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More than 10-fold rise in Lagenda quarterly net profit
PETALING JAYA: Lagenda Properties Bhd’s net profit soared more than 10 times to RM49.8mil for the third quarter ended Sept 30, from RM4.6mil in the corresponding quarter last year.
M’sia-Thailand border trade
BANGKOK: Border trade between Malaysia and Thailand in the first nine months of the year fell 17.23% to 175.10 billion baht (100 baht = RM13.50) as border closure to curb the spread of Covid-19 has disrupted normal economic activities.
M’sian-born tycoon invites the world to share his A$88bil private city
KUALA LUMPUR: The journey from Negri Sembilan to Queensland, Australia, can take a day if you travel by plane, but for Maha Sinnathamby, it has taken a lifetime.
Trading ideas: Tiger Synergy, Daya Materials, Paramount, KNM, Maxis, MMHE
KUALA LUMPUR: JF Apex Research expects Tiger Synergy Bhd, Daya Materials Bhd, Paramount Corp Bhd, KNM Group Bhd, Maxis Bhd and Malaysia Marine and Heavy Engineering Holdings Bhd to be among the stocks to watch on Monday.
Changing Umno to keep it relevant
Party members and grassroots supporters want to see it become a credible check and balance to the Pakatan Harapan government.
Tensions to rise between PM, Umno
HE had dropped off the radar screen the last six months but Datuk Seri Dr Ahmad Zahid Hamidi has returned with a bang.
LTAT results overstated
PETALING JAYA: The government has exposed yet another financial discrepancy by a government-linked investment company that took place under the previous Barisan Nasional administration, a few months after serious financial mismanagement practices were unearthed in the Muslim pilgrimage fund Lembaga Tabung Haji.
AZRB secures RM150mil project
KUALA LUMPUR: Ahmad Zaki Sdn Bhd, a wholly-owned subsidiary of Ahmad Zaki Resources Bhd (AZRB), has accepted a letter of award (LOA) for a RM150 million contract from Rantau Properties Sdn Bhd.
Ahmad Zaki units bag RM150.5mil contract
KUALA LUMPUR: Ahmad Zaki Resources Bhd has bagged a RM150,5mil contract from Rantau Properties Sdn Bhd.
Treasury Pulse
The US dollar clawed back losses to gain 0.02% to 97.0 by the end of the week, largely due to an overnight selloff in the US stock market with the Dow Jones plunging 2.3% to 25,387 amid crude oil descending into the bear market.