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Topic: Dec 31

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KUALA LUMPUR (June 26): Sime Darby Plantation Bhd (SDP) has disposed of its Indonesian subsidiary PT Mitra Austral Sejahtera (PT MAS) to PT Inti Nusa Sejahtera (PT INS) for US$29.7 million (RM123.1 mi...
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KUALA LUMPUR: FGV Holdings Bhd’s substantial shareholders re-elected the board of directors but voted against three resolutions related to their remunerations for the financial year ended Dec 31, 20...
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KUALA LUMPUR: In an unprecedented move, the major shareholders of FGV Holdings Bhd – the Federal Land Development Authority (Felda), the Armed Forces Fund Board (LTAT) and Koperasi Permodalan Felda Malaysia Bhd (KPF) – gunned down resolutions pertaining to the fee payment of its board members at the company’s AGM held here yesterday.
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KUALA LUMPUR (Jun 25): Construction company TRC Synergy Bhd expects to post flat revenue growth in the current financial year ending Dec 31, 2019 (FY19) on fewer construction jobs.
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KUALA LUMPUR (June 25): FGV Holdings Bhd chairman Datuk Wira Azhar Abdul Hamid said he proposed to shareholders to waive his director's fee for the financial year ended Dec 31, 2018 (FY18), in order f...
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Felda Global Ventures Holdings' (FGV) board of directors is in a bind after shareholders approved the reappointment of its members but voted down the payment of their fees and allowances.
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KUALA LUMPUR, June 25 — FGV Holdings Bhd’s biggest shareholders have rejected three resolutions pertaining to directors’ fees.
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AS a small-cap company run by shareholders who have been pretty conservative, Ta Win Holdings Bhd has been overshadowed in the past by more high-profile peers like Metrod Holdings Bhd.
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KUALA LUMPUR (June 25): Investors’ appetite for Telekom Malaysia Bhd (TM) appears to be increasing, as the stock was climbing again to an intraday high of RM4.22 earlier today, or 4.2% higher than i...
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KUALA LUMPUR (Jun 25): Construction company TRC Synergy Bhd expects to post flat revenue growth in the current financial year ending Dec 31, 2019 (FY19) on fewer construction jobs.
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CYBERJAYA: The Finance Minister has reminded taxpayers who have any previously undeclared income to take advantage of the special reduced penalty rate of 10% before it ends on June 30.
Malaysiakini:
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Senator Khairul Azwan Harun has questioned why Putrajaya is acquiring certain highways whose concessions are about to expire.
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KUALA LUMPUR (June 24): Based on corporate announcements and news flow today, companies that may be in focus on Tuesday (June 25) may include: Marine & General Bhd, Cahya Mata Sarawak Bhd, Fajarbaru B...
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KUALA LUMPUR (June 24): Cahya Mata Sarawak Bhd (CMS) has secured a six-month contract extension for the long-term management and maintenance of state roads in Sarawak, worth RM94 million.
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This article first appeared as 'Cost recovery of warships to boost BHIC’s turnaround' in The Edge Malaysia Weekly, on June 17, 2019 - June 23, 2019.
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Kumpulan Perangsang Selangor, which owns 20 percent share in the Sprint Highway, said Putrajaya's bid to take over the tolled-road would be positive for the company.
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BOUSTEAD Heavy Industries Corp Bhd (BHIC) has made a breakthrough in recouping major cost overruns in the littoral combat ship (LCS) programme that contributed to its full-year earnings sinking to a m...
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KUALA LUMPUR (June 24): Mitrajaya Holdings Bhd shares gaind 1.43% after it bagged a RM90 million contract to refurbish a hotel in Putrajaya.
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KUALA LUMPUR: Affin Hwang Capital research is neutral on the Ministry if Finance's (MoF) offer to Gamuda Bhd to acquire its toll highway stakes for RM2.36bil.
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BUKIT MINYAK: Tek Seng Holdings Bhd expects to return to the black in the 2019 financial year ending Dec 31.
