Malaysia receives RM340.92mil from KPMG in 1MDB settlement
KUALA LUMPUR: The Government has received RM340.92mil from audit firm KPMG as settlement for a suit filed by state investment firm 1Malaysia Development Bhd (1MDB). Read full story
KUALA LUMPUR: The Government has received RM340.92mil from audit firm KPMG as settlement for a suit filed by state investment firm 1Malaysia Development Bhd (1MDB). Read full story
KUALA LUMPUR: Asia Poly Holdings Bhd has proposed to acquire a 100% stake in Keng Imports & Exports Sdn Bhd (KIESB) for RM24.01mil. Read full story
KUALA LUMPUR: MARC Ratings has assigned a preliminary rating of AA-IS(CG) to Point Zone (M) Sdn Bhd’s proposed Islamic Medium-Term Notes (Sukuk Wakalah) programme of up to RM3bil with a stable outlook. Read full story
KUALA LUMPUR: Metronic Global Bhd has signed a solar power purchase agreement (SPPA) with Technology PP Industries (Northern) Sdn Bhd under a solar leasing model in Kedah. Read full story
KUALA LUMPUR: Bursa Malaysia Derivatives Bhd registered an all-time high in trading volume for 2021, given the continued acceleration in its growth momentum throughout last year. Read full story
KUALA LUMPUR: The government has channelled RM20.107 billion to 357,402 employers through the Wage Subsidy Programme (PSU) to maintain the employment of 2,951,245 local workers in an effort to reduce the unemployment rate among Malaysian workers. Read full story
KUALA LUMPUR: AirAsia Group Bhd’s application to extend the relief period from being classified as a Practice Note 17 (PN17) company has been dismissed. Read full story
PETALING JAYA: Hap Seng Consolidated Bhd is planning to establish five hotels in Malaysia in the next few years, making its foray into the hospitality sector. Read full story
KUALA LUMPUR: HSS Engineers Bhd’s (HEB) associate SMHB Sdn Bhd (SMHB) has obtained an extended appointment by the Kedah State Government through Syarikat Air Darul Aman Sdn Bhd (SADA) for the upgrading of water treatment plant at Kubang Pasu, Kedah Darul Aman. Read full story
KUALA LUMPUR: Despite opening higher at the start of the opening bell, the FBM KLCI succumbed to profit taking activities on Wednesday. Read full story
KUALA LUMPUR: VSolar Group Bhd has signed a partnership agreement to procure and supply parts to RA Integration Links Sdn Bhd (RAILSB). Read full story
KUALA LUMPUR: Pecca Group Bhd’s wholly-owned subsidiary Pecca Leather Sdn Bhd (PLSB) has entered into a sale and purchase agreement (SPA) with UMW Development Sdn Bhd in respect of the purchase of a vacant leasehold industrial land measuring 4.31 acres at a purchase consideration of RM8.45mil. Read full story