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KUALA LUMPUR: MMC Corp Bhd posted weaker earnings in the third quarter ended Sept 30, as improved results from its port and logistics operations were offset by lower contributions from its engineering and utilities division.
PETALING JAYA: Malakoff Corp Bhd registered a 46.2% decline in net profit to RM50.8mil in the third quarter ended Sept 30,2020, as compared to RM94.5mil in the corresponding quarter last year.
KUALA LUMPUR: Independent power producer Malakoff Bhd's net profit fell by 46.2% to RM50.80mil in the third quarter ended Sept 30 due to lower contributions from its coal plants and absence of one-off gains a year ago.
A RAFT of corporate earnings is scheduled for release this week as the third-quarter results season reaches a close.
PETALING JAYA: DRB-Hicom Bhd is expected to incur minimal financial impact from its recent proposed purchase of a piece of land in Melaka
KUALA LUMPUR: DRB-Hicom Bhd's RM240mil acquisition of land from Tradewinds Plantations Bhd appears to be reasonable compared with two recent transactions by Apex Healthcare Bhd and Malakoff Corp Bhd, says AmInvestmentment Bank research.
KUALA LUMPUR: Utility and infrastructure group MMC Corp is reviving an initial public offering plan for its port assets, which could be the biggest listing in the country since 2012, according to people familiar with the matter.
Fuaad will leave his post as Malakoff head by month-end
KUALA LUMPUR: UMW Holdings Bhd has named Datuk Ahmad Fuaad Mohd Kenali as its new president and group chief executive officer (CEO) effective Nov 1, the automotive company said today.