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Matrix enters JV for school rationalisation plan

KUALA LUMPUR: Matrix Global Education Sdn Bhd (MGE), a subsidiary of Matrix Concepts Holdings Bhd, has partnered Bonanza Educare Sdn Bhd in a bid to rationalise and reorganise the operations of its Matrix brand of schools.

According to a filing with the stock exchange, Bonanza has the requisite experience and expertise in the education industry for the setting-up, operation and management of Matrix Global Schools.

Thai bank CEO takes voluntary personal leave

KUALA LUMPUR: CIMB Group Holdings Bhd said the head of its banking unit in Thailand, Kittiphun Anutarasoti, has taken voluntary personal leave from all his positions in the group due to personal reasons.

TH lodges third police report on 2017 financial accounts

KUALA LUMPUR (Bernama): The new board and management of Lembaga Tabung Haji (TH) has lodged its third police report relating to its 2017 financial accounts and how representations by key executives led to the declaration of hibah against the Tabung Haji Act 1995.

Netx to raise RM15.36mil for GEM upgrade

KUALA LUMPUR: Technology company Netx Holdings Bhd has proposed to raise as much as RM15.36mil by placing out 1 billion new shares in the company to independent third party investors.

SEA Hibiscus appoints RISC to undertake audit on North Sabah PSC

KUALA LUMPUR: Hibiscus Petroleum Bhd's wholly-owned unit, SEA Hibiscus Sdn Bhd, had on November 2018 appointed RISC Advisory Pty Ltd to undertake an independent audit and provide an assessment of reserves and contingent resources within the Barton, St Joseph, South Furious and SF 30 oil fields in the North Sabah PSC, offshore Sabah.

Quick Take: Brake on car sales

KUALA LUMPUR: Automobile sales are expected to see flat growth this year due to moderate economic growth, tighter lending rules, less disposable income and a weak ringgit.

For this year, the MAA forecasts a marginal 0.21% growth to 600,000 units

Matrix Concepts enters JV for schools rationalisation plan

KUALA LUMPUR: Matrix Global Education Sdn Bhd (MGE), a subsidiary of Matrix Concepts Holdings Bhd, has partnered Bonanza Educare Sdn Bhd in a bid to rationalise and reorganise the operations of the Matrix brand of schools.

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