BLand disposes of 4.22% stake in BFood for RM27.6m
KUALA LUMPUR (May 13): Berjaya Land Bhd (BLand) said it has disposed of an aggregate of 15 million shares or a 4.
Malayan Cement to take over YTL Cement's cement and ready-mixed concrete biz in RM5.16b deal
KUALA LUMPUR (May 12): YTL Cement Bhd, a subsidiary of YTL Corp Bhd, today inked an agreement to sell its entire cement and ready-mixed concrete operations in Malaysia to its 76.
Malaysia's new Covid-19 cases jump to 4,765 today, fourth highest on record
KUALA LUMPUR (May 12): Malaysia reported a record high of 39 Covid-19 deaths today while new cases rose sharply to 4,765 from 3,973 yesterday.
BNM: Malaysia 1Q GDP registers smaller on-year decline of 0.5% on domestic demand, export improvement
KUALA LUMPUR (May 11): The Malaysian economy, as measured by gross domestic product (GDP), registered a decline of 0.
Gamuda confirms plan to sell four highway concessions to govt
KUALA LUMPUR (May 11): Gamuda Bhd confirmed yesterday that it is currently in talks with the government to put forth its proposal to sell its four highway concessions to a private highway trust.
Finance Ministry confirms 1MDB, SRC filed civil suits for a combined US$23b, as per The Edge report
KUALA LUMPUR (May 10): The Ministry of Finance (MoF) has confirmed the filing of 22 suits by 1Malaysia Development Bhd (1MDB) and SRC International Sdn Bhd for the recovery of assets with a total in excess of RM96.
Malaysia hotel industry losses RM135m during Ramadan last year
PETALING JAYA (May 10): At least RM135 million of revenue in the food and beverage segment were evaporated during last year’s Ramadan period, due to the implementation of movement control order (MCO), according to Malaysian Association of Hotels (MAH).
Analysts raise S P Setia target price on Tebrau land disposal
KUALA LUMPUR (May 10): Analysts have raised their target prices (TPs) for S P Setia Bhd after the company sold eight parcels of land measuring 959.
