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KUALA LUMPUR: Protasco Bhd's unit Sun Rock Development Sdn Bhd has entered into a contract to dispose of three pieces of commercial land to NSK Property Sdn Bhd for RM16.72mil cash.
AN unexpected cash crunch situation could be a common scenario for a growing number of people even as the country attempts to get past and stay ahead of the Covid-19 economic impact.
KUALA LUMPUR: AirAsia Group Bhd, which plans to shore up its liquidity to ensure sufficient cashflow, has received support from certain financial institutions for its funding request of more than RM1bil.
KUALA LUMPUR: Malayan Banking Bhd and Credit Guarantee Corporation (CGC) have allocated RM1bil for their joint SME Clean Loan/Financing Plus to help small and medium enterprises (SMEs) in the cashflow management after months of disruption to their business.
Ernst & Young raises concerns about financial statements
FOR 35-year-old Sam, who works as an engineer in the aviation sector, the past few months have been distressing to say the least.
The debt moratorium for borrowers was the centrepiece of the economic rescue package that was first announced on March 24.