Kuala Lumpur: Sime Darby Bhd’s takeover bid for the remaining shares it does not own in UMW Holdings Bhd at RM5 per share, has now become unconditional as Sime Darby already holds more than 50% of voting shares.
Public Investment Bank Bhd maintained its “neutral” stance on Astro Malaysia Holdings Bhd (Astro) despite it reporting a RM41 million net loss for the third quarter of financial year 2024 (3Q FY2024), after excluding contribution from Astro GS Shop Sdn Bhd, its home-shopping business.
KUALA LUMPUR, Dec 14 ― The trading of KL shares stayed in positive territory at mid-morning, boosted by the outcome of the United States (US) Federal Reserve’s (Fed) meeting.
PETALING JAYA: KPJ Healthcare Bhd’s (KPJ) proposed disposal of its aged care business in Australia would reduce operating costs and redirect resources to more profitable business segments, said research houses.
KUALA LUMPUR: Sapura Energy Bhd has been granted a time extension of up to May 31, 2024, to submit its Practice Note 17 (PN17) regularisation plan to the relevant regulatory authorities.