[ PETALING JAYA: A new major shareholder has emerged in construction outfit Bertam Alliance Bhd, raising speculation of whether it will be the white knight to rescue the Practice Note 17 (PN17) company. In a filing with Bursa Malaysia yesterday, Bertam announced that Perfect Link Ventures Sdn Bhd acquired a 12.23% stake or 39.4 million … Read more
[ KUALA LUMPUR: Sapura Energy Bhd and its 22 wholly owned subsidiaries (scheme companies) have been granted new convening and restraining orders by the High Court of Malaya today for a period of three months, commencing March 11, 2024. The orders, sanctioned under the Companies Act 2016, will enable each of the scheme companies to … Read more
[ PETALING JAYA: Pharmaniaga Bhd has submitted its regularisation plan to Bursa Malaysia, marking a critical milestone in its efforts to recover, enhance its financial standing and exit Practice Note 17 (PN17) status. The pharmaceutical group, in a statement, said the regularisation plan outlines a holistic approach to increase the equity of the group and … Read more
[ KUALA LUMPUR: KNM Group Bhd has denied claims of a police raid on its premises on Dec 12, noting that the police were only seeking its assistance in an investigation. In a filing with Bursa Malaysia today, the oil and gas engineering company clarified that the police had gone to the premises of the … Read more
[ KUALA LUMPUR: Serba Dinamik Holdings Bhd’s net loss narrowed to RM80.67 million in the first quarter ended Sept 30, 2023 (1Q FY2024) from a net loss of RM104.60 million in the same period last year supported by its engineering, procurement, construction and commissioning (EPCC) business, which is the only segment that did not make … Read more
