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Poultry players' earnings to improve slightly

PETALING JAYA: The higher ceiling price for broiler chickens and eggs may only provide “slight relief” to Malaysian poultry players, who have been battling margin compression for the past several months. ....

Peninsular Malaysia , Malaysia General , Kam Meng , Leong Hup , Farmer Organisation Authority , Leong Hup International Bhd , Ita Research , Tan Kam Meng , Leong Hup International , Peninsular Malaysia The ,

AirAsia Drops After Being Hit With 'Distressed' Label

AirAsia Drops After Being Hit With 'Distressed' Label
morningstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from morningstar.com Daily Mail and Mail on Sunday newspapers.

Kuala Lumpur , Kam Meng , Chester Tay , Dow Jones Company Inc , Malaysia Airasia Group Bhd , Malaysia Airasia Group , Steve Tan Kam Meng , Dow Jones , Bursa Malaysia ,

AirAsia Group share price falls after announcing rights issue


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. ....

Kuala Lumpur , Kam Meng , Ummar Fitri , Airasia Group Bhd , Amanah Investment Bank Bhd , Ta Securities Holdings Bhd , Airasia Group , Bursa Malaysia , Asia Group , Holdings Bhd , Tan Kam Meng , Investment Bank Bhd , குவாலா லம்பூர் , கம் மெங் , அமனா முதலீடு வங்கி ப்ட் , தா பத்திரங்கள் ஹோல்டிங்ஸ் ப்ட் , ஆசியா குழு , ஹோல்டிங்ஸ் ப்ட் , பழுப்பு கம் மெங் , முதலீடு வங்கி ப்ட் ,