Yenher makes its listing debut today in the Main market of Bursa Malaysia.
Kejuruteraan Asastera is partnering with the Philippines-based LCS Holdings Inc and ATS Venture Group Sdn Bhd to build and operate a telecommunication tower project in the Philippines.
Nestcon has bagged a RM31.34mil contract to carry out rock stabilisation works at a mixed development on a 61-acre site in Damansara Perdana.
Two experts on Sime Darby Plantation s human rights commission said they had resigned from the panel due to lack of transparency, in a potential setback for the company s efforts to overturn a US import ban.
WCT said its wholly-owned subsidiary WCT Bhd (WCTB) and Meydan Group LLC have entered into a settlement agreement under which Meydan will pay WCTB 726.57 million United Arab Emirates dirham (RM828.25mil) in a full settlement linked to the Nad Al Sheba Dubai Racecourse contract dispute between both parties.
WCT gets RM828m as final settlement over Dubai contract
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WCT Holdings unit gets RM828m in Dubai racecourse dispute final settlement
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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.
Mohd Bakke new Petronas chairman, Ahmad Nizam leads PHB
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