Hua Yang 1HFY19 profit below expectations
Hua Yang Bhd (Oct 25, 39 sen) Maintain market perform with a lower target price (TP) of 41 sen: First half of 2019 (1HFY19) core net profit (CNP) of RM2.
Rosmah and sons at Menara KPJ for questioning — report
KUALA LUMPUR (Oct 26): The wife of former prime minister Datuk Seri Najib Razak (pictured), Datin Seri Rosmah Mansor, and her two sons, Norashman and Riza Aziz, are at the police's Anti-Money Laundering and Anti-Terrorism Financing Prevention Unit (AMLA) at Menara KPJ for questioning this morning.
‘Funds diversion an executive decision, practised even today’
KUALA LUMPUR (Oct 26): Defence counsel Tan Sri Muhammad Shafee Abdullah (pic) argued yesterday that the his client Datuk Seri Najib Razak’s action of redirecting government funds for other purposes was an “executive decision”.
Serba Dinamik bags 13 O&M jobs worth RM512m
KUALA LUMPUR (Oct 26): Serba Dinamik Holdings Bhd, which saw its share price hit a record high of RM4.
Paramount proposes securitisation exercise
KUALA LUMPUR (Oct 26): Under a securitisation exercise to streamline group assets and achieve a more efficient capital structure, Paramount Corp Bhd has proposed to dispose of three of its tertiary education campuses to a special purpose vehicle for a combination of cash amounting to RM420 million and new cumulative redeemable non-convertible preference shares in the vehicle.
Wen family to take Selangor Properties private at RM5.70 per share
KUALA LUMPUR (Oct 25): The Wen family, which holds a 68.
