Khazanah 2020 profit falls 61% to RM2.9b, declares RM2b dividend to government
Khazanah said the impact of the Covid-19 pandemic led to higher impairments of RM6 billion.
Advancecon bags RM14.6m ECRL subcontract
Advancecon said its wholly-owned unit Advancecon Infra Sdn Bhd (AISB) has accepted the Letter of Acceptance from China Communications Construction (ECRL) Sdn Bhd for the appointment.
AmBank's RM2.83b settlement to govt on 1MDB matters negotiated in just 'a few days', bank tells analysts
The short negotiation period came as a surprise, given such a sizeable settlement, which is equivalent to just below 30% of AmBank's market capitalisation of RM9.52 billion.
What Malaysia wants to achieve through the 10-year Digital Economy Blueprint
The 10-year road map aims to transform Malaysia into a digitally-driven, high-income nation and a regional leader in the digital economy.
Dutch Lady mulls sale of Petaling Jaya factory land
The land comprises factory buildings, office complex and warehouse, and carries a net book value of RM28.4 million or 0.44 sen per share as at end last year, according to its latest annual report.
Magni-Tech sells industrial land in Pulau Pinang for RM22m
The 7.75-acre land with structures was acquired in 1990 for RM8 million, and carried a net book value of RM6.16 million as at end-April this year.
Covid-19: Malaysia reports lowest number of recoveries since RMCO
Six new Covid-19 cases and two recoveries in the 24 hours until noon today
Covid-19: Malaysia's active cases drop to lowest in six weeks
The new cases comprised two local infections and four imported cases.
Boustead books RM73.7m loss in 2Q despite better showing by plantation, pharma segments
The flattish bottom line comparison was supported by growth in its pharmaceutical business and plantation, while losses widened in three segments — property and industrial; heavy industries; and trading, finance and investment.
MRCB books loss in 2Q on impairment, construction halt
MRCB impaired RM197 million worth of its contract assets, trades and other receivables it believes "will be impacted as a result of the pandemic from some of the group’s completed construction projects in the quarter under review".
