Glomac net profit falls 57% in 4Q owing to high base effect
... while revenue declined by 32.1% to RM273.34 million from RM402.41 million.
Gamuda active, up 1.07% after saying yes to MoF’s RM6.2b takeover offer for highways
The group said its board of directors is in favour of accepting the Federal Government's offer to take over all four toll concessionaires linked to the group for a combined RM6.2 billion at enterprise value.
KIP REIT sets up RM2b mid-term note programme
KIP REIT Management announced in a stock exchange filing yesterday that the MTN programme shall have a perpetual tenure.
Shafee's money laundering trial pushed to next year to make way for Najib's SRC case
High Court judge Justice Collin Lawrence Sequerah, who initially had fixed July 8 as the beginning of Shafee's trial, has now fixed March 9-13, March 30 to April 2, May 12 to 14 and May 18 to 21 as the new trial dates for the case.
Govt suit against NFC fixed for trial in January next year
The claim against NFC and the Salleh family amounted to RM253.62 million — representing the sum owed to the government, together with interest of 2% per annum and default interest on RM224.77 million as at April 30, 2019.
Scientex up on firm 3Q earnings, dividend
The group said the rise in its 3QFY19 net profit is due to better sales performance achieved from the manufacturing and property divisions.
Zahid slapped with 33 more charges for receiving RM42.7m bribes
The member of parliament for Bagan Datoh claimed trial to all charges.
TA Global to launch two Klang Valley projects with RM2.9b GDV in 2H19
Namely its Dutamas project or ALIX Residences in North Kiara and TA 3 & 4 in KLCC.
Mah Sing eyes more industrial lands to gear up for trade diversion opportunities
The group said now is a good time to lock in potential good landbank that meets its business model and criteria, given the group's healthy balance sheet and the less intense competition between developers.
Latheefa: Zahid's alleged offences involving RM47m 'very serious'
"The sum involved is very big and hence it gives an impact to public interests as it involves millions of ringgit."
