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1-10 results from 1000 for query «acquisition»

April 19, 2018 1:13 PM Maxis earnings up 4.2% to RM523m in first quarter

PETALING JAYA: Maxis Bhd saw its net profit rise 4.18% to RM523 million in the first quarter ended March 31, from RM502 million in the previous corresponding quarter. Revenue for the quarter declined 5.8% to RM2.2 billion, compared with RM2.4 billion in the same period last year. “We delivered a steady quarter with solid earnings before interest, tax, depreciation 10

April 19, 2018 11:09 AM Liow: GST exemption for ECRL project benefits Malaysians

Datuk Seri Liow Tiong Lai said the GST exemption granted to the contractor of East Coast Rail link (ECRL) will benefit Malaysians in the end. — Picture by Azinuddin Ghazali BENTONG, April 19 — The exemption on Goods and Services Tax granted to the contractor of East Coast Rail link (ECRL), China Communications Construction Company (CCCC) will benefit 9

April 18, 2018 1:31 PM 7-Eleven Malaysia announces dividend share, cash payout

PETALING JAYA: 7-Eleven Malaysia Holdings Bhd, which today announced cash and shares distribution as dividends, is acquiring a 60% stake in foodstuff supplier Café Decoral Sdn Bhd for RM600,000. The group is paying out an interim single-tier cash dividend of 2.7 sen per ordinary share; and a share dividend distribution of 18.5 million treasury shares 8

April 15, 2018 4:47 AM World bank's projections show Malaysia's economy on track to perform better: Najib (Updated)

PEKAN: The success of Malaysia in getting positive projections in its Gross Domestic Product (GDP) growth four times within only a year and four months from the World Bank shows that the country's economy is on track to perform better. Prime Minister Datuk Seri Najib Tun Razak also described the success as a recognition because Malaysia was the only country 8

April 13, 2018 3:54 AM Serba Dinamik shares up 2.42% on plan to buy UAE firm

PETALING JAYA: Serba Dinamik Holdings Bhd's share price jumped 8 sen or 2.42% this morning, after it acquired 49% of UAE-based pumps supplier Al Sagar Engineering Group LLC and Al Sagar National Establishment (Al Sagar) for RM10.5 million cash. At 11.30am, the stock stood at RM3.38 with 801,700 shares changing hands. It has a market capitalisation of RM4.8 billion 6

April 11, 2018 3:59 AM Fajarbaru up 1.39% on Australian firm acquisition news

PETALING JAYA: Fajarbaru Builder Group Bhd's share price rose one sen or 1.39% this morning, following its acquisition of Australian property development company Beulah Northcote Land Pty Ltd (BNL) for RM8.9 million. At 11.20am, the stock stood at 72 sen with 115,300 shares changing hands, giving it a market capitalisation of RM268.4 million 6

April 10, 2018 12:58 PM Fajarbaru acquires Australian property developer

PETALING JAYA: Fajarbaru Builder Group Bhd has acquired 98% of Australian property development company Beulah Northcote Land Pty Ltd (BNL) for almost A$3 million (RM8.9 million). In a filing with Bursa Malaysia today, the group said its wholly owned subsidiary Fajarbaru Land (M) Sdn Bhd acquired 98 ordinary shares at A$1 each in BNL, representing 49% of the total 7

April 6, 2018 9:49 AM MMC's planned acquisition of Sabah Ports from Suria Capital aborted

PETALING JAYA: Suria Capital Holdings Bhd said it is no longer pursuing the proposed acquisition of Sabah Ports Sdn Bhd (SPSB) by MMC Corp Bhd. Suria Capital told Bursa Malaysia that Sabah Ports remains as its wholly owned subsidiary. Last August, Suria Capital confirmed that it was in talks with MMC on possible equity sale in Sabah Ports. Sabah Ports 10

April 6, 2018 3:53 AM GHL share price jumps 11.32% on news to acquire Paysys

PETALING JAYA:GHL Systems Bhd's share price jumped 12 sen or 11.32% this morning, following its plans to buy the entire stake in Paysys (M) Sdn Bhd, a company specialising in credit card payment equipments and solutions for up to RM80 million. At 11.30am, the stock stood at RM1.18 with 530,600 shares changing hands, giving it a market capitalisation 7

April 4, 2018 11:36 AM Top Glove completes acquisition of Aspion

On January 2, 2018, Top Glove signed an SPA with Adventa Capital to acquire Aspion, one of the largest surgical glove producers globally, for a purchase consideration of RM1.37 billion. — Malay Mail picKUALA LUMPUR, April 4 — Top Glove Corp Bhd has completed the acquisition of Aspion Sdn Bhd, an exercise which will see the company emerge as the world’s 19