Apex Equity withdraws stay application on Pinerains
KUALA LUMPUR (Aug 15): Apex Equity Holdings Bhd today withdrew its stay application for its shareholder Pinerains Sdn Bhd, which holds a nearly 5% stake, to transfer the case before High Court judge J...
Kojadi board: Why we suspended Ng as chair
COMMENT | The board of directors of Koperasi Jayadiri Sdn Bhd (Kojadi) held a board meeting on July 17, 2019 to hear and consider both verbal and written explanations given by Ng Peng Hay in regard to...
Kit Siang slams Zahid over puppet remarks
PETALING JAYA: DAP supremo Lim Kit Siang today slammed Umno President Datuk Seri Ahmad Zahid Hamidi over claims by the latter that Prime Minister Tun Dr Mahathir Mohamad is being fooled by the DAP.
PM denies there will be a Cabinet reshuffle
SERDANG: Prime Minister Tun Dr Mahathir Mohamad has refuted talk of a Cabinet reshuffle following a viral photograph of the full Cabinet taken on Friday before a meeting in Putrajaya.
PPBM approves two-tier voting system
SERDANG: PPBM members have agreed on a two-tier voting system, with one-man-one-vote for ordinary members to elect branch and divisional leaders.
What Cabinet reshuffle? Dr M refutes rumours
SERDANG: Prime Minister Tun Dr Mahathir Mohamad has refuted rumours of a Cabinet reshuffle following a viral photograph of the full Cabinet taken on Friday (July 19) before a meeting in Putrajaya.
Let us not be like Umno, Dr M tells PPBM members
KUALA LUMPUR: PPBM chairman Dr Mahathir Mohamad has warned the party’s leaders and members that they must not go down Umno’s path in putting personal aspirations ahead of the struggle for race, re...
Ho Hup gets new lease of life
PETALING JAYA: After five years of dwindling profits, a reversal in Ho Hup Construction Co Bhd’s fortunes is may be on the cards.
JF Apex and Mercury Securities merger in limbo
PETALING JAYA: Apex Equity Holdings Bhd may have cleared a major hurdle for its proposed merger with Mercury Securities Sdn Bhd with a slim majority of shareholders voting in favour, but obstacles are coming back to haunt it.
Paramount Corp eyes regional expansion
KUALA LUMPUR: Paramount Corp Bhd, which has received shareholder approval to dispose of 65% of its tertiary education ops, is looking to expand its property business within the region.
Tussle continues at Apex Equity
KUALA LUMPUR (July 9): The tussle continues between Apex Equity Holdings Bhd’s minority and majority shareholders, even after its unit JF Apex Securities Bhd’s merger with Mercury Securities Sdn B...
Bersatu man echoes Mukhriz's 'no-contest' call
Bersatu supreme council member Mohd Rafiq Naizamohideen (photo, above) has supported the stance of party deputy president Mukhriz Mahathir, who said that Bersatu grassroots do not want the three top p...
Decision day for JF Apex-Mercury merger
THIS Wednesday, shareholders of Apex Equity Holdings Bhd will hopefully have their questions on the many headline-making developments involving the group answered at an extraordinary general meeting (...
Apex clears hurdle for merger with Mercury
KAJANG: The battle in Apex Equity Holdings Bhd has taken a major turn with shareholders voting in favour of the merger with Mercury Securities Sdn Bhd in a slim majority of 54.8%.
Najib had control of SRC, court told
KUALA LUMPUR: Former prime minister Datuk Seri Najib Razak had control in the management of SRC International Sdn Bhd after an amendment was made in the company’s articles of association, the High Court heard.
Witness: Najib had full control over SRC
Tan Sri Ismee Ismail, the former board member of SRC International Sdn Bhd, told the High Court in Kuala Lumpur Tuesday that former Prime Minister Datuk Seri Najib Razak added a clause in the constitu...
Najib had full control over SRC, says witness
KUALA LUMPUR (Bernama): Former prime minister Datuk Seri Najib Razak had full control over the administration of SRC International Sdn Bhd based on the amendment to the company's Articles of Association.
Goh Tong’s grandsons to be removed from Donaco
A host of questions are hanging over the management of casino operator Donaco International Ltd, which until recently was the vehicle of Joey Lim Keong Yew and Benjamin Lim Keong Hoe — the grandsons...
Who gets to vote in Apex AGM?ON June 19, an interesting milestone in the saga involving Apex Equity Holdings Bhd will take place. That is the day that Apex Equity shareholders are meant to vote on whether their company should merge with Mercury Securities Sdn Bhd.
Protasco starting on a clean slate
COULD construction and property player Protasco Bhd be a stock worth watching now that its boardroom tussle and one-off impairments have come to a close?
MAA Group to scout for new business
KUALA LUMPUR: MAA Group Bhd (MAAG), which failed to get the nod from shareholders for a proposed privatisation exercise by its major shareholder, will focus on finding a new business to exit its Practice Note 17 (PN17) status.
Seacera confident of lifting PN17 status
KUALA LUMPUR (May 29): Tile manufacturer Seacera Group Bhd is confident of lifting its Practice Note (PN17) status after the newly-appointed board of directors rolls out its regularisation plan in the...
MAA: No restriction on offer price revision
PETALING JAYA: MAA Group Bhd has clarified that existing rules do not impose any restriction on the potential revisions to the offer price under a proposed selective capital repayment (SCR) exercise by its major shareholders to take the company private.
MAA Group board could propose revised offer price
KUALA LUMPUR: MAA Group Bhd has issued a clarification that the rules under the Takeover Code issued by the Securities Commission does not impose any restriction on revisions to the offer price under the proposed selective capital repayment (SCR).
New twist in Seacera boardroom tussle
KUALA LUMPUR: Seacera Group Bhd has clarified substantial shareholder, Datuk Tan Wei Lian had never approached the board to propose any business plan, which includes the sale of the group’s smaller assets and payment of a 10 sen special dividend.