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PETALING JAYA: Daya Materials Bhd’s independent auditors Messrs Baker Tilly Monteiro Heng PLT have expressed a disclaimer of opinion in its recent financial statement.
KUALA LUMPUR: Daya Materials Bhd’s independent auditors, Messrs Baker Tilly Monteiro Heng PLT, have expressed a disclaimer of opinion in its recent financial statement.
KUALA LUMPUR: Malaysia Building Society Bhd (MBSB) group recorded a modification loss of RM512.61mil for the second quarter ended June 30,2020 due to the moratorium granted to the customers.
PN17, GN3 firms may get extended period to submit plan
KUALA LUMPUR: Bursa Malaysia Bhd will consider granting a further extension of time for companies, which triggered the criteria of Practice Note 17 (PN17) and Guidance Note 3 (GN3) from Jan 2,2019 to Dec 31,2020, to enable them to submit their regularisation plans to the Securities Commission (SC) or the exchange after the 24-month grace period.
PETALING JAYA: Daya Materials Bhd, a Practice Note 17 (PN17)-status company, will get a cash injection of RM4mil from the sale of a stake in its subsidiary Daya Maxflo Sdn Bhd (DMAX).
KUALA LUMPUR: Nationwide Express Holdings Bhd, a PN17 affected issuer, has proposed to dispose its office and warehouse in Shah Alam, Selangor for RM19.4mil to a real-estate company.
KUALA LUMPUR: Borrowers/customers with hire purchase loans and fixed rate Islamic financing will receive a notification from Friday on the steps needed to take to complete the process of deferring their loan/financing payments under the moratorium.
PETALING JAYA: Companies in Malaysia have been battered by the coronavirus disease (Covid-19) pandemic and this has led to the Securities Commission (SC) introducing further relief for public-listed companies in its commitment to ensure continued access to fundraising.
KUALA LUMPUR: Retail investments in the equity market are expected to increase this year, especially with online account activation currently exceeding 10,000, said Securities Commission’s Market and Corporate Supervision executive director, Kamarudin Hashim.