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PETALING JAYA: With only two out of nine listing applications approved in the third quarter, the Securities Commission (SC) is sending out a strong signal about its strictness in vetting companies. 'It does seem as if the SC has become more stringent about IPO applications,' said the head of corporate finance at a local investment bank.
Berjaya Corporation Bhd's subsidiary Bermaz Motor Sdn Bhd is teaming up with Mazda Corporation of Japan to undertake a manufacturing programme in Malaysia to produce Mazda cars in Malaysia.
PETALING JAYA: Berjaya Corp Bhd's subsidiary, Bermaz Motor Sdn Bhd, has teamed up with Mazda Corp of Japan to undertake a manufacturing programme to produce and distribute Mazda cars in Malaysia.
PETALING JAYA: Berjaya Corp Bhd’s net profit fell to RM1.03mil in the third quarter ended Jan 31, 2013 from RM15.28mil in the same quarter last year. Revenue for the quarter also dropped to RM1.767bil representing a 2.2% fall from RM1.807bil in the previous year.