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1-10 results from 1000 for query «asset»

June 21, 2018 10:44 AM Guan Eng appears utterly confused

Guan Eng says that RM3 billion was stolen from TRX in order to service 1MDB’s debt. He also says that the govt will now need to bail out TRX with an additional RM2.8 billion in order to complete the project which would then make a profit as it will bring in at least RM7.6 billion in sales. Only the uneducated and those without any sense of logic will believe 3

June 12, 2018 11:22 AM 50% highway toll discount on June 13, 14

KUALA LUMPUR: The 50% discount on toll charges on major highways in view of Aidilfitri, as announced by Prime Minister Tun Dr Mahathir Mohamad recently, will take effect from 12.01am on June 13 up to 11.59pm on June 14. Concessionaire Kumpulan Lingkaran Trans Kota Sdn Bhd (Litrak) said today the discount would be enjoyed by all classes of vehicles on the Damansara-Puchong 3

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 6

June 9, 2018 7:38 AM PANAMA HAVE ALREADY MADE HISTORY: EVERYTHING ELSE IS A BONUS

PANAMA CITY (dpa) – Panama are, along with Iceland, the only teams set to play their first-ever World Cup in Russia 2018. Panama earned their historic berth for the tournament with a dramatic and controversial 2-1 win against Costa Rica in the last round of qualifiers. The country’s population poured out onto the streets and Panamanian President Juan Carlos 5

June 7, 2018 1:02 PM Straits Inter Logistics to acquire 55% of peer for RM35.75m

PETALING JAYA: Straits Inter Logistics Bhd plans to acquire a 55% stake in oil bunkering services company Tumpuan Megah Development Sdn Bhd for RM35.75 million to expand its business. In a filing with Bursa Malaysia today, Straits Inter said it had entered into a conditional share sale agreement with the vendor, Raja Ismail Raja Mohamed. Straits Inter 6

June 5, 2018 5:39 AM Kerjaya Prospek awarded RM138.65m Seri Tanjung Pinang link bridge job

PETALING JAYA: Kerjaya Prospek Group Bhd has clinched a civil engineering contract worth RM138.65 million for the Seri Tanjung Pinang Phase 2 (STP 2) development via a related party transaction. It told Bursa Malaysia that wholly owned subsidiary Kerjaya Prospek (M) Sdn Bhd had on June 5, 2018 accepted a letter of award from Tanjung Pinang Development 9

June 1, 2018 9:51 AM Naval asset KD Kelantan transferred to Eastern Fleet Command

LUMUT: Naval asset KD Kelantan has been transferred to the Eastern Fleet Command Headquarters at the Kota Kinabalu Royal Naval Base beginning today. Western Fleet Command acting chief, First Admiral Abu Bakar Mohd Ajis, said KD Kelantan was transferred to the base in the east to strengthen the institution of region-based fleets. "The handover of KD Kelantan 6

May 31, 2018 12:38 PM Sumatec Resources back in the black in first quarter

PETALING JAYA: Sumatec Resources Bhd posted a net profit of RM457,000 for the first quarter ended March 31, 2018 compared with a net loss of RM743,000 a year ago thanks to revenue derived from consultation contract billing. Revenue, however, was 64% lower to RM1.49 million compared with RM4.17 million in the previous year’s corresponding quarter 3

May 24, 2018 3:44 AM UEM Edgenta's share price falls 1.48% despite jump in earnings

PETALING JAYA: UEM Edgenta's share price fell 1.48% to a low of RM1.99 on early trade, despite reporting an earnings jump for the first quarter ended March 31. At 11.38 am, its share price stood at RM2.00 with some 77,200 shares done. The total asset solutions company's net profit for the first quarter rose 8.3% to RM29.55 million from RM27.28 million 8

April 24, 2018 7:59 AM EPF invests RM4.86b in small and medium-cap companies

PETALING JAYA: The Employees Provident Fund (EPF) has invested a total of RM4.86 billion in small and medium capitalised stocks in Malaysia through both its internal and external fund managers. The equities portfolio remains the largest contributor to the retirement fund's income, which recorded an 8% increase from RM309.48 billion in 2016 to RM334.23 billion 8