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Corporate News 09 Apr 2016 | 12:00 AM

Challenges pile on for TH Heavy

Company to replenish order book with onshore fabrication and other non-O&G-related projects amid weak oil prices

Corporate News 09 Apr 2016 | 12:00 AM

Maybulk riding wave of commodity rally

Its share price surge reflects improving sentiment

Nation 09 Apr 2016 | 12:00 AM

Back pay for ex-veep whose contract was not renewed

KUALA LUMPUR: A former vice-president of a company was awarded RM543,200 in back wages and compensation after an Industrial Court held that his dismissal by his employer on grounds that his contract had expired was unjustified.

Corporate News 09 Apr 2016 | 12:00 AM

FGV aborts plan to buy 55% stake in Zhong Ling

KUALA LUMPUR: Felda Global Ventures Holdings Bhd’s (FGV) unit, Felda Global Ventures Downstream Sdn Bhd (FGVD), has called off its proposed RM976.25mil acquisition of a 55% stake in China-based edible oil producer Zhong Ling Nutril-Oil Holdings Ltd.

Nation 09 Apr 2016 | 12:00 AM

Transfer order out next week for 50 in ‘sensitive posts’

PUTRAJAYA: The transfer order for the 50 civil servants holding “sensitive posts” will be out in a week, and more personnel are being identified for the rotation of service policy.

Corporate News 08 Apr 2016 | 4:55 PM

Bursa highlights for Fri, April 8

Among companies that made notable announcements on Friday were CLIQ ENERGY, ECONPILE, FELDA GLOBAL VENTURES, K & N KENANGA, PERAK CORP, and TAN CHONG MOTOR. Also included here is news on AMMB HOLDINGS.

Corporate News 08 Apr 2016 | 1:07 PM

CLIQ Energy CEO and CFO’s employment period extended

KUALA LUMPUR: The employment contracts for CLIQ Energy Bhd managing director/chief executive officer Ahmad Ziyad Elias and chief financial officer Kamarul Baharin Albakri, due to expire on Saturday (April 9), have been extended.

Corporate News 08 Apr 2016 | 11:51 AM

FGV unit scraps plan to buy 55% stake in China’s Zhong Ling

KUALA LUMPUR: Felda Global Ventures Holdings Bhd’s (FGV) unit Felda Global Ventures Downstream Sdn Bhd (FGVD) has called off its proposed RM976.25mil acquisition of a 55% stake in China-based edible oil producer Zhong Ling Nutril-Oil Holdings Ltd.

World 08 Apr 2016 | 7:26 AM

Brazil builder executives say Rousseff campaign used kickbacks - paper

BRASILIA (Reuters) - Brazilian President Dilma Rousseff's government rejected new accusations on Thursday that her election was illegally funded with graft money and expressed confidence it can block an attempt to impeach her.

Nation 08 Apr 2016 | 6:17 AM

PSD: Sensitive-post officers cannot appeal against transfer

PUTRAJAYA: Appeals against transfer will not be entertained from the 50 officers holding sensitive posts in various ministries who will be involved in a transfer exercise to avoid leakages, said Public Service Department director-general Tan Sri Mohamad Zabidi Zainal.