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Corporate News 11 Nov 2014 | 12:00 AM

DRB-Hicom to buy over Gading Sari for RM72mil

PETALING JAYA: DRB-Hicom Bhd unit KL Airport Services Sdn Bhd (KLAS) will acquire air cargo player Gading Sari Aviation Services Sdn Bhd from a group of shareholders for RM72mil cash, or RM4.80 per Gading Sari share.

Business 01 Aug 2007 | 12:00 AM

I&P to launch Alam Sari township

Island Peninsular Bhd (IP) plans to launch a new township, Alam Sari, in Bangi with a gross development value (GDV) of RM861mil by year-end.

Corporate News 14 Feb 2018 | 12:00 AM

Seacera buys stake in construction firm

PETALING JAYA: Seacera Group Bhd has proposed to acquire a 70% stake in a construction outfit, Teras Sari Resources Sdn Bhd (TSRSB), which has just been awarded a RM338.14mil contract to upgrade road in Pekan, Pahang.

Analyst Reports 12 Nov 2014 | 12:00 AM

Highlight on DRB-Hicom air freight operator deal

AMRESEARCH has maintained a ‘buy” call on DRB-Hicom with a target price of RM3.60 based on a 15% discount to its sum-of-parts value of RM 4.25 per share. According to AmResearch, KL Airport Services Sdn Bhd (KLAS), a subsidiary of DRB-Hicom is acquiring Gading Sari, air freight operator for RM72mil cash.

Business 05 Nov 2007 | 12:00 AM

New township by I&P

ISLAND Peninsular Bhd's (IP) latest township development in Bangi, Alam Sari, will have a new concept: academia.

Business 11 Jul 2019 | 1:05 AM

Domestic airfares soar in Indonesia despite government price cap

SINGAPORE/JAKARTA: When Resti Novita Sari booked to fly from Jakarta to her hometown of Padang to visit family for the Eid holiday, airfares were 40% to 60% higher than she had paid in previous years.

Business 05 Apr 2018 | 12:00 AM

Bursa reprimands Seacera for violating disclosure rule

PETALING JAYA: Seacera Group Bhd, a tile manufacturer and property company, has been publicly reprimanded by Bursa Malaysia for the violation of a disclosure rule when reporting one of its quarterly financial results.

Business 13 Jul 2007 | 12:00 AM

Support for Sabah CM

Three groups representing Sabah's business community have voiced their support for Chief Minister Datuk Musa Aman and they want him to continue leading the state's administration.

Business 27 Oct 2018 | 12:00 AM

Seacera shares tumble after bank-forced selling

PETALING JAYA: Seacera Group Bhd’s shares tumbled after bank-forced selling by its major directors.

Business 14 Jun 2006 | 12:00 AM

Pos Malaysia may sell stake in Transmile if price is right

Pos Malaysia Services Holdings Bhd (PSH) may consider selling its stakes in Transmile Group Bhd if the price is right, said chairman Tan Sri Adam Kadir.