Investigative audit reveals seven financial irregularities and weaknesses in LTAT
...that took place under the leadership of Lodin, who stepped down as its CEO in September last year.
UEM Sunrise says it did not make or receive any corporate proposal for EcoWorld
“We wish to clarify that the board of directors has not made nor received any corporate proposal as reported in the media from any party for its consideration.”
Ambank seeks to sell Seacera property to recoup RM18.3m loan
In a filing with Bursa Malaysia, Seacera said SCSB received a legal summon on Sept 5, and that the date of the auction has yet to be fixed but will not be less than one month from the date of the court order.
Atrium REIT to raise RM999m via MTN programme for Penang properties
The MTN programme will have a tenure of 30 years from the date of first issuance, the group said in a filing with Bursa Malaysia.
Tex Cycle expects maiden project in UK to kick-start by end-2020
Chief executive officer Gary Dass said the funding of the plant will be sourced externally, and the financing part is now handled by its joint venture (JV) partner, Culzean Generation Ltd.
KVDT2 rehabilitation to be completed in five years instead of seven
The rehabilitation project will now involve 265km of KTM Bhd railway tracks instead of 110km as announced earlier.
PSC cut 'not temporary' - Anthony Loke
Loke said the PSC formula is based on the current operating agreement between the government and MAHB.
Ahmad Zaki's 2Q net profit falls amid lower revenue, higher income tax expenses
Moving forward, the group said its construction outstanding order book of RM2.4 billion as at June 30, 2019 will be able to provide earnings visibility for the next two to three years.
LBS Bina's quarterly profit down by a third as construction, taxation drag
On prospects, the group stressed that property development, which accounted for 80% of its revenue in 1HFY19 remains its main earnings driver, and that it is positive on the segment's outlook remaining positive despite the challenges facing the industry.
Mitrajaya posts second consecutive quarterly loss on lower construction contribution
The group posted a net loss of RM14.55 million for the second quarter ended June 30, 2019 compared to a net profit of RM10.33 million a year ago.
