Fajarbaru forewarns of RM28.5m impairment on receivables
It stems from the winding-up order of one of its clients — TYL Land & Development Sdn Bhd.
Sunway REIT sets up RM10b perpetual note programme
The REIT expected the first issuance of perpetual notes to be undertaken by the second quarter of 2019.
SunCon bags 2 new piling jobs worth RM86m, YTD job wins reach RM867.7m
SunCon said the first contract was related to the LRT3.
Berjaya Land’s 3Q net loss widens due to lower revenue
The developer attributed the wider quarterly loss to lower revenue generated across all the segments.
Econpile bags RM45m MRT2 job
“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.
Scientex gets valid acceptance of 52.54% shareholding in Daibochi
Daibochi said the share-swap offer will remain open for acceptance up till 5pm on April 1.
Taliworks' major shareholder increases stake in Thriven Global to 9.89%
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.
Guan Eng: Govt yet to decide on closing Malaysia Airlines
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.
Bank Pembangunan launches RM1b fund for sustainable development
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.
Economy to shrink 0.11% on every 1% slowdown in China
Asian countries to be most impacted if China’s growth moderates — MIDF
