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April 25, 2018 11:58 AM Suitors for India’s Fortis revise bids ahead of committee deliberation

BENGALURU: India’s Manipal Hospitals Enterprises Private Ltd raised its offer for rival Fortis Healthcare Ltd for the second time in a month, now valuing Fortis’ hospital business about 4% more than it had earlier. Several suitors for Fortis revised their offers this week, jostling to make the best bid before an advisory committee, formed by the company 6

April 25, 2018 11:01 AM PRG's Furniweb to distribute luxury apparel

PETALING JAYA: PRG Holdings Bhd’s Hong Kong Stock Exchange listed 75% owned subsidiary Furniweb Holdings Ltd is collaborating with Switzerland based luxury goods conglomerate Philipp Plein International Group (PPI) to distribute, promote and sell luxury fashion apparel carried on under PPI’s trade name. The group said in a Bursa Malaysia filing that, it has entered 6

April 25, 2018 9:22 AM Protasco unit bags RM92m solar plant contract

PETALING JAYA: Protasco Bhd’s unit has bagged a RM92 million contract to develop a large-scale solar photovoltaic plant of 6.8 megawatt alternating current (MWac) in Alor Gajah, Melaka, from the Energy Commission. In a filing with Bursa Malaysia today, the group said that I2 Solarpark One Sdn Bhd, 44%-owned by a subsidiary of the company, Ikram Greentech 5

April 25, 2018 4:10 AM Kayveas sacked as MyPPP president (Updated)

PETALING JAYA: MyPPP announced that Tan Sri M. Kayveas has been sacked from the party with immediate effect. It's secretary-general Datuk K. Mohan said the party's supreme council met in an emergency meeting to endorse the decision of the disciplinary council to sack its president. He said the disciplinary committee made its decision last night (Tuesday 6

April 25, 2018 3:52 AM Minetech Resources rise 5% on new solar plant contract

PETALING JAYA: Minetech Resources Bhd's share price rose half a sen or 5% this morning, after it bagged a contract to develop a large-scale solar photovoltaic plant in Manjung, Perak. At 11.13am, the stock stood at 10.5 sen with 429,200 shares changing hands. Yesterday, the group said its 70%-owned unit Coral Power Sdn Bhd has accepted the letter of award 10

April 23, 2018 10:19 AM New blood in candidate line-up as BN eyes Kelantan

KOTA BHARU: Kelantan Barisan Nasional (BN) has beefed up its candidate line-up for the 14th general election (GE14) with 30 new faces as well as well-established names being proposed in a bid to wrest the state from the grips of PAS which has been in power since 1990. Leading the charge is state BN chairman Datuk Seri Mustapa Mohamad who will defend 7

April 19, 2018 2:04 PM Kelantan UITM denies directing staff, lecturers to attend BN manifesto launch

Kelantan UiTM rector Tuan Mohd Rosli Tuan Hassan denied issuing a letter directing staff and lecturers were directed to attend the launch of state BN’s manifesto tonight.KUALA LUMPUR, April 19 — The rector of Kelantan Universiti Teknologi Mara (UiTM) has denied that staff and lecturers were directed to attend the launch of state BN’s manifesto tonight 9

April 19, 2018 3:30 AM T7 Global down despite securing new contracts

PETALING JAYA: T7 Global Bhd's share price dropped one sen or 1.92% this morning, despite securing three new contracts with a total value of RM63 million. At 11.07am, the stock, which was among the top active counters, stood at 51 sen. Its market capitalisation stood at RM216 million. Yesterday, the group said the first contract was from Murphy Sarawak 9

April 18, 2018 5:38 AM T7 Global clinches three contracts worth RM63m

PETALING JAYA: T7 Global Bhd has bagged three contracts with a total value of RM63 million. The offshore oilfield services provider told Bursa Malaysia that its subsidiary Wenmax Sdn Bhd had on January 15 received a letter of award from Murphy Sarawak Oil Co Ltd for the provision of maintenance services, spare parts and consumables for Gastec nitrogen 9

April 16, 2018 7:48 AM UK supermarket misleads consumers, says Indonesia-Malaysia palm council

A demand boom for widely-used palm oil has led to palm plantations spread across 18 million hectares in Indonesia and Malaysia. — Reuters picJAKARTA, April 16 ― The Council of Palm Oil Producing Countries (CPOPC), a palm oil board led by Indonesia and Malaysia, said British supermarket chain Iceland's decision to remove palm oil from its own-brand food products 10