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Maemode gets notice for job termination
PETALING JAYA: Malaysian AE Models Holdings Bhd (Maemode) said its wholly owned unit Matromatic Handling Systems (M) Sdn Bhd had, on July 24, received a notice of termination from UEM-Bina Puri joint venture for its services in the baggage handling and sortation system at the main terminal building of KLIA2.
Malaysian AE hit by KLIA2 delay
MALAYSIAN AE Models Holdings Bhd (Maemode) could very well be the first major public-listed company that’s been hurt the most as a result of the delay in the opening of the KLIA2.
Malaysian AE Models inches up, suspension looms
KUALA LUMPUR: Shares of Malaysian AE Models Holdings Bhd (Maemode) rose 10% on Thursday in active trade ahead of its suspension on Friday.
RHBCap hit by downgrade, Maybank spared
PETALING JAYA: Malaysian AE Models Holdings Bhd (Maemode) defaulted on its RM100mil term loan with two local banks, but the impact was felt more profoundly at RHB Bank Bhd than Malayan Banking Bhd (Maybank) because of its smaller loan base.
Malaysian AE Models to be suspended from Friday
KUALA LUMPUR: Trading in the securities of Malaysian AE Models Holdings Bhd (Maemode) will be suspended from this Friday.
Malaysian AE Models tumbles 67% to 10 sen after declared PN17
KUALA LUMPUR: Shares of Malaysian AE Models Bhd (Maemode) fell 67.2% in early Friday trade to 10 sen after it was declared a Practice Note 17 company following the default in the repayment of its loan.
Maemode, partners win RM108mil job
KUALA LUMPUR: Malaysian AE Models Holdings Bhd's (Maemode) and its consortium partners have secured a contract worth US$33.8mil (RM107.7mil) from PT Kariangau Power from Indonesia.
Blue chips slip into the red at midday
Blue chips reversed into the red at midday on Friday as Tenaga, TM International and DiGi came under mild selling pressure; mirroring the weaker Asian markets on the delay about the US government's US$700bil bailout plan.
Genting, Sime lift blue chips
The market got off on a firm start on Friday, as some buying of index-linked stocks like Genting and Sime Darby lifted the 100-stock KL Composite Index but Asian markets were mostly lower.
