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MORE restructuring of highway operators is likely following the proposed takeover of four highway concessionaires linked to Gamuda Bhd by Amanat Lebuhraya Rakyat Bhd (ALR).
PETALING JAYA: Engineering services company Serba Dinamik Holdings Bhd has been downgraded by Malaysian Rating Corp Bhd (MARC) after failing to meet a coupon payment again.
KUALA LUMPUR: Farm Fresh Bhd, which is enroute to the Main Market of Bursa Malaysia, has posted a revenue of RM116.7mil and profit after tax (PAT) of RM11.8mil for the third quarter financial year ending March 31,2022.
FOR decades, recessions have often been linked to a sudden surge in crude oil prices.
THE government expects the economy to grow by 5.5% to 6.5% in 2022, up from last year’s modest expansion of 3.1%. MARC Ratings Bhd’s forecast of 5.7% thus comes in within the ballpark of the government forecast.
KUALA LUMPUR: KPJ Healthcare Bhd has made a return to the sukuk market with its maiden offering of sukuk wakalah of RM650mil under its RM3bil sukuk wakalah programme.
THE debate over the special Employees Provident Fund (EPF) withdrawals, amid the Covid-19 pandemic and monsoon surge, continues after so long as themes like sudden income loss and pension adequacy appear to dominate the discussion. More often than not, the arguments are generally inductive, but valid nonetheless.