News about RAs

KUALA LUMPUR (Aug 28): Permodalan Nasional Bhd (PNB) president and group chief executive officer (CEO) Datuk Abdul Rahman Ahmad will assume the role of chairman and non-independent non-executive director of Sime Darby Bhd upon Tan Sri Dr Wan Abdul Aziz Wan Abdullah's retirement on Oct 31 this year.

KUALA LUMPUR (Aug 28): Najah Air Sdn Bhd, a six-man group of entrepreneurs led by AirAsia Group Bhd co-founder and former chairman Datuk Pahamin Ab Rajab, has pulled out of the potential bidding war for struggling Malaysia Airlines Bhd, according to sources.

KUALA LUMPUR (Aug 27): Jalil Rasheed (pictured), the investment director for the Singapore office of UK-based fund manager Invesco, is set to assume the group chief executive seat at Permodalan Nasional Bhd (PNB).

MKH Bhd (Aug 26, RM1.

KUALA LUMPUR (Aug 17): Pintaras Jaya Bhd’s unit has secured a piling contract in Singapore worth RM91 million (S$30 million).

KUALA LUMPUR (Aug 17): Guocoland (M) Bhd closed its fourth quarter ended June 30, 2019 (4QFY19) with a lower net loss of RM11.

KUALA LUMPUR (Aug 15): Mohamad Najeb Ali, the first witness in the late Tan Sri Jamaluddin Jarjis’ family dispute, insisted that the group of companies under Teras Dara Konsortium Sdn Bhd (TDK) were run by the late Minister.

KUALA LUMPUR (Aug 16): Both George Kent (Malaysia) Bhd and Malaysian Resources Corp Bhd (MRCB) yesterday clarified that the dispute between them over the financing requirements for their joint venture (JV) company that is undertaking the Light Rail Transit 3 (LRT3) project is to do with the priority of funding options.

KUALA LUMPUR: EITA Resources Bhd’s contract to supply lifts and escalators for the light rail transit Line 3 (LRT3) project has been revised, with the contract sum cut by a whopping 65.

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