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Izwan Idris

izwan@thestar.com.my

Recent and archived articles by Izwan Idris

24 Aug 2018 | 2:04 PM

Sapura Energy’s massive RM4bil cash call triggers steepest share price plunge on record (updated)

KUALA LUMPUR: Shares in Sapura Energy Bhd slumped to a near all-time low, as investors fled on news that the oil and gas contractor is planning to launch a massive RM4bil cash call.

Its president and group CEO Tan Sri Shahril Shamsuddin said: “Sapura Energy is in a strong growth phase today and we are determined to capitalise on the emerging opportunities. "
30 Jul 2018 | 7:00 AM

Blame game in LRT3 project

PETALING JAYA: Syarikat Prasarana Negara Bhd and the project delivery partner (PDP) are blaming each other for the cost escalation in the Light Rail Transit 3 (LRT3) project.

27 Jul 2018 | 7:00 AM

Latest round of feuding between AirAsia and MAHB

PETALING JAYA: A public spat in corporate Malaysia escalated when AirAsia Bhd claimed that it had made significant contributions to Malaysia Airports Holdings Bhd’s (MAHB) revenue growth.

Any growth AirAsia experiences directly contributes to MAHB’s coffers,” AirAsia Malaysia CEO Riad Asmat(pic) said in a statement yesterday
9 Jul 2018 | 7:00 AM

Go for high dividend yield stocks

PETALING JAYA: Investors should stick to high dividend yielding counters with strong earnings growth prospects to ride out the current volatility in the stock market, says MIDF Research.

Top stocks: A man watches trading boards at a private stock market gallery in Kuala Lumpur. High on MIDF Research’s list of recommendations for the third quarter are Bermaz Auto Bhd and Malayan Banking Bhd, as well as Mah Sing Group Bhd and UOA Develeopment Bhd. — AP
4 Jul 2018 | 7:47 PM

CCCC is disappointed with ECRL suspension order

KUALA LUMPUR: China Communications Construction Company (CCCC), the contractor for the East Coast Rail Link (ECRL), is upset that the government has suspended all work on the project.

13 Jun 2018 | 12:32 AM

At least RM15bil to be shaved from ECRL

PETALING JAYA: At least RM15bil will be shaved off from the East Coast Rail Link (ECRL) project from its projected cost of RM55bil for the railway track stretching from Port Klang to Pengkalan Kubor in Kelantan.

13 Jun 2018 | 12:30 AM

CCCC has placed bank guarantees of RM10b with MRL

PETALING JAYA: China Communications Construction Co (CCCC) has furnished Malaysia Rail Link Sdn Bhd (MRL) with RM10bil of bank guarantees as commitment for it to complete the East Coast Rail Link (ECRL) project.

7 Jun 2018 | 7:00 AM

Ismail Bakar is tipped to be new MoF sec-gen

PETALING JAYA: Datuk Seri Ismail Bakar is set to be appointed as the top bureaucrat at the Treasury, taking over the post left vacant following the removal of Tan Sri Mohd Irwan Serigar Abdullah last month, as the government steps up efforts to clean up the financial mess left by the previous administration.

Ismail (left) welcoming newly appointed Agriculture and Agro-Based Industry Minister Salahuddin Ayub (right) to the ministry on May 23 - Bernama
6 Jun 2018 | 10:00 PM

Ismail Bakar is tipped to be new Treasury sec-gen


PETALING JAYA: Datuk Seri Ismail Bakar is set to be appointed as the top bureaucrat at the Treasury, taking over the post left vacant following the removal of Tan Sri Mohd Irwan Serigar Abdullah last month, as the government steps up efforts to clean up the financial mess left by the previous administration.

Ismail (left) welcoming newly appointed Agriculture and Agro-Based Industry Minister Salahuddin Ayub (right) to the ministry on May 23 - Bernama
23 May 2018 | 6:43 PM

WCT says higher margin civil works to sustain growth

KUALA LUMPUR: WCT Holdings Bhd, the construction firm headed by executive chairman Tan Sri Desmond Lim Siew Choon, posted a 17% jump in net profit to RM38.38mil in the first quarter ended March 31.

WCT has an impressive RM5bil order book that includes infrastructure and roadway projects at Tun Razak Exchange (TRX) - Bloomberg

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