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KUALA LUMPUR: The Ministry of Finance (MoF) has formally handed over offer letters to four toll concessionaires with an enterprise value of RM6.2 billion.
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KUALA LUMPUR (June 22): The Ministry of Finance (MoF) has formally handed over offer letters to four toll concessionaires with an enterprise value of RM6.2 billion.
Malaysiakini:
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MP SPEAKS | On Feb 23, 2019, Prime Minister Dr Mahathir Mohamad announced the proposed acquisition of four highway concessions in which Gamuda Berhad (Gamuda) has a significant stake.
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KUALA LUMPUR: Mitrajaya Holdings Bhd’s wholly-owned subsidiary Pembinaan Mitrajaya Sdn Bhd has secured a contract worth RM89.998 million from Idaman Putrajaya Sdn Bhd for proposed refurbishment works of a hotel in Precinct 5, Putrajaya.
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KUALA LUMPUR (June 21): Two major subsidiaries of Evergreen Fibreboard Bhd have been served with a winding-up petition by Soon Lian Engineering Construction (SLEC) due to an on-going dispute pertainin...
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KUALA LUMPUR (June 21): CB Industrial Product Holding Bhd’s (CBIPH) 49 percent-owned unit, VP Engineering (M) Sdn Bhd, will supply 17 airport fire vehicles to Malaysia Airports Sdn Bhd (MASB), inclu...
Free Malaysia Today:
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KUCHING: Finance Minister Lim Guan Eng has asked Bank Pembangunan Malaysia Berhad (BPMB) to make it easier for tourism industry players to gain financial assistance.
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KUALA LUMPUR (June 21): Mitrajaya Holdings Bhd has bagged a RM90 million contract to refurbish a hotel in Putrajaya.
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KUALA LUMPUR (June 21): Mitrajaya Holdings Bhd has bagged a RM90 million contract to refurbish a hotel in Putrajaya.
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KUALA LUMPUR (June 21): CB Industrial Product Holding Bhd (CBIP) has won a RM76.24 million contract from Malaysia Airports Sdn Bhd for the supply of airport fire vehicles.
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Lim (centre) and Mohamaddin (right) at the launch.
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KUALA LUMPUR (June 21): Johor-based manufacturing automation solutions provider i-Stone Group Bhd is seeking to list its shares on the ACE Market of Bursa Malaysia next month at an indicative price of...
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KUALA LUMPUR (June 21): Malaysia kept its export duty on crude palm oil for July unchanged at 0%, according to a circular on the Malaysian Palm Oil Board's website on Thursday that cited the national ...
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KUALA LUMPUR: IHH Healthcare Bhd has outlined three strategic priorities for the year ahead to strengthen its operations across its four home markets namely Malaysia, Singapore, Turkey and India.
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KUALA LUMPUR (June 20): Transmile Group Bhd’s founder and former chief executive officer Gan Boon Aun claimed that the chief financial officer Lo Chok Ping had confessed that he had overstated the a...
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KUALA LUMPUR (June 20): IHH Healthcare Bhd has outlined three strategic priorities for the year ahead to strengthen its operations across its four home markets, namely Malaysia, Singapore, Turkey and ...
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SHAH ALAM (June 20): Engineering, procurement, construction and commissioning (EPCC) outfit Serba Dinamik Holdings Bhd said it is eyeing a net profit growth of about 10% for the financial year ending ...
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PETALING JAYA: Loss-making Mudajaya Group Bhd expects to start seeing a turnaround in its fortunes by as early as the third quarter of its current financial year ending Dec 31 as it seeks to fix its Indian venture.
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KUALA LUMPUR (June 19): The trial of Transmile Group Bhd's accounting scandal was cut short today after the defendant, Gan Boon Aun, complained of migraine.
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KUALA LUMPUR: E-services provider, Dagang NeXchange Bhd (DNeX) expects to secure more projects especially in the oil and gas sector this year, said executive deputy chairman Datuk Samsul Husin.
