PJBumi's external auditor tenders resignation
KUALA LUMPUR: PJBumi Bhd has received a notice in writing from Messrs Afrizan Tarmili Khairul Azhar PLT on their resignation as external auditors of the company. Read full story
KUALA LUMPUR: PJBumi Bhd has received a notice in writing from Messrs Afrizan Tarmili Khairul Azhar PLT on their resignation as external auditors of the company. Read full story
KUALA LUMPUR: Poh Kong Holdings Bhd’s net profit for its third quarter ended April 30, 2022 rose 15% to RM27.59mil from RM24.02mil in the same period last year. Read full story
KUALA LUMPUR: Ta Win Holdings Bhd has proposed to dispose of its entire 32.5% stake or 3.897 million ordinary shares in Royce Pharma Manufacturing Sdn Bhd for RM20.85mil. Read full story
STOCKHOLM: IKEA said on Wednesday it would sell factories, close offices and reduce its nearly 15,000-strong workforce in Russia, the latest move by the world’s biggest furniture brand to cut its operations there following Moscow’s invasion of Ukraine. Read full story
KUALA LUMPUR: Citaglobal Bhd (formerly known as WZ Satu Bhd) has proposed to acquire the entire equity interest in Citaglobal Engineering Services Sdn Bhd (CESSB) for RM140mil. Read full story
KUALA LUMPUR: Hong Seng Consolidated Bhd has issued a letter of intent (LOI) to Invest NS to form a strategic partnership for the development of five parcels of leasehold land in Seremban, Negeri Sembilan measuring approximately 284.75 acres into Malaysia Green Valley (MGV). Read full story
PETALING JAYA: Datasonic Group Bhd’s wholly-owned subsidiary Datasonic Technologies Sdn Bhd (DTSB) has bagged a RM9.66mil contract from Pertubuhan Keselamatan Sosial (Perkeso). Read full story
MUMBAI: As India faces a crippling surge in food and fuel prices, its policymakers will be counting mostly on this year’s monsoon rains, not just interest rate hikes, to take inflationary pressure off the country’s households and businesses. Read full story
LONDON: Slumping stocks and surging bond yields are rapidly crimping global financial conditions, yet given their effect on dampening economic growth and eventually inflation, the moves might be welcomed by the Federal Reserve and other central banks. Read full story
KUALA LUMPUR: Censof Holdings Bhd has acquired a 7.93% stake, or 41,680 treasury shares in Asian Business Software Solutions Pte Ltd (ABSS) for SG$1.28mil (RM4.09mil). Read full story
KUALA LUMPUR: Bursa Malaysia Securities Bhd has decided to allow the appeal and grant Scomi Group Bhd (SGB) a further extension, until Nov 30, 2022, from being delisted from the Official List of Bursa Securities. Read full story
LUXEMBOURG: U.S. chipmaker Qualcomm on Wednesday won its fight against a 997 million euro (US$1.05 billion) fine imposed by EU antitrust regulators four years ago, dealing a major setback to EU antitrust chief Margrethe Vestager’s crackdown on Big Tech. Read full story