News by theedgemarkets.com

Upon completion of the debt restructuring and capitalisation exercise, the company's issued share capital would more than quadruple to 2.79 billion shares, while its gearing would drop to 0.34 times from 0.9 times as of end-2019.

Former prime minister Datuk Seri Najib Razak’s appeal against his conviction in the SRC International Sdn Bhd trial will commence on Feb 15, 2021. 

According to a filing with Bursa Malaysia, Inta Bina's wholly-owned subsidiary Inta Bina Sdn Bhd accepted the letters of award today. The main building works consist of the design and build for property developments in Kuala Langat and Shah Alam by Eco Sanctuary Sdn Bhd and Eco Ardence Sdn Bhd, respectively.

The two projects are in relation to its Sunway Velocity Two integrated development in Cheras, KL and the expansion of Sunway Medical Centre at its flagship Bandar Sunway township in Selangor.

The court was informed today that her solar project graft trial is at the tail-end of the prosecution case, which is expected to be concluded soon.

The plaintiff’s sixth witness, Zuraida Ariffin, who was his secretary at the time, testified that she had visited the luxury condominium for the first time when she attended the birthday party in November 2015.

The bank reminded customers who have not applied for Repayment Assistance that they will have to resume payment for their loan/financing from October onwards.

Based on yesterday's closing of RM1.40, Affin Bank Bhd was trading at the lowest in terms of price-to-book value (P/BV) ratio. The country's smallest lender was trading at 0.29 times of P/BV, followed by Malaysia Building Society Bhd (MBSB) at 0.41 times.

Tawau has the highest number of active cases with 329, followed by Semporna (301), Lahad Datu (149) and Kunak (62), according to the map provided by the ministry’s Crisis Preparedness and Response Centre (CPRC).

The agreement was signed between MTT Group of Companies executive chairman Datuk Sri Kenny Ong and Eden-On-The-Park chairman John Chin at Evergreen Laurel Hotel in Penang. Also present at the ceremony were Penang Chief Minister Chow Kon Yeow, State housing, local government and town and country planning committee chairman Jagdeep Singh Deo and Eden-On-The-Park managing director Victor Fong.