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KUALA LUMPUR: Lembaga Tabung Angkatan Tentera (LTAT), the controlling shareholder of Boustead Holdings Bhd, is considering a proposal to privatise the company at 80 sen a share.
KUALA LUMPUR: Loss-making G3 Global Bhd, which exited the apparel business to venture into artificial intelligence (AI) and mobility business, sees a turnaround after posting net losses of RM2.11mil in the first quarter ended March 31,2020.
KUALA LUMPUR: The ringgit ended slightly lower against the US dollar on Thursday amidst the decline in global crude oil prices, a dealer said.
KUALA LUMPUR: S&P Global Ratings has affirmed the 'BBB+' Ratings with a stable outlook for Tenaga Nasional Bhd as it expects the financial profile to remain supported by regulated revenues with limited demand risk.
KUALA LUMPUR: ViTrox Bhd’s net profit fell by 10.8% to RM21.06mil in the first quarter ended March 31,2020 from RM23.61mil a year ago due to unfavourable sales mix and it expects a challenging year.
KUALA LUMPUR: Ho Hup Construction Bhd's net profit increased two-fold to RM15.85mil in the first quarter ended March 31, 2020 as compared to the previous corresponding quarter due to the recognition of progressive billngs and sales in the property development division.
KUALA LUMPUR: Mega First Corporation Bhd reported first quarter net profit of RM57.40mil, boosted by energy sales revenue from the Don Sahong project in Cambodia which was completed in early of the fourth quarter last year.
KUALA LUMPUR: Bursa Malaysia picked up steam in the afternoon session as it moved further afield of the 1,450 level even as tensions between the US and China soured regional market sentiment.
KUALA LUMPUR: Infrastructure sectors in Asia have remained attractive to institutional investors despite the uncertain funding environment, says a Moody's Investors Service report.