M Hafidz Mahpar

Recent and archived articles by M Hafidz Mahpar

29 Dec 2017 | 10:21 PM

Proton offers dealers incentives to upgrade outlets

KUALA LUMPUR: Four dealers have taken up the incentive support scheme offered by national carmaker Proton Holdings Bhd to upgrade their outlets into one-stop centres.

Proton says more existing Proton dealers are expected to upgrade their outlets. - Bernama pic
29 Dec 2017 | 6:10 PM

Prasarana begins rolling out ‘married’ LRT train sets

KUALA LUMPUR: Prasarana Malaysia Bhd’s subsidiary Rapid Rail Sdn Bhd, which operates the Klang Valley light rail transit (LRT) and Kuala Lumpur monorail lines, plans to fully service its LRT Kelana Jaya Line with four-car trains by 2020.

Zohari and PRIME head of rail capex department Datin Norlia Noah at the assembled section of the ‘married’ train.
28 Dec 2017 | 11:39 PM

BCorp swings to the red on impairment provision, disposal loss

KUALA LUMPUR: Berjaya Corp Bhd (BCorp) continued to bleed red ink in the second quarter (Q2) ended Oct 31, bringing its loss attributable to equity holders to RM189.38mil in the first half-year compared to a profit of RM113.83mil in the previous corresponding period.

28 Dec 2017 | 8:30 PM

MyEG loses appeal against anti-competition penalty

KUALA LUMPUR: The Competition Appeal Tribunal (CAT) has dismissed My EG Services Bhd’s (MyEG) appeal against the Malaysia Competition Commission’s (MyCC) decision to fine it RM2.27mil for allegedly abusing its dominant position in how it managed online foreign workers permit (PLKS) renewals.

26 Dec 2017 | 9:38 PM

Wife of Lysaght’s late founder ceases to be substantial shareholder

KUALA LUMPUR: Lim Iee Kuan, whose late husband Chew Kar Heing founded Lysaght Galvanized Steel Bhd, has ceased to be its substantial shareholder, potentially paving the way for the emergence of a new ultimate holding company for the steel product manufacturer.

26 Dec 2017 | 7:56 PM

Perak Transit gets RM8mil govt grant to build transportation terminal

KUALA LUMPUR: Perak Transit Bhd, which operates Terminal AmanJaya in Ipoh, Perak, has received approval in principle for an RM8.014mil grant from the Government to facilitate the construction of a new public transport terminal in the state, Terminal Kampar.

Perak Transit currently operates Terminal AmanJaya in Meru Raya, Ipoh.
7 Dec 2017 | 5:02 PM

JF Tech appoints ex-Mida deputy CEO as chairman

KUALA LUMPUR: JF Technology Bhd (JF Tech) has appointed former Malaysian Investment Development Authority (Mida) deputy chief executive officer Datuk Phang Ah Tong as chairman effective Jan 1.

In his former role as Mida deputy CEO, Phang assisted in developing the manufacturing and services sectors in Malaysia.
1 Dec 2017 | 7:00 AM

DRB-Hicom earnings soar to RM736.57mil

PETALING JAYA: DRB-Hicom Bhd swung to profitability in the second quarter ended Sept 30, thanks in part to the recognition of the government’s RM1.1bil research and development reimbursement grant to Proton Holdings Bhd.

In its interim financial report, the company said it posted earnings of RM736.57mil compared to a loss of RM309.63mil a year earlier mainly due to the grant to the 50.1%-owned national carmaker and better financial performance of its operating companies
30 Nov 2017 | 9:02 PM

DRB-Hicom turns a profit due to Govt's R&D grant, better performance

KUALA LUMPUR: DRB-Hicom Bhd swung to profitability in the second quarter ended Sept 30, 2017, thanks in part to the recognition of the Government’s RM1.1bil research and development (R&D) reimbursement grant to Proton Holdings Bhd.

The recognition of the Government’s RM1.1bil R&D grant to joint-venture firm Proton Holdings Bhd helps lift DRB-Hicom Bhd’s income in Q2.
30 Nov 2017 | 2:41 AM

M&A Securities resigns as Maxwell’s principal adviser

KUALA LUMPUR: M&A Securities Sdn Bhd has resigned as Maxwell International Holdings Bhd’s principal adviser in relation to its regularisation plan.