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IT is already strange that a company has to be suspended because of criminal investigations into its premises. It’s even worse when its fundamentals are impacted due to the police investigations.
LOSS-MAKING Avillion Bhd has received an offer for its land in Port Dickson from a China-based investment group.
THE king of fruits has made quite a stir in the market in recent years. Prices of durian continue to spike with each passing season and demand is set to grow, both locally and internationally.
PETALING JAYA: Singapore-based private equity firm Kendall Court has bought another 35 million shares in the international telecommunications and technology firm, Green Packet Bhd, raising its stake to over 10%. On Friday, stock filings showed that Kendall Court paid around 85 cents apiece of Green Packet stock in an off-market transaction.
AS a result of owners not collecting their strata titles, which involve stamp duty payments and registration fees, the government is not receiving revenue, which may run into millions of ringgit, in a timely manner.
GOLD is continuing its winning streak from last year.
KUALA LUMPUR: Axiata Group Bhd, which returned to the black in the fourth quarter of financial year ended Dec 31,2019 (4Q19), is in talks with 11 potential partners to bid for a digital banking licence from Bank Negara.
REVIEW: Bursa Malaysia endured a losing streak amid downgrades on economic growth in the region as analysts and central banks weighed the impact of the Covid-19 outbreak over the coming quarters.
KoKUALA LUMPUR: Kossan Rubber Industries Bhd expects higher production and improved operating efficiency to drive growth this year after earnings rose 13% in the financial year ended Dec 31,2019 (FY19).
KUALA LUMPUR: Facing competitive pressures, Telekom Malaysia Bhd (TM) expects its revenue to dip slightly again for the financial year ending Dec 31,2020.