MoF extends deadline to take over Gamuda's highways for the third time
This marks the third postponement. The first deadline was Aug 30, then it was extended to Oct 31 and later to Dec 31.
This marks the third postponement. The first deadline was Aug 30, then it was extended to Oct 31 and later to Dec 31.
In a filing with Bursa Malaysia yesterday, it said the bills of demand were issued to its wholly-owned unit Puncak Niaga Management Services Sdn Bhd (PNMSSB), for the period Feb 1, 2016 to Dec 31, 2017.
The property developer said the proceeds from the issuance will also be used to repay borrowings, for working capital and to defray expenses incurred in relation to the sukuk issuance.
EcoWorld is set to announce its annual financial results tomorrow (Dec 12).
The objective of the entrepreneurial programme, presented by Alliance Bank Malaysia Bhd and Eco World Development Group Bhd (EcoWorld), is to help entrepreneurs grow their businesses further.
According to China Communications Construction (ECRL) Sdn Bhd’s (CCC-ECRL) authority and community liaison manager for ECRL section six, Satnam Singh Ajit Singh, the construction works will pick up at section six, which covers the most parts in Pahang.
The hefty impairment offset the improved performance in the hospitality and property divisions, said the company in a filing with Bursa Malaysia.
As a result, it registered a loss per share of 16.25 sen from 2.79 sen for 1QFY19, Lion Industries said in a filing with Bursa Malaysia.
The loss, the group said in a bourse filing, was due to impairments in the heavy industries and property divisions, totalling RM161.3 million, as well as weaker results in other divisions.
Cost of sales grew 3% to RM371.29 million from RM362.13 million, while other income retreated 63% to RM3.67 million from RM10.02 million. Revenue was flat at RM467.18 million, versus RM465.17 million in the year-ago.