Nextgreen sees return to profit in FY19

KUALA LUMPUR (Nov 21): Nextgreen Global Bhd (formerly BHS Industries Bhd), which has been making losses for three straight years, expects to return to profit in the financial year ending June 30, 2019 (FY19) on the back of improved market conditions, as well as the commercialisation of its industrial park.

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MBSB: Possible merger within this or next year

KUALA LUMPUR (April 16): While keeping mum on speculation about a merger between Malaysia Building Society Bhd (MBSB) and Bank Islam Malaysia Bhd, MBSB president and chief executive officer Datuk Ahmad Zaini Othman said a merger with an Islamic financial institution is still on the cards, possibly within this or next year.

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Ewein eyes next Tanjong Pinang project

KUALA LUMPUR: Ewein Bhd, which is developing its first property project valued at RM800 million at Bandar Tanjong Pinang, Penang in a joint venture (JV) with Consortium Zenith BUCG Sdn Bhd (CZBUCG), is looking to bag the next parcel of land the latter will be offering for development there.

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