MoF

Boustead Heavy Industries to sell 20.8% stake in Lunas for RM334.73mil

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[ Kuala Lumpur: Boustead Heavy Industries Corporation Bhd’s (BHIC) indirect wholly owned subsidiary Perstim Industries Sdn Bhd (PISB) has proposed to dispose of 27,000,001 ordinary shares in Lumut Naval Shipyard Sdn Bhd (LUNAS) to Ocean Sunshine Bhd (OSB) for RM334.73 million cash. In a Bursa Malaysia filing today, BHIC said that the proposed disposal is … Read more

Madani govt confident of achieving stronger GDP growth of 4-5% in 2024

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[ KUALA LUMPUR: The MADANI Government is confident of achieving stronger Gross Domestic Product (GDP) growth of between four and five per cent in 2024 on the back of strong fundamentals and reforms mapped out in the MADANI Economy and Budget 2024. Prime Minister Datuk Seri Anwar Ibrahim, who is also Finance Minister, said after … Read more