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PETALING JAYA: Engtex Bhd has an order book of over RM150mil that provides earnings visibility for the next two financial years.
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).
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.
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.
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.
ONE fact that keeps research analysts piqued about Sime Darby Bhd is the list of assets the group could hive off.
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.
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.
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.