Axiata entered the Nepal market with its local partner, Sunivera Capital Ventures Pte Ltd, holding 20% direct local shareholding in Ncell, as required under local law.
Mah Sing posts Q2 profit of RM88.8m: Mah Sing Group Bhd
saw its net profit dip 1.8% to RM88.8mil in the second quarter compared with RM90.49mil in the same period a year ago. Its revenue at RM773.89mil, down from RM780.48mil. Earnings per share stood at 3.69 sen per share compared with 3.77 sen previously. — StarBiz
Matrix Concepts earnings jump 74%: Property developer Matrix Concepts Holdings Bhd’s net profit jumped 73.9% to RM51.9mil for the three months ended June 30, 2016, on higher revenue recognition from sales of residential and commercial properties. Its revenue increase 62.9% to RM196.2mil. The group’s net earnings per share rose to 9.2 sen from 6.5 sen previously. The group declared a first interim single-tier dividend of 3.25 sen. — StarBiz
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