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1-10 results from 1000 for query «acquisition»

July 14, 2018 6:22 AM Prasarana to abide by MoF instructions on LRT3

KUALA LUMPUR: Prasarana Malaysia Bhd (Prasarana) will abide by the Ministry of Finance (MoF) instructions on the cost reduction for the light rail transit line 3 (LRT3) project. In a statement today, the state-owned transportation company said it was currently awaiting instructions from the MoF for the rigorous and comprehensive cost rationalisation 8

July 14, 2018 3:18 AM Liverpool sign Swiss winger Shaqiri

LONDON: Liverpool have signed Switzerland international Xherdan Shaqiri from Stoke City, the English Premier League giants announced Friday. The Reds said he had signed "a long-term contract", with British media reports saying Shaqiri had arrived at Anfield in a five-year deal for £13 million (RM70 million). The 26-year-old winger's move follows Stoke's 7

July 11, 2018 3:59 PM Sentoria pays RM20.25m for 150-acre site in Morib

PETALING JAYA: Sentoria Group Bhd is acquiring a piece of 150-acre land in Morib, Selangor, for RM20.25 million. Sentoria said in a filing with the stock exchange, the group and its wholly owned subsidiary Sentoria Morib Bay Sdn Bhd on July 10 entered into a sale and purchase agreement with Seriemas Development Sdn Bhd, for the acquisition of the water 6

July 11, 2018 3:53 PM Court lifts injunction on Adventa, Aspion directors

PETALING JAYA: The Kuala Lumpur High Court has dismissed Top Glove's ex-parte interim injunction order restraining Adventa Capital Pte Ltd, ACPL Sdn Bhd as well as Aspion Sdn Bhd directors Low Chin Guan and Wong Chin Toh from disposing of their assets in Malaysia. The inter partes hearing for the ex-parte Mareva injunction has been fixed for July 19, according 8

July 3, 2018 5:11 AM Three paired highways, cross-channel undersea tunnel to proceed

GEORGE TOWN: The proposed three paired highways and a cross-channel undersea tunnel will proceed as planned despite the probe by the Malaysian Anti-Corruption Commission (MACC) on its delivery partner. Project delivery partner Consortium Zenith Sdn Bhd's senior executive director Datuk Zarul Ahmad Mohd Zulkifli (pix) claimed the MACC's investigations 8

July 3, 2018 3:34 AM Final cost of ECRL is RM81 billion: LGE

KUALA LUMPUR: The final cost of the East Coast Rail Link (ECRL) project is actually RM81 billion and must be reduced significantly to make it viable financially. The Finance Ministry said that the RM81 billion does not cover its operating cost and Selangor government is also against the completion of the Gombak-Port Klang portion of the rail line. "The ECRL project 6

June 22, 2018 11:04 AM Comfort Gloves buys Perak land for RM13.22m

PETALING JAYA: Comfort Gloves Bhd is acquiring a piece of land measuring about 157,500 square metres in Kinta, Perak for RM13.22 million. The company said its wholly owned subsidiary Comfort Rubber Gloves Industries Sdn Bhd had on June 22 entered into a sale and purchase agreement with Nestle Manufacturing (Malaysia) Sdn Bhd for the land purchase 7

June 19, 2018 11:53 AM GHL Systems: RM40m from private placement to finance purchase of Paysys

PETALING JAYA: GHL Systems Bhd will be deploying RM40 million out of the RM84.5 million raised from a private placement exercise, to fund the proposed acquisition of Paysys (M) Sdn Bhd to expedite the process. The group had previously stated in a circular to its shareholders dated May 16, 2018 that the acquisition will be funded through a combination 5

June 12, 2018 12:06 PM Media Prima takes control of Vocket Media for RM2.6 million

PETALING JAYA: Media Prima Bhd is acquiring a 52% stake in Vocket Media Sdn Bhd for RM2.6 million cash to expand its digital business. The group said in a filing with the stock exchange that its indirect wholly owned subsidiary Rev Asia Holdings Sdn Bhd had on June 12 entered into a conditional share sale purchase agreement with Jaffa Sany Mohd Ariffin 4

June 10, 2018 12:51 PM Malaysia Rail Link: ECRL deal has no clause for Jho Low-linked companies

PETALING JAYA: Malaysia Rail Link Sdn Bhd, the project and asset owner of the East Coast Rail Link (ECRL), has denied that contracts it signed with Chinese contractor China Communications Construction Co Ltd (CCCC) and the Export-Import Bank of China came with a clause to nominate an unrelated company to buy 70% of Putrajaya Perdana Bhd for US$244 million 10