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Business 29 Jun 2019 | 12:00 AM

Short Position

TAN Sri Megat Zaharuddin Megat Mohd Nor lasted only 11 months as chairman of the Federal Land Development Authority (Felda). He was roped in to improve the governance in Felda and resolve its cash-flow problems.

Corporate News 29 Jan 2019 | 12:00 AM

Sarawak tycoon raises stake in Naim to 25.2%

KUCHING: Sarawak tycoon Datuk Amar Abdul Hamed Sepawi has raised his stake in Naim Holdings Bhd by over 9% to about 25.2%, following the completion of the company’s rights issue.

Corporate News 22 Nov 2018 | 12:00 AM

Thailand keen to explore areas of cooperation in SCORE

KUCHING: Thailand is keen to explore potential areas of cooperation with Sarawak, especially in the Sarawak Corridor of Renewable Energy (Score), said its Ambassador to Malaysia, Narong Sasitorn.

Banking 01 Nov 2018 | 12:00 AM

Kenanga-Interpac deal is off

PETALING JAYA: Kenanga Investment Bank Bhd’s proposed deal to acquire stockbroker Inter-Pacific Securities Sdn Bhd (Interpac) has been called off.

e-Commerce 07 Jul 2018 | 12:00 AM

Softening the fall

Since May 9, following the 14th general election, the Malaysian stock market has taken a hit, with companies across various industries seeing their share prices plunge to multi-year lows.

Corporate News 26 May 2018 | 12:00 AM

Kenanga unlikely to pay a premium for Interpac’s stockbroking business

FOLLOWING the change in government, business deals seem to have come to a halt, as the corporate world comes to terms with the positive changes taking place. But that has not stopped Kenanga Investment Bank Bhd from proposing to acquire stock broker Inter-Pacific Securities Sdn Bhd (Interpac).

Corporate News 22 May 2018 | 12:00 AM

Cahya Mata Sarawak share plunge deemed as overdone

PETALING JAYA: Shares in Cahya Mata Sarawak Bhd (CMS) extended sharp losses for a second trading day in a row, crashing below the RM2 level for the first time in almost five years, on contract worries.

Corporate News 05 Dec 2017 | 10:04 AM

Cahya Mata gets six months extension of concession

KUALA LUMPUR: Cahya Mata Sarawak Bhd (CMSB) long term concession to maintain the state roads of Sarawak has been extended by another six months until June next year.

Corporate News 15 Jan 2017 | 8:51 AM

RAM rates AA3 for Cahya Mata Sarawak’s RM2b Islamic debt notes

KUALA LUMPUR: RAM Rating Services Bhd has assigned an AA3/Stable rating to Cahya Mata Sarawak Bhd’s (CMS) proposed RM2bil Islamic medium term notes (MTN) programme (2017/2037).