T7 Global keen to proceed with ECRL project despite lower cost

KUALA LUMPUR (June 26): T7 Global Bhd is keen on continuing participation in the controversial East Coast Railway Line (ECRL) project even at substantially lower cost, as long as the group "can make a decent profit" from it, its executive deputy chairman Tan Sri Tan Kean Soon said today.

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Penang fishermen are still against reclamation

KUALA LUMPUR (June 26): Penang’s fishermen are still putting up a fight against reclamation on the island's south and called on Putrajaya to scrap the project which involves the creation of three artificial islands.

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Gabungan AQRS proposes 1-for-4 bonus issue of Warrants B

KUALA LUMPUR (June 26): Gabungan AQRS Bhd has proposed to undertake a bonus issue of Warrants B on the basis of one Warrant B for every four existing shares held to reward existing shareholders and to raise additional working capital, when Warrants B are exercised in future.

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MBSB still has RM1b conventional assets to be converted

KUALA LUMPUR (June 26): Non-bank lender Malaysia Building Society Bhd (MBSB) aims to convert its conventional assets worth about RM1 billion, which makes up about 10% of its assets, to Islamic assets over the next two years, as part of its plans to becoming an Islamic bank.

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