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KUALA LUMPUR (Bernama) -- Mah Sing Group Bhd today launched its ‘Eazy To Own’ sales campaign covering the group’s new and completed residential projects nationwide.
HERZOGENAURACH (Reuters) - German sportswear makers Adidas and Puma have both warned that the coronavirus outbreak was hurting their business in China due to store closures and fewer Chinese tourists travelling and shopping in other markets.
KUALA LUMPUR: Widad Group Bhd has proposed to acquire the concession holder for the development and maintenance of Universiti Teknologi MARA campus in Jasin, Melaka for RM127mil.
KUALA LUMPUR: An EGM called by Tiger Synergy Bhd's board of directors, scheduled to be held on Thursday, was declared invalid by the Kuala Lumpur High Court.The Court today also ruled that any adjournment of the special shareholders' meeting, if convened, would be invalid and void."The company is seeking legal advice in respect of the said decision and the company will make further announcement on the development of the above matter as and when necessary," Tiger Synergy said in filing with Bursa Malaysia today.Earlier this week, it was reported that Safari Alliance Sdn Bhd (SASB), a substantial shareholder of Tiger Synergy, had filed a suit seeking to invalidate the EGM.SASB claimed that the call for the Feb 20 EGM was issued by the current TSB board of directors after SASB had exercised its independent statutory rights as a substantial shareholder to convene an EGM on March 2, 2020.SASB had called for an EGM to replace the current directors of Tiger Synergy.
KUALA LUMPUR: Kim Loong Resources Bhd is buying close to 2,900 acres of fully cultivated palm oil plantation in Kinabatangan, Sabah for RM92.5mil cash.
HONG KONG: A unit of a Chinese state-owned power company is seeking a HK$5 billion ($644 million) one-year loan that will refinance an earlier 2018 deal after the company breached a default clause, according to people familiar with the matter.
DUBAI: Qatar Airways increased its holding in British Airways parent IAG SA to more than a quarter of the stock, tightening its grip on the European group after expansion in the Gulf was thwarted by a Saudi-led embargo.
HONG KONG (Bloomberg) -- A growing number of China’s private companies have cut wages, delayed paychecks or stopped paying staff completely, saying that the economic toll of the coronavirus has left them unable to cover their labor costs.
KUALA LUMPUR: Destini Bhd plans to provide jetty and port operations to mining companies following its unit's purchase of a stake in Indonesian company PT Muara Badak Perkasa (PT MBP) for S$4mil (RM12mil) via the offer of new shares.
KUALA LUMPUR: Shares of KKB Engineering Bhd shot up after the opening bell on Wednesday, climbing 7.85% or 15 sen to RM2.06.