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SERI KEMBANGAN: Alam Maritim Resources Bhd expects 30 per cent of its RM990 million order book to be recognised in the group's current financial year ending Dec 31, 2019, group managing director Datuk Azmi Ahmad said.
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TECHNOLOGY has advanced so much that one can now produce or alter audio or video content to show or present something that actually didn’t happen.
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KUALA LUMPUR: Kim Hin Joo (Malaysia) Bhd, en route to a July 8 listing on the ACE Market of Bursa Malaysia, expects to raise proceeds of RM32.68mil from the issue of 76 million new shares at an indicative issue price of 43 sen a share.
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SHAH ALAM: In a move to weather through the cyclical nature of the property development industry, I-Bhd is building up its property investment and leisure segments, which can generate recurring income for the group.
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KUALA LUMPUR: The High Court here yesterday fixed July 26 to hear Datin Seri Rosmah Mansor’s application for stay of a decision ordering her to declare her property.
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KUALA LUMPUR (June 18): Serba Dinamik Holdings Bhd said its wholly-owned subsidiaries have secured several contracts.
Free Malaysia Today:
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KUALA LUMPUR: A former government secretary told the High Court that Najib Razak and two former ministers walked out of Cabinet meetings because of conflict of interest.
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KUALA LUMPUR: The High Court here today fixed July 26 to hear Datin Seri Rosmah Mansor’s (pix) application for stay of a decision ordering her to declare her property.
Malaysiakini:
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The High Court in Kuala Lumpur today fixed July 26 to hear Rosmah Mansor's application for stay of a decision ordering her to declare her property.
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TOWARDS the end of April, Axiata Digital Services Sdn Bhd announced its plan to transfer five digital assets, including its entire stake in Celcom Planet Sdn Bhd — the operator of e-commerce platfor...
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KUALA LUMPUR, June 17 — Integrated engineering supporting services provider, UWC Bhd, aims to raise RM57.4 million from its initial public offering (IPO) on Bursa Malaysia, slated for July 10.
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JOHOR BAHRU (June 17): Johor Corp (JCorp) has recorded higher revenue of RM5.616 billion for the financial year ended Dec 31, 2018 (FY18), compared with RM5.564 billion posted a year earlier.
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KUALA LUMPUR: Johor Corp (JCorp), the southern state’s largest state-owned enterprise, has redeemed RM800 million of sukuk and coupon payment of RM49.19 million.
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KUALA LUMPUR: Kelington Group Bhd is confident of achieving another record year for the 12 months ending Dec 31, 2019 (FY19), which will mark a fourth straight year of record net profit after a blip i...
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Johor Corporation (JCorp) has recorded higher revenue of RM5.616 billion for the financial year ended Dec 31, 2018, compared with RM5.564 billion posted a year earlier.
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JOHOR BARU: Johor Corp (JCorp), the southern state’s investment agency has managed to maintain a significant financial performance despite operating in unfavourable uncertainties market conditions.
Malay Mail:
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JOHOR BARU, June 17 — Johor Corporation (JCorp) has recorded higher revenue of RM5.616 billion for the financial year ended Dec 31, 2018, compared with RM5.564 billion posted a year earlier.
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Abang Johari (sixth left, front row), Hii (fifth left), FSJA committee members and representatives of various sponsors at the courtesy call.
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KUALA LUMPUR (June 14): Practice Note 17 (PN17) firm Perisai Petroleum Teknologi Bhd said its 51%-owned unit has won a US$20 million (RM83.37 million) drilling contract from Petronas Carigali Sdn Bhd.
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KUALA LUMPUR (June 14): Boustead Plantations Bhd says CEO Chow Kok Choy is retiring from the group come July 31.
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KUALA LUMPUR (June 14): KNM Group Bhd's indirect wholly-owned subsidiaries have secured supply contracts worth a collective RM27.71 million.
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KUALA LUMPUR (June 14): Construction services firm GDB Holdings Bhd is tendering for RM2.9 billion worth of projects comprising residential and commercial buildings in the Klang Valley.
