Most economists foresee BNM maintaining OPR at 2.75%
According to Bloomberg as of Tuesday afternoon, 16 out of 18 economists said BNM will keep the OPR at 2.75% — a rate unchanged since November last year.
MD Ng Wai Hoe shaves off a third of Siab Holdings stake to 21%
He had offloaded 50 million shares equivalent to a 10.2% stake via a direct business transaction on April 28 for 13 sen apiece.
Pasdec appoints Liew as new CEO
Liew first joined the property development company in March 2019 as a special officer to the group managing director.
Zelan slips into PN17 status after external auditors express disclaimer of opinion
The construction engineering company has 12 months to regularise its financial condition, failing which trading in its securities could be suspended and it could be delisted from Bursa Malaysia.
Trading of Ageson securities to be suspended from May 10 until further notice
The Main Market-listed company failed to file its annual report by the April 30 deadline.
OCBC Bank extends RM700m financing to Ideal Property Group
Spanning across 880 acres (356.12 hectares) of freehold land, the RM4.2 billion industrial property development recently began construction.
Landmarks' auditor flags group's ability to operate as going concern
Landmarks Bhd said its external auditor has raised concerns about the group's ability to operate as a going concern in its audited financial statements for the year ended Dec 31, 2022 (FY2022).
Tropicana to issue new shares to founder-cum-vice-chairman to settle RM180m debt
Tropicana Corp Bhd is issuing 137.68 million new shares to pay off RM180 million that the company owes its founder and group executive vice-chairman Tan Sri Tan Chee Sing. The shares will be issued to a company wholly-owned by Tan at RM1.30 per share.
PRG’s deal with HK-listed Furniweb set to improve financial liquidity, performance
PRG Holdings Bhd said its recent corporate exercise with Hong Kong-listed Furniweb Holdings Ltd will improve its financial liquidity and performance.
Parkson's Vietnam unit to file for bankruptcy, only remaining store to close
The Parkson group is to exit the Vietnam market after operating there for 18 years as it is not commercially feasible to continue its operations in the country, said Singapore-listed Parkson Retail Asia Ltd (PRA), a 67.96%-owned subsidiary of Parkson Holdings Bhd.
