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Lebuhraya Kajang-Seremban Sdn Bhd (Lekas), a 50% associate company of IJM Corp Bhd, plans to raise RM1.75bil by selling Islamic bonds and loan stocks to fund the construction of a 44.3km toll highway that will connect Kajang, Semenyih and Seremban.
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.
KUALA LUMPUR: A home-grown talent, Captain Izham Ismail, has been appointed to helm Malaysia Airlines Bhd (MAB) after two non-Malaysians failed to complete their contract period as group chief executive officer (GCEO) of the national carrier.
PETALING JAYA: Malaysia Airlines (MAS) surprised the market when it announced several boardroom changes that included the resignation of seven directors and the appointment of four corporate personalities as independent directors. AirAsia Bhd also welcomed two new directors.