Berjaya Corp plans to privatise Berjaya Land, sell Berjaya Sports Toto theedgemarkets.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theedgemarkets.com Daily Mail and Mail on Sunday newspapers.
KUALA LUMPUR (July 13): AirAsia Group Bhd’s share price fell more than 3% in Bursa Malaysia morning trade today after the budget airline announced yesterday its proposed rights issue of redeemable convertible unsecured Islamic debt securities (RCUIDS) to raise up to RM1.02 billion to finance the company’s operations and business expansion.
At 10:04am today, AirAsia Group’s share price pared gains at 86 sen after falling as much as three sen or 3.39% to 85.5 sen.
Yesterday, AirAsia Group said in a Bursa filing that the company proposed to undertake the renounceable rights issue of up to RM1.02 billion in nominal value of seven-year RCUIDS with a nominal value of 75 sen each on the basis of two RCUIDS with one free detachable warrant for every six AirAsia Group shares held.
Bursa Malaysia lower at mid-afternoon | Money malaymail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from malaymail.com Daily Mail and Mail on Sunday newspapers.
Friday, 09 Jul 2021 12:37 PM MYT
The logo of Bank Negara Malaysia is seen at its headquarters in Kuala Lumpur March 12, 2019. Picture by Yusof Mat Isa
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KUALA LUMPUR, July 9 Bank Negara Malaysia (BNM) is anticipated to maintain the current Overnight Policy Rate (OPR) of 1.75 per cent until year-end after the Monetary Policy Committee (MPC) meeting yesterday stayed put on the rate, analysts said.
CGS-CIMB Securities said the central bank kept the benchmark rate unchanged for the sixth straight meeting, in line with its expectation alongside 19 of 21 economists surveyed by Bloomberg.
MIDF launches digital investment platform for US stocks, ETFs | Money malaymail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from malaymail.com Daily Mail and Mail on Sunday newspapers.