19): A mechanism to effectively control inflation must be established to ensure workers can fully benefit from any wage increase, said Sarawak Premier Tan Sri Abang Johari Tun Openg.

He said that any wage increase announced by the government or the private sector is meaning...

Sarawak premier calls for creation of mechanism to better control inflation

<p>The police have confirmed receiving a report from Seputeh Member of Parliament (MP) Teresa Kok Suh Sim about a threatening letter she received on Saturday.</p>


<p>Didi Global Inc president Jean Liu is relinquishing her roles as president and board director of China’s ride-hailing giant after almost a decade in the positions, as the company tries to revive growth following a regulatory crackdown by the government.</p>


<p>Efforts to assist small and medium-sized Malaysian companies in expanding their overseas market penetration must be enhanced to put them in a more favourable position, according to Prime Minister Datuk Seri Anwar Ibrahim.</p>


<p>KUALA LUMPUR (May 19): The unity government condemns the actions of those who try to intimidate and threaten the safety of MPs in the country.</p>

<p>Unity government spokesman Fahmi Fadzil said such shameful action should not be directed at any MP, whether they are backbenchers or from the Op...

<p>Trade and investment will be the main focus for cooperation between Malaysia and Uzbekistan, following Pr</p>


<p>KUCHING (May 19): A mechanism to effectively control inflation must be established to ensure workers can fully benefit from any wage increase, said Sarawak Premier Tan Sri Abang Johari Tun Openg.</p>

<p>He said that any wage increase announced by the government or the private sector is meaning...

<p>SEREMBAN (May 19): Deputy Minister of Communications Teo Nie Ching announced that the Cyber Security Bill is projected to be tabled by the end of this year at the latest.</p>

<p>She stated that the ministry is reviewing various aspects of the bill and seeking feedback from the Attorney General...

Tabling of Cyber Security Bill by year-end, says deputy minister 

<p>Jeff Bezos' space firm Blue Origin is scheduled on Sunday to launch its first crew of humans to the edge of space since the company's suborbital New Shepard rocket was grounded in 2022, resuming its space tourism business.</p>


<p>This year as Malaysia and China commemorate 50 years of diplomatic relations, enhanced collaboration, and cooperation between the two nations will prove beneficial. The potential for the strengthening of bilateral relations is most recently demonstrated by the numerous commercial agreements and memorandums of understanding (MOUs) worth billions of ringgit that both countries inked.&nbsp;</p>


<p>For more than a decade, the Malaysian government has been pushing commercial and residential properties to adopt renewable energy (RE) options such as solar power. The Sustainable Energy Development Authority (SEDA) Malaysia was also set up in 2011 to help facilitate this mission. Today, while interest has picked up among commercial lots, many Malaysians still aren’t adopting it at home.</p>
