ARK Resources proposes 10% private placement to raise RM2.85 million
KUALA LUMPUR (June 23) : ARK Resources Holdings Bhd has proposed to undertake a private placement of up to 10% of its issued shares to raise RM2.
Lagenda Properties expands landbank with 500 acre purchase in Kuantan
PETALING JAYA (June 23): Lagenda Properties Bhd (via its wholly-owned subsidiary, LPB Development Sdn Bhd) has entered into a Sale and Purchase Agreement (SPA) with SST Development Sdn Bhd to acquire 500 acres of land in Kuantan, Pahang.
AEON earmarks RM251m capex for FY21, aims to expand 13 new specialist stores
KUALA LUMPUR (June 23): AEON Co (M) Bhd has allocated RM251 million as capital expenditure (capex) for the year, with 40% of the budgeted amount to be allocated to further strengthen the group’s technology and IT infrastructure, according to the retail group’s managing director Shafie Shamsuddin.
Malaysia's Covid-19 vaccination rate climbed to new high of 250,529 doses on June 22
KUALA LUMPUR (June 23): Malaysia set another record with 250,529 doses of Covid-19 vaccines administered yesterday (June 22), compared with the previous day's 235,623 doses, according to latest data from the Covid-19 Vaccine Supply Access Guarantee Special Committee (JKJAV).
BCorp warns public of scammers posing as its affiliate and officers
KUALA LUMPUR (June 22): Berjaya Corp Bhd (BCorp) yesterday warned of an email scam involving persons posing as the company's officers and falsely giving the impression that the company bearing the name Berjaya Investments Bhd is affiliated to the BCorp group.
Covid-19: Malaysia reports 398,846 sporadic cases, including 151,725 in Selangor this year so far
KUALA LUMPUR (June 22): Malaysia reported a total of 578,105 Covid-19 infections since the start of 2021 up to last Saturday (June 19), of which 398,846 or 69% were identified as sporadic cases, according to Health director-general Tan Sri Dr Noor Hisham Abdullah.
150 construction sites ordered to close for flouting SOPs — Works Ministry
KUALA LUMPUR (June 21): A total of 150 construction sites have been ordered to close for failure to comply with standard operating procedures (SOPs), since the imposition of the third iteration of the full movement control order (MCO 3.
Maju Expressway’s missed payment has no immediate impact on MEX Capital’s sukuk rating — RAM Ratings
KUALA LUMPUR (June 21): The recent missed payment by Maju Expressway Sdn Bhd (MESB) of RM50 million principal due in June 2021 on the RM550 million Islamic MTN (IMTN) will not have an immediate impact on the C3/Negative rating of the RM1.
Mohd Azharuddin likely to be appointed CEO of Prasarana — sources
KUALA LUMPUR (June 20): Mohd Azharuddin Mat Sah (pictured), who is currently the chief transformation officer of Malaysia Airlines Bhd, could be appointed chief executive officer (CEO) of Prasarana Malaysia Bhd, sources said on condition of anonymity.
Report: Low interest rates ‘fuelling’ debt accumulation by households
KUALA LUMPUR (June 19): Historically low interest rates are “fuelling” debt in Malaysian households, “which have funnelled loans mainly to the purchase of residential properties and passenger cars”, The Edge Malaysia reported this week.
