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Knight Frank Malaysia acquired real estate agency Property Hub Sdn Bhd in a joint venture (JV) and rebranded the agency as Knight Frank Property Hub Sdn Bhd. The new company will be integrated with Knight Frank Malaysia’s residential operations, acting as the key element of the company’s residential agency network. ....
KUALA LUMPUR (April 21): Based on corporate announcements and newsflow today, companies in focus on Thursday (April 22), may be as follows: Malaysia Marine and Heavy Engineering Holdings Bhd, Tasco Bhd, Axis Real Estate Investment Trust, Luxchem Corp Bhd, Widad Group Bhd, BIMB Holdings Bhd, CIMB Group Holdings Bhd, Telekom Malaysia Bhd, Malayan Banking Bhd and Hong Leong Bank Bhd. Malaysia Marine and Heavy Engineering Holdings Bhd (MHB) disclosed today that the value for the engineering, procurement, construction, transportation and installation, and hook-up and commissioning services (EPCIC) contract secured from SapuraOMV Upstream (Sarawak) Inc is RM1 billion. The duration of the contract in the Jerun gas field, which lies in the SK408W block off the coast of Bintulu, is 40 months. The group had announced the contract awarded to its wholly-owned unit Malaysia Marine and Heavy Engineering Sdn Bhd (MMHE) last Thursday. ....
KUALA LUMPUR: Luxchem Corp Bhd’s net profit almost doubled to RM20.56 million in the first quarter ended March 31, 2021 (1Q21) from RM9.98 million in the same quarter last year. ....
AAX, Careplus, PetDag, Malakaoff, Malaysia Smelting, Luxchem, Genetec, AwanBiru, SMTrack, Pimpinan Ehsan and MyEG 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 (Dec 14): Based on corporate announcements and news flow today, companies that may be in focus tomorrow (Dec 15) include: AirAsia X Bhd, RHB Bank Bhd, Deleum Bhd, Hartalega Holdings Bhd, Top Glove Corp Bhd, Luxchem Corp Bhd, Ivory Properties Group Bhd, Ta Win Holdings Bhd and Bina Darulaman Bhd. AirAsia X Bhd s (AAX) deputy chairman Datuk Lim Kian Onn is spearheading a special purpose vehicle (SPV) to pump in at least RM50 million fresh capital into the low-cost carrier, which is in the midst of negotiating with its creditors for debt and liabilities restructuring. AAX announced its equity raising plan that entails a cash call to its existing shareholders to raise up to RM300 million plus issue of new shares to new investors to raise an additional RM200 million. ....