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KUALA LUMPUR: UWC Bhd, an integrated engineering support services provider, recorded a net profit of RM13.31mil on the back of revenue of RM54.94mil for its second quarter to Jan 31,2020. Earnings per share stood at 3.63 sen.
PORT DICKSON: The newly-launched Tuanku Muhriz Power Station at Jimah near here has the capacity to generate 2,000 megawatts (MW) of electricity, enabling Tenaga Nasional Bhd (TNB) to generate 25,981 MW of electricity in peninsular Malaysia.
CONTINUING its track record of developing industry leading logistics hubs, PKT Logistics Group Sdn Bhd will soon be building its next - the Bukit Kayu Hitam ICD in Kedah.
The company plans to build an international cruise terminal at its Impression City development in Melaka, but can it raise the funds for it?
KUALA LUMPUR: Malaysia’s top prosecutor said he’s ready to ratchet up a criminal case against Goldman Sachs Group Inc for its role in the 1MDB affair by bringing executives of the US bank to court, as the two sides remain far apart following several rounds of settlement talks
PUTRAJAYA: PKT Logistics Group Sdn Bhd, a total logistics service provider, has joined hands with the Finance Ministry to develop a RM200mil truck and inland clearance depot (ICD) at the Kota Perdana Special Border Economic Zone (SBEZ).
LONDON: Eco World International Bhd (EWI) has achieved another milestone with its joint venture partner, UK-based international property developer Ballymore following the “topping out” of its £566mil (RM2.87bil) residential project Wardian London located in London Docklands.
The secret discussions show how China uses its political and financial clout to bolster its position overseas
SHANGHAI: On the sidewalks of Shanghai and Beijing, once bright-yellow Ofo bicycles lie in varying states of disrepair – chains unhooked, wheels buckled and paint starting to fade – reflecting the quick rise and sharp fall of the Chinese bike-sharing startup.
IT is increasingly difficult to describe Low Taek Jho, aka Jho Low, as a fugitive businessman because his business, as alleged by the US Department of Justice (DoJ), seems to be coming up with schemes to divert funds due to 1Malaysia Development Bhd (1MDB).