News by JUSTIN LIM

The developer attributed the wider quarterly loss to lower revenue generated across all the segments.

“This RM44.7 million contract represents Econpile’s second undertaking for an underground station for KVMRT2 project. The earlier-secured contract was for piling works for Kampung Baru North station,” said its group chief executive officer Raymond Pang.

Daibochi said the share-swap offer will remain open for acceptance up till 5pm on April 1.

The share purchase will make Lim Chee Meng the third-largest shareholder of Thriven Global after Teladan Kuasa Sdn Bhd, which is the largest shareholder holding a 27.16% stake, followed by Mulpha International Bhd with a 22.18% stake.

Dr Mahathir told the media in the Parliament on Tuesday that the government will have to decide on “the fate of Malaysia Airlines soon", which has sparked lively debate on the matter.

The development bank will provide financing at a financing rate subsidy of 2% to companies that demonstrate continuous contribution to the 17 sustainable development goals under the UNDP.

Asian countries to be most impacted if China’s growth moderates — MIDF

JCY expects pre-tax gain from the acceptance of compensation to be around 20.64 million yuan (RM12.55 million), after taking into account the expected direct and consequential costs.

The expected gain on the disposal is approximately RM8 million based on Seacera's original investment cost in SPAZ of RM16 million.

After setting-off the bungalow's purchase price of RM5.5 million, CPSB still owes Olympia RM47,651.31, which it shall pay off "at such times and in such manner as CPSB and the company may from time to time agree upon".