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PETALING JAYA: Despite lower revenue, Magnum Bhd has returned to the black with a net profit of RM48mil in the third quarter ended Sept 30, driven by lower net loss of investment holding and other divisions.
KUALA LUMPUR: Magum Bhd posted a net profit of RM48mil in the third quarter ended Sept 30,2019 compared with net loss of RM70.51mil a year ago.
PETALING JAYA: Magnum Bhd has appointed Krian Upatkoon, son of billionaire and major shareholder Tan Sri Surin Upatkoon, as its executive director.
Courier company’s earnings expected to be flat in financial year 2019
PUTRAJAYA: Taxpayers who do not have foreign bank accounts need not worry if they receive a letter or e-mail from the Inland Revenue Board (IRB) under the Special Voluntary Disclosure Programme (PKPS).
(Reuters) - A federal judge in Texas on Friday ruled the Affordable Care Act, commonly known as Obamacare, was unconstitutional based on its mandate requiring that people buy health insurance, a decision in a case that could reach the U.S. Supreme Court.
PETALING JAYA: The government stands to collect billions of ringgit in tax revenue for next year under the Special Voluntary Disclosure Programme (VDP) announced during Budget 2019, if implemented well.
KUALA LUMPUR: PublicInvest Research is positive over Magnum Bhd's agreed RM95mil settlement of a disputed tax penalty with the Inland Revenue Board.
SIME Darby Bhd exceeded expectations as the full-year core net profit came in 10% and 4% above the analysts’ and Bloomberg consensus for the financial year 2018 (FY18) forecasts.
KUALA LUMPUR: Kenanga Research said gaming companies, especially number forecast operators (NFO) have managed to outperform the overall markets over the past three months due to the tax holiday following the zero-rating of the Goods and Services Tax.