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SELLING the Malaysia Airlines (MAS) growth story after so many turnarounds and restructuring can be tough call. It is tougher when the airline is calling a rights issue to raise RM3.1bil at a time when it is still not out of the woods, and reported only a small net profit of RM37mil for the third quarter of 2012.
The signing of the concession agreement for the West Coast Expressway is on the horizon and should not take much longer, said IJM Corp Bhd chairman Tan Sri Krishnan Tan.
IJM Corp Bhds entry into Scomi Group Bhd did take the market by surprise, but this is not the first time the construction giant has entered into so called strategic acquisitions.
THE road to realising the West Coast Expressway (WCE) - which Kumpulan Europlus Bhd (KEuro) through its subsidiary has the mandate to build - has proved to be a tough journey.
KUALA LUMPUR: Malaysia Airlines (MAS) and AirAsia Bhd inked a landmark deal yesterday that is set to reshape the aviation industry. By co-operating to leverage on their core strengths and expertise, the two carriers plan to lower competition and cut costs in the areas of aircraft purchases, engineering, ground support services, cargo services, catering and training.