Complete Logistics plans dividend with stake sale in three subsidiaries for RM85.6mil.
Serba Dinamik has secured an engineering, procurement, construction and commissioning (EPCC) contract in Uzbekistan, worth an estimated US$250.3mil (RM1.05bil).
Tien Wah Press’ 2QFY19 net profit dropped 68.5% year-on-year, on higher costs while Vertice has bagged two contracts worth a combined RM22mil for works on the MRT2.
GHL Systems has obtained operating licences from the respective regulators to commence money lending services in both Malaysia and Thailand.
Sime Darby is acquiring New Zealand's Gough Group Ltd for NZ$211mil (RM572mil) in its largest transaction since the group's pure play restructuring exercise in 2017.
Gough Group, it said, has the Caterpillar dealership with service territory in New Zealand and interests in the transport and materials handling business in New Zealand and Australia;
George Kent has served a notice of arbitration on MRCB over a dispute on financing requirements for their joint venture (JV) company MRCB George Kent Sdn Bhd, which is undertaking the construction of the Light Rail Transit Line 3 (LRT 3).
Uni Wall APS has bagged a contract from Global Façade Sdn Bhd for sub-contract works worth RM83.5mil.
Meanwhile, US markets rallied overnight after the government delayed some tariffs on China.
Earlier, European stocks advanced after easing concerns on the US-China trade war.
“Following the bullish performance in the US and Europe, the FBM KLCI could stage a rebound after bouncing off its support at 1,590 points,” JF Apex said.
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