Shares in Daim-linked Avillion slide after MACC charge
Avillion and 23 of its subsidiaries were listed among the 71 assets in the MACC charge sheet in its case against Daim.
AZRB subsidiary served with winding-up petition for allegedly failing to pay debt
Ahmad Zaki Sdn Bhd (AZSB), a wholly-owned subsidiary of engineering and construction group Ahmad Zaki Resources Bhd (AZRB), has been served with a winding-up petition by Sukiada Engineering Sdn Bhd (SESB) for allegedly failing to settle an outstanding amount of RM168,115.25 excluding interest as at June 30, 2023.
Economists expect OPR to remain at 3% for the rest of 2024
Following Bank Negara Malaysia's (BNM) decision to maintain the Overnight Policy Rate (OPR) at 3% on Wednesday, economists project the key rate will be kept intact for the rest of the year.
Six million Tanco warrants exercised at 31 sen apiece as share price on downward spiral
While Tanco Holdings Bhd’s share price has been on a downward spiral, a total of 6.07 million warrants were converted at the exercise price of 31 sen per share, the company’s filing to Bursa Malaysia showed.
Malaysia signs MOU with Singapore to formalise cooperation on Johor-Singapore Special Economic Zone
Economy minister Rafizi Ramli has signed a memorandum of understanding (MOU) with Singapore’s minister of trade and industry Gan Kim Yong to formalise the cooperation of both countries on the Johor-Singapore Special Economic Zone (JS-SEZ).
High Court strikes out lawyer's KL-SG HSR suit as matter is non-justiciable, beyond court's purview
The High Court has struck out a civil suit by lawyer Mohd Hatta Sanuri against former prime ministers Tun Dr Mahathir Mohamad and Tan Sri Muhyiddin Yassin, the government of Malaysia and several others, over the cancellation of the Kuala Lumpur-Singapore high-speed rail (KL-SG HSR) project in 2021.
Sime Darby Property mutually terminates joint venture with Brunsfield Metropolitan
Sime Darby Property Bhd and Brunsfield Metropolitan Sdn Bhd have mutually terminated their 60:40 joint venture (JV).
Country Heights promotes deputy MD to acting MD
Country Heights Holdings Bhd has appointed its deputy managing director Dr Ricky Yip Chun Mun as the new acting MD effective Friday (Dec 1).
Ekovest posts net profit of RM3.08 million with lower revenue in 1QFY24
Ekovest Bhd’s net profit soared to RM3.08 million in its first financial quarter ended Sept 30, 2023 (1QFY2024) from RM182,000 a year ago, thanks to improved results from its construction operations.
PJBumi gets nod from local authority to develop industrial factories in Sungai Petani with RM42m GDV
PJBumi Bhd said it has received a conditional development order from the Sungai Petani Municipal Council for the proposed development of its 4.6-acre industrial land in Sungai Petani, Kedah.
