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KUALA LUMPUR: The trading frenzy eased off in late afternoon on Thursday as heavy churning of penny stocks took a breather while the FBM KLCI failed to hold on to its gains.
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.
Ernst & Young raises concerns about financial statements
PETALING JAYA: AirAsia Group Bhd needs about RM3bil in new funding and is said to have applied for bank loans in its respective operating countries to shore up liquidity.
WITH the conditional lifting of the MCO from May 4, many businesses will begin to operate, albeit with reduced staffing to comply with social distancing standard operating procedures (SOPs). The government is right to strike a judicious balance between health issues and the economy.
RAM: More rating downgrades likely this year