Boustead partners PowerChina unit to explore renewable energy, construction opportunities
The MoU was inked between Boustead and Sinohydro Bureau 9 Co Ltd International Co, a wholly-owned subsidiary of PowerChina, on Thursday.
Tashin 3QFY21 profit rises 800% on higher steel prices, declares two sen dividend
Quarterly earnings per share came in at 5.97 sen, from 0.66 sen in 3QFY20.
SunCon 3Q net profit down 19%, dragged by MCO, higher steel prices
Earnings per share dropped to 1.5 sen from 1.86 sen.
Talam Transform disposing of Chinese unit with creditor rights for 72 million yuan
JPMHL was involved in the operations of Maxcourt Hotel in Changchun, Jilin, China but the hotel had ceased operations since 2014 and is currently in liquidation.
Gagasan Nadi Cergas bags RM34m contract to develop Merdeka 118 mosque
The contract is for 18 months from Dec 1, 2021 until May 31, 2023.
Lagenda Properties 3Q net profit down 8.58% as construction ops hit by MCO
Property development profit, however, rose in the quarter, which the group attributed to the acquisition of a subsidiary, Maxitanah Sdn Bhd.
Serba Dinamik unable to complete RM24m office building buy; deposit forfeited
The property in question is Block 12, Corporate Park, Star Sentral @ Cyberjaya.
New Covid-19 infection wave the main concern — Malaysian Employers Federation
“The main worry is of course another wave of infections, especially after the coming festive seasons and holidays."
RM3b injection into pandemic-hit listed companies, RM2b for companies with gearing issues
Finance Minister Tengku Datuk Seri Zafrul Aziz: There will be a special initiative to assist Bursa Malaysia-listed companies, which will see the injection of funds into companies that have been affected by the Covid-19 pandemic via a government-owned special purpose vehicle (SPV), in the form of equity or other related instruments
Govt unveils RM332.1 billion Budget for 2022, including RM75b development expenditure
This is nearly 3% more than the RM322.5 billion announced for Budget 2021.
