Zecon 3Q net profit jumps 59.6% to RM9.15m on hospital and Pan Borneo jobs
KUALA LUMPUR (June 25): Engineering and construction solutions provider Zecon Bhd's net profit for the third quarter ended March 31, 2020 (3QFY20) rose 59.
KUALA LUMPUR (June 25): Engineering and construction solutions provider Zecon Bhd's net profit for the third quarter ended March 31, 2020 (3QFY20) rose 59.
KUALA LUMPUR (June 25): The High Court will be announcing its decision on the 1Malaysia Development Bhd (1MDB) forfeiture action against former land and cooperative development minister Tan Sri Kasitah Gaddam on July 24.
KUALA LUMPUR (June 25): The Perikatan Nasional (PN) government may not proceed with the takeover of four toll highways which Gamuda Bhd has a majority stake in — Damansara-Puchong Expressway, SPRINT Expressway, Shah Alam Expressway, and SMART Tunnel — according to Affin Hwang Capital Research.
KUALA LUMPUR (June 25): Malaysia recorded yet another deflation in May — the third monthly deflation in a row — but this is no reason for Bank Negara Malaysia to further cut the Overnight Policy Rate (OPR), said economists.
KUALA LUMPUR (June 25): The International Monetary Fund (IMF) has revised its Malaysia 2020 gross domestic product (GDP) forecast to a 3.
KUALA LUMPUR (June 24): The High Court today allowed the prosecution to amend the charge in the 1Malaysia Development Bhd (1MDB) audit tampering case as the judge ruled that it would not prejudice former prime minister Datuk Seri Najib Razak (pictured) and former 1MDB president Arul Kanda Kandasamy.
KUALA LUMPUR (June 24): Singapore would prefer a "step by step approach" to reopening the border with Malaysia, the republic’s Foreign Affairs Minister Dr Vivian Balakrishnan revealed today.
PETALING JAYA (June 24): Although some renowned fashion brands such as Zara and Esprit have announced store closures in Malaysia recently, occupancy rate into the second half of the year (2H 2020) is expected to be relatively stable for established malls in the country.
KUALA LUMPUR (June 24): Hua Yang Bhd's net loss for its fourth financial quarter ended March 31, 2020 (4QFY20) narrowed to RM4.