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Breakfast briefing: Wednesday, September 6
KUALA LUMPUR: Loss-making TH Heavy Engineering Bhd has been given more time by the High Court to finalise a rescue plan with its creditors and it has eight months to submit its regularisation plan.
KUALA LUMPUR: BIMB Holdings Bhd’s share price fell to a low of RM4.35 on Friday on growing worries about financial companies’ exposure to the troubled oil and gas (O&G) companies with debt problems.
KUALA LUMPUR: Blue chips eked out some slight gains early Friday after a hesitant start with FBM KLCI component stock BAT the top gainer after the release of its second quarter results the previous day.
PETALING JAYA: Shares in BIMB Holdings Bhd declined, leading losses among banking stocks on fresh worries about financial firms’ exposure to troubled oil and gas (O&G) companies with debt problems
SHAH ALAM: Muhibbah Engineering (M) Bhd says its operations in Qatar are unlikely to be impacted by the tension between the country and its neighbours.
Survival of O&G fabricators may depend on greater consolidation
THE move to create a new RM3bil fund made up of commitments by our government-linked investment funds needs to be executed with caution.
PETALING JAYA: TH Heavy Engineering Bhd has slipped into Practice Note 17 (PN17) status after the company’s independent auditors expressed a disclaimer opinion on its accounts for the financial year ended Dec 31, 2016.
KUALA LUMPUR: Former chief executive officer of TH Heavy Engineering Bhd Datuk Nor Badli Munawir Mohamad Alias Latfi has claimed trial in two Sessions Court here and Shah Alam to five counts of involvement in money-laundering amounting to RM2.57mil four years ago.