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KUALA LUMPUR: Sumatec Resources Bhd surged 250% in early trade Wednesday after its business partner, CaspiOilGas LLP (COG) has successfully defended against claims from creditors at the Supreme Court of the Republic of Kazakhstan.
IN the developing highway saga, the billion-dollar question is what will happen to PLUS – also known as the North-South Expressway (NSE) – in light of the government’s attempt to abolish toll roads?
KUALA LUMPUR: Tan Sri Halim Saad disposed of 62.748 million shares of Sumatec Resources Bhd at an average price of one sen each on Jan 18, which was an all-time low for the shares.
KUALA LUMPUR: Shares of Sumatec Resources Bhd plunged 33.33% in early trade Monday after its largest shareholder Tan Sri Halim Saad has been seen paring down his stake in the company.
KUALA LUMPUR: JF Apex Research expects DKSH Holdings (M) Bhd, WCT Holdings Bhd, Muhibbah Engineering (M) Bhd and Sumatec Resources Bhd to generate trading interest on Monday following their latest corporate news.
KUALA LUMPUR: Prominent lawyer Tan Sri Muhammad Shafee Abdullah has filed an application to recuse lead prosecutor Datuk Seri Gopal Sri Ram from heading the prosecution team in his money-laundering case involving RM9.5mil.
ALOR SETAR: Kedah Ruler Sultan Sallehuddin Ibni Almarhum Sultan Badlishah and Sultanah of Kedah Sultanah Maliha Almarhum Tengku Ariff underwent the “Istiadat Siram Tabal” (royal bathing ceremony) at Dataran Kepala Tanjung, Istana Anak Bukit here.
THERE are government-linked companies (GLCs) and Ministry of Finance (MoF) owned companies that need to be cleaned up. But in the process, those executives who are performing should not be shown the door.
THE Malaysian public sector has seen some changes over the years since the 1970s.