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KUALA LUMPUR (June 14): TH Heavy Engineering Bhd (THHE) shares rose 8.33% in active trade this morning after it won a US$11.4 million (RM47.4 million) contract from Afcons Infrastructure Ltd of India ...
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KUALA LUMPUR: Greatech Technology Bhd made a firm debut on the Ace Market of Bursa Malaysia yesterday, opening at 63.5 sen, which was 2.5 sen above its offer price of 61 sen.
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KUALA LUMPUR (June 13): Based on corporate announcements and newsflows today, stocks on focus tomorrow (Friday, June 14) may be as follows: Comintel Corp Bhd, Daya Materials Bhd, Hap Seng Consolidated...
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SHAH ALAM (June 13): From a mere RM8 million contribution last year, Serba Dinamik Holdings Bhd is aiming to generate between RM150 million and RM200 million in revenue from its IT-related services fo...
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KUALA LUMPUR (June 13): Hap Seng Consolidated Bhd said its property development unit is disposing of a 20-acre vacant land it owns in Tawau, Sabah, for RM27.14 million.
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KUALA LUMPUR (June 13): TH Heavy Engineering Bhd (THHE) has bagged a US$11.4 million (RM47.4 million) sub-contract from Afcons Infrastructure Ltd of India for an offshore process platform project (CPP...
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KUALA LUMPUR (June 13): Construction services firm GDB Holdings Bhd said it is tendering for RM2.9 billion worth of projects comprising residential and commercial buildings in Klang Valley.
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KUALA LUMPUR: GDB Holdings Bhd has tendered for RM2.9bil worth of residential and commercial building projects in the Klang Valley, its managing director Cheah Ham Cheia said.
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PETALING JAYA: HPMT Holdings Bhd made a debut on the Main Market of Bursa Malaysia opening at 58 sen, which was two sen above its offer price of 56 sen.
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KUALA LUMPUR (June 12): Based on corporate announcements and newsflow seen today, stocks in focus for tomorrow (June 13) might be as follows: DRB-Hicom Bhd, Daya Materials Bhd, UEM Group Bhd, Wegmans ...
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KUALA LUMPUR (June 12): Daya Materials Bhd shareholders have approved the group’s appointment of Baker Tilly Monteiro Heng PLT as its external auditor.
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KUALA LUMPUR (June 12): ACE Market-listed Wegmans Holdings Bhd, a home furniture maker, has announced its submission of proposal to transfer its listing to the Main Market of Bursa Malaysia.
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KUALA LUMPUR (June 12): Crest Builder Holdings Bhd is expecting its financial performance in the financial year ending Dec 31, 2019 (FY19) to be "close enough" to its record FY18, which benefitted fro...
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KUALA LUMPUR (June 12): Crest Builder Holdings Bhd is expecting its financial performance in the financial year ending Dec 31, 2019 (FY19) to be "close enough" to its record FY18, which benefitted fro...
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KUALA LUMPUR: The new bank in town, Malaysia Building Society Bhd (MBSB), is more bullish on its growth prospects as compared to its peers.
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KUALA LUMPUR: Seacera Group Bhd posted a net loss of RM102.15mil for the quarter ended March 31, 2019, dragged by impairment of plant, machinery, equipment from the shutdown of its tiles factory of RM23mil, as well as impairment from its subsidiary, SPAZ Sdn Bhd of RM43mil.
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PETALING JAYA: Ikhmas Jaya Group Bhd’s unit has accepted a RM405mil contract for works pertaining to the construction of the light rail transit line 3 from Bandar Utama to Johan Setia in Klang from Pembinaan Jaya Zira Sdn Bhd.
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KUALA LUMPUR (June 11): Seacera Group Bhd has submitted its unaudited quarterly financial report today — in which it posted a net loss of RM102.15 million for the quarter ended March 31, 2019 (1QFY1...
