News by Justin Lim

"... minority shareholders who attended a discussion forum today pointed out that their main concern was that the offer price of 28 sen for TA Global shareholders was lower than TA Global's estimated revised net asset value (RNAV) of RM1.10."

It also blamed the loss on further impairment on the balance of Berjaya (China) Great Mall Co Ltd sales proceeds in anticipation of a delay in recovery proceedings, as well as an impairment of certain property, plant and equipment.

As at Jan 31, 2020, its outstanding order book stood at RM3.9 billion, which would keep the group busy for the next three and a half to four years…

"Currently we are in talks with potential buyers for the land disposal."

The plots are now separately owned by four private companies, namely Greenfingers Sdn Bhd, R&H Sdn Bhd, Bakti Perusahaan Sdn Bhd and Sri Handal Sdn Bhd.

He said his Ministry is continuing to step up its readiness to face the possibility of Malaysia entering the subsequent phases, namely “late containment” and “mitigation”.

MARGMA president Denis Low said its member companies are currently “coping well”, even though affected countries have asked for more gloves to be delivered more quickly to them.

Based in Sarawak, Brooke Dockyard is involved in the oil and gas services sector, including maintenance, repair and overhaul (MRO) — in which Serba Dinamik has a presence.

The line, which extends from Bandar Utama in Petaling Jaya to Johan Setia in Klang, is now 27% completed.

Its president Tan Sri Soh Thian Lai said the reimbursement of the outstanding amount, based on Feb 2020 numbers by the Royal Malaysian Customs Department, is delayed as it is required to conduct field audits first.