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Engtex RM150mil order book provides earnings visibility
PETALING JAYA: Engtex Bhd has an order book of over RM150mil that provides earnings visibility for the next two financial years.
What now for Bumi Armada?
Things were beginning to look up for Bumi Armada Bhd after it refinanced some of its debts and returned to the black in the third quarter ended September last year (3QFY19).
Felcra to revive stalled RM1b Semarak20 project
PETALING JAYA: Felcra Bhd has secured a new source of funding to fully revive its stalled RM1bil Semarak20 mixed property development project located along Jalan Semarak in Kuala Lumpur.
Malakoff’s latest asset disposal to pare down its RM15bil debt
WITHIN the corporate Malaysia circle, the high indebtedness of companies linked to billionaire Tan Sri Syed Mokhtar Albukhary is widely known and have been much discussed.WITHIN the corporate Malaysia circle, the high indebtedness of companies linked to billionaire Tan Sri Syed Mokhtar Albukhary is widely known and have been much discussed.
Reaffirmation of credit ratings proves PH govt's ability to govern, Guan Eng says
KUALA LUMPUR: The reaffirmation of Malaysia’s sovereign credit ratings by international ratings agencies is proof that Pakatan Harapan (PH) is capable of administering the country, despite the financial constraints inherited from the previous government.
Sime’s asset disposal poser
ONE fact that keeps research analysts piqued about Sime Darby Bhd is the list of assets the group could hive off.
BP CEO Dudley draws up plans to step down next year
LONDON: BP chief executive officer Bob Dudley is drawing up plans to step down next year, ending a tumultuous decade at the helm of the oil and gas company that swung from near collapse in 2010 to rapid growth today, sources close to the company said.
Quick take: Mulpha shares up on asset disposal move
KUALA LUMPUR: Shares of Mulpha International Bhd rose this morning, after the group said it planned to dispose of its resort in Australia for RM188mil.
What’s best for Malaysia Airlines, and can it be saved?
One of the billion dollar questions facing the Malaysian government today is to figure out which party to pick as the partner to revive the national airline.
Maybank IB Research retains hold for IJM Corp
KUALA LUMPUR: Maybank Investment Bank Research is retaining its hold recommendation for IJM Corporation with an unchnaged realised net asset value (RNAV) target price of RM2.10.