[ KUALA LUMPUR: Oriental Interest Bhd (OIB) is poised for growth with unbilled property sales of about RM584.4mil from its existing projects as at Feb 29. “Given the on-hand bookings and sales momentum, the group is optimistic in delivering another set of positive results for the financial year ending Aug 31, 2024 (FY24),” the developer … Read more
[ PETALING JAYA: Uzma Bhd is looking to raise up to RM68.35mil via a proposed private placement to part-finance the development expenditure for the provision of a water injection facility in an oil field, and repay bank borrowings. In its filing with Bursa Malaysia, the oil and gas services company announced its plan to undertake … Read more
[ PETALING JAYA: MKH Oil Palm (East Kalimantan) Bhd’s (MKHOP) initial public offering (IPO) has been oversubscribed by 8.4 times ahead of its listing on the Main Market of Bursa Malaysia. The group’s IPO involves the issuance of 220 million new ordinary shares in MKHOP at an issue price of 62 sen per share. This … Read more
[Trucks can’t travel on water and ships can’t sail on land. It is for this very reason that air freight has become one of the most trusted forms of transportation in a day and age where globally, volatile environments, rumours of war and natural disasters dominate the news. Read full story Read original article here … Read more
[ PETALING JAYA: MISC Bhd via its wholly-owned petroleum arm AET has signed contracts with a member of Petroliam Nasional Bhd, PETCO Trading Labuan Company Ltd (PTLCL), to charter the world’s first two ammonia-powered Aframax vessels to the latter. In a statement, MISC said through these vessels, PTLCL will be able to transport its products … Read more
[ PETALING JAYA: Fajarbaru Builder Group Bhd has secured a RM13.33mil contract from Malaysia Airports Holdings Bhd for a project to improve and upgrade a fire engineering system at KLIA Terminal 1 of the KL International Airport in Sepang, Selangor. In a statement, the construction group said its wholly-owned subsidiary, Fajarbaru Builder Sdn Bhd, yesterday … Read more
[ KUALA LUMPUR: Gas Malaysia Bhd‘s wholly-owned subsidiary, Gas Malaysia Distribution Sdn Bhd (GMD) will adjust its rate by RM0.045 per gigajoules (GJ) per day through a rebate to its base average tariff for Jan 1-Dec 31, 2024. Therefore, GMD’s allowed average tariff under the incentive-based regulation (IBR) for all types of utilisations is RM1.528/GJ … Read more
[ KUALA LUMPUR: DC Healthcare Holdings Bhd opened new Dr. Chong Clinic and DC Body locations in KL Publika Shopping Gallery, and DC Body in Johor Bahru Bukit Indah, expanding its presence nationwide. The aesthetic medical services provider said the additions aim to enhance the availability of DC Healthcare’s top-quality wellness and aesthetic services. Managing … Read more
[ KUALA LUMPUR: Heitech Padu Bhd has proposed a private placement of 10.12 million new ordinary shares, raising gross proceeds of RM22.98 million, which will be utilised for working capital. The issuance of new ordinary shares is representing 10 per cent of the total number of issued shares of the company and the placement shares … Read more
[ KUALA LUMPUR: The Transport Ministry (MOT) has no objections to MMC Corp Bhd plans to divest its 49% stake in MMC Ports Holdings Bhd, even to foreign companies, says Transport Minister Anthony Loke Siew Fook. However, he said issues concerning concessions and ownership status of the nation’s key assets must be scrutinised. He added … Read more