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KUALA LUMPUR (June 11): E.A. Technique (M) Bhd said it has received a payment claim of US$6.10 million (RM25.4 million) from Malaysia Marine Heavy Engineering Sdn Bhd (MMHE), over disputes of an alleg...
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KUALA LUMPUR (June 11): Malaysia Building Society Bhd (MBSB) is undertaking an internal restructuring that will result in its wholly-owned banking subsidiary — MBSB Bank Bhd, formerly known as Asian...
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KUALA LUMPUR (June 11): Ikhmas Jaya Group Bhd’s unit Ikhmas Jaya Sdn Bhd has secured a project from Pembinaan Jaya Zira Sdn Bhd for the sub-contract works for the construction and completion of th...
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KUALA LUMPUR (June 11): Ikhmas Jaya Group Bhd announced yesterday that it has secured two subcontract jobs for the Setiawangsa–Pantai Expressway (SPE or better known as DUKE Phase 3) with a combined...
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KUALA LUMPUR (June 11): Malaysia Building Society Bhd (MBSB) is undertaking an internal restructuring that will result in its wholly-owned banking subsidiary — MBSB Bank Bhd, formerly known as Asian...
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THERE seems to be a hint of optimism about Bumi Armada Bhd after the offshore services provider announced markedly better financial results for the first quarter of its financial year ending Dec 31, 2...
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KUALA LUMPUR (June 11): Ikhmas Jaya Group Bhd landed a sub-contract valued at RM405 million, bring its total contracts secured so far in 2019 to RM875 million.
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KUALA LUMPUR: Ikhmas Jaya Group Bhd shares rose 7.8% in early trade Tuesday after the contractor said it secured two subcontract jobs worth RM75.3mil.
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KUALA LUMPUR (June 10): Ikhmas Jaya Group Bhd announced today that it has secured two subcontract jobs for the Setiawangsa–Pantai Expressway (SPE or better known as DUKE Phase 3) with a combined val...
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KUALA LUMPUR (June 10): Icon Offshore Bhd has bagged a RM39 million contract to provide anchor handling tugs supply (AHTS) to Sarawak Shell Bhd/Sabah Shell Petroleum Co Ltd (Shell).
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PING Petroleum Ltd, an oil and gas outfit that focuses on shallow water offshore production and development, has been put up for sale by its shareholders.
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Last week, just before the Hari Raya Aidilfitri festivities, Can-One Bhd announced on Bursa Malaysia that it had received a conditional offer from Asia Dairy Creations Sdn Bhd to buy out its wholly-ow...
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KUALA LUMPUR: Developments in Can-One Bhd over the next month will be interesting to watch.
theSun:
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KUALA LUMPUR: The government is ready to dish out additional incentives to encourage oil palm planters to embrace the Malaysian Sustainable Palm Oil (MSPO) certification, which is aimed at boosting th...
theSun:
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KUALA LUMPUR: The government is ready to dish out additional incentives to encourage oil palm planters to embrace the Malaysian Sustainable Palm Oil (MSPO) certification, which is aimed at boosting th...
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The government is ready to dish out additional incentives to encourage oil palm planters to embrace the Malaysian Sustainable Palm Oil (MSPO) certification, which is aimed at boosting the crop’s pro...
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KUALA LUMPUR (June 7): Bursa Malaysia Securities Bhd has publicly reprimanded China Stationery Ltd (CSL) and its directors for breaches of its Main Market listing requirements and slapped two director...
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GEORGE TOWN: Spritzer Bhd will offer new products soon to increase its market share in the country to 45% from the current 40% over the next three to five years.
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KUALA LUMPUR (June 6): Maybank Islamic Bhd (MIB), the largest Islamic bank by asset in ASEAN, wants to be the bridge for the Islamic banking sector between the Gulf Cooperation Council (GCC) and the r...
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KUALA LUMPUR: Maybank Islamic Bhd (MIB), the largest Islamic bank by asset in Asean, wants to be the bridge for the Islamic banking sector between the Gulf Cooperation Council (GCC) and the region after its Dubai branch starts its operation by June this year.