It told Bursa Malaysia that the construction will be undertaken by its unit Xepa-Soul Pattinson (Malaysia) Sdn Bhd. Revenue for 1QFY17 climbed 40% to RM271.4 million from RM193.8 million a year ago, said Magni-Tech in a bourse filing. Genting Plantations Bhd, which is raising its plantation hectarage in Indonesia, has completed the acquisition of Cahaya Agro Abadi Pte Ltd (CAA) and Palm Capital Investment Pte Ltd (PCI) for a combined US$48.04 million (RM198.66 million). Poh said Aeon has no plans to retrench staff or close any of its malls, despite the challenging times ahead. In addition, Aeon will be opening its first Aeon Mall in East Malaysia in 2017.

Source: The Edge Markets September 15, 2016 14:48 UTC