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KUALA LUMPUR: Fima Corp Bhd is proposing to buy two parcels of leasehold plantation land measuring 3,237ha in Gua Musang, Kelantan, for RM51.5mil.
With Petronas Nasional Bhd (Petronas) reporting a loss after tax of RM21bil for the second financial quarter ended June 30,2020, the outlook for service providers in Malaysia looks even more glum. Local players, however, chose to remain upbeat while acknowledging that the negative impact would be felt by some players.
KUALA LUMPUR: Malaysia Marine and Heavy Engineering Holdings Bhd (MMHE) posted wider net losses of RM397.02mil in the second quarter ended June 30,2020 due to an impairment loss of RM300mil.
PETALING JAYA: IOI Corp Bhd, armed with a war chest of about RM960mil from the disposal of its 70% equity interest in Loders Croklaan, could likely be on an acquisition trail, moving forward.
This is expected to happen by end-August
PETALING JAYA: Inorganic expansion and new build-to-suit site orders will see OCK Group Bhd’s recurring revenue contribution exceeding 80% in financial year 2021 (FY21).
KUALA LUMPUR, July 3 (Bernama): The outlook for oil prices outlook will continue to be uncertain, largely driven by the double jeopardy of a slowdown in demand and unabated supply from producers, said Sapura Energy Bhd.
STEEL structure and civil construction firm Eversendai Corp Bhd finally inked the sale agreement this week for the significant related party transaction it had first announced in February.
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