Dolomite to sell quarry unit to Sunway for RM125m

KUALA LUMPUR (June 4): Dolomite Corp Bhd’s wholly-owned subsidiary Dolomite Industries Co Sdn Bhd (DICSB) has entered into a share sale agreement with Sunway Holdings Sdn Bhd (SHSB), for the proposed sale of its entire equity interest in Dolomite Granite Quarry Sdn Bhd (DGQSB) for RM125 million.

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Boustead Holdings 1Q in the red

KUALA LUMPUR (May 31): Boustead Holdings Bhd, the key contributor to Retirement Fund (Incorporated)’s (KWAP) dividend, slipped into the red for the first quarter ended March 31 (1QFY19), posting a net loss of RM22.

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Guan Eng: Entry to US currency watchlist highlights Malaysia’s economic strength

KUALA LUMPUR (May 30): The inclusion of Malaysia in the US Department of Treasury’s watchlist actually highlights the strength of the nation’s economy, as the list includes other major trading economies as well, said Finance Minister Lim Guan Eng “While the US Treasury has included Malaysia into its expanded Monitoring List of Potential Currency Manipulator, the report does not name Malaysia as a currency manipulator.

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