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Rating Agency Malaysia Bhd has upgraded the long-term rating of B>CELCOM (M) BHD/B>'s RM1.10bil I>Al-Bai Bithaman Ajil /I>bonds to AA3 from A2(s) previously.
INGRESS Corp Bhd appears well on its way to becoming a solid company with its strong holdings in the business of automotive components, power engineering and railway electrification.
INDEPENDENT power producer Malakoff Bhd is buying a 90% stake in SKS Power Sdn Bhd from Northern Power Sdn Bhd for RM835mil cash. The acquisition will enable Malakoff to expand its power generation capacity to 3,595 MW from 1,705 MW now.
THE rating of TH GROUP BHD#8217;S RM150mil Al-Bai Bithaman Ajil Islamic debt securities (BaIDs) facility has been affirmed at AID (Single A, Islamic debt).
INDEPENDENT power producer Powertek Bhd is looking to expand its business in Malaysia and the Asean region, said executive director Dr Ong Peng Su.
THE domestic power sector may offer scarce opportunities to many companies seeking to expand, but that is not quite the impression one gets of Malakoff Bhd.
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