<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Feb 4):&nbsp;Sime Darby Property Bhd’s foreign shareholding had risen to a five-month high of 9.757% as of Dec 31, 2020, according to the latest figures on its website.</p></div>

<div class=newsTextDataWrapInner><p>The foreign shareholding percentage was the highest since 9.768% at the end of July 2020, said Sime Darby Property.</p></div>

<div class=newsTextDataWrapInner><p>Over the past four years, the group reported its largest foreign shareholding percentage of 15.048% as at the end of January 2018.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>As at Dec 31, 2020, Permodalan Nasional Bhd (PNB) held a 58.6% stake, while the Employees Provident Fund (EPF) and Kumpulan Wang Persaraan (Diperbadankan) held 9.7% and 6.3% respectively.</p></div>

<div class=newsTextDataWrapInner><p>The group currently has a total of 6.8 billion issued shares, according to <em>Bloomberg.</em></p></div>

<div class=newsTextDataWrapInner><p>Shares in the property group were trading one sen or 1.75% higher at 58 sen as at the time of writing today, with a market capitalisation of RM3.94 billion.</p></div>


Sime Darby Property Bhd’s foreign shareholding had risen to a five-month high of 9.757% as of Dec 31, 2020, according to the latest figures on its website.

The foreign shareholding percentage was the highest since 9.768% at the end of July 2020, said Sime Darby Property.

Sime Darby Property’s foreign shareholding up to five-month high of 9.757% as of Dec 31, 2020

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<p>Construction and engineering contractor Crest Builder Holdings Bhd said it had secured a condominium project valued at RM486 million in Mont Kiara. &nbsp;</p>

<p>The project, awarded by Kiaramas Development Sdn Bhd, involves the construction of three blocks of condominiums with car park podiums in Jalan Desa Kiara.&nbsp;The contract period is 42 months from May 2, according to Crest Builder in a filing with Bursa Malaysia on Tuesday.</p>


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<p>Here is a brief recap of some business news and corporate announcements that made the headlines on Tuesday.</p>


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<p>KomarkCorp Bhd, which lost its defamation suit against The Edge Communications Sdn Bhd in the High Court last month, is appealing against the court's decision, which found that the media company had not defamed it in an article about the manipulation of penny stocks that was published nearly three years ago.</p>


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<p>Comfort Gloves Bhd said there was a fire at the glove maker’s newly-built three storey warehouse and packing department in Taiping, Perak on Tuesday morning.</p>

<p>“The cause of the fire and the actual extent of the damage are currently still unknown, pending the completion of police investigations into the fire and issuance of their report,” the group said in a bourse filing.</p>


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<p>The Malaysian Oil, Gas &amp; Energy Services Council (MOGSC) has called on oil and gas (O&amp;G) stakeholders, especially financial institutions, not to write off O&amp;G services and equipment (OGSE) players in the energy transition agenda, as they still have a role to play.</p>


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<p>While the opening of The Exchange TRX is anticipated to intensify competition in the malls sector, Pavilion Real Estate Investment Trust (PavREIT) said footfalls at its malls nearby — Pavillion KL and the connected Pavilion Elite — remain unaffected, and they are still enjoying over 95% occupancy rates.</p>


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<p>The fatal collision between two Royal Malaysian Navy helicopters that killed 10 personnel abroad could be due to a failure in the critical points of the aircraft structure, aviation expert Assoc Prof Maj Dr Mohd Harridon Mohamed Suffian said.</p>


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