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Los Angeles, California (Newsfile Corp. - March 8, 2023) - PikaBoom Ltd, a company specializing in the commercialization and management is excited to announce its expansion plans in the Middle East region. ....
Bangladesh Financial Intelligence Unit has found evidence of money laundering by e-commerce platforms Boom Boom Ltd, Qcoom Ltd, and Sirajganj Shop. ....
PETALING JAYA: Stanley Choi’s increased stake in low-cost carrier AirAsia Group Bhd is no ordinary bet but one where he has factored in calculated risks just like he would in any of his poker games. The professional poker player and investor from Hong Kong started looking at the aviation industry when it bottomed out between June and July last year and just as how Covid-19 was an unprecedented pandemic, Choi viewed it as an investment opportunity of a lifetime. And as he hunted for companies to invest in, he realised that AirAsia appealed to him the most in terms of its fundamentals and management style. ....
MALAYSIA Airlines Bhd (MAS) appears to have a head start on its closest rivals AirAsia Group Bhd, AirAsia X Bhd (AAX) and Malindo Airways Sdn Bhd after closing a restructuring deal that sees it emerging with a stronger balance sheet, having eliminated some RM10 billion in debt. Last week, the UK court approved the national airline’s plan to restructure more than RM15 billion in liabilities, which effectively removes “decades-long legacy issues in its balance sheet”, its parent Malaysia Aviation Group Bhd (MAG) says. The plan includes a RM3.6 billion lifeline from its sole shareholder Khazanah Nasional Bhd to support the carrier’s new five-year business plan, which envisages MAS returning to profitability from 2022. ....