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January 19, 2018 3:00 AM CCM shares up on news to reactivate Pasir Gudang plant

PETALING JAYA: Chemical Company of Malaysia Bhd's (CCM) share price rose two sen or 0.93% this morning, after its subsidiary CCM Chemical Sdn Bhd (CCMC) approved the reactivation of its Pasir Gudang Works 1 plant, in a bid to grow its chlor-alkali business. As at 10.31am, the stock stood at RM2.18 with 63,400 shares changing hands. CCM has a market capitalisation 2

January 18, 2018 1:03 PM HSS invited to submit proposal for bridge project

PETALING JAYA: HSS Engineers Bhd’s associate company HSS Integrated Sdn Bhd has been invited by the Federal Territories Ministry to submit its proposal for the provision of consultancy services for the execution of the Labuan-Menumbok Bridge Link feasibility study, which has a ceiling contract value of RM14.31 million. The group said in a Bursa Malaysia 6

January 18, 2018 5:59 AM Parlo Tours completes RTO, lists on the ACE market

PETALING JAYA: Parlo Tours Sdn Bhd, travel management and services group in Malaysia, via a reverse takeover of Cybertowers Bhd has today joined the ACE Market of Bursa Malaysia Securities Berhad, under the name Parlo Bhd. The group's share price jumped 8.5 sen or 85% to trade at 18.5 sen as at 3.54pm today, with some 23.9 million shares changing hands 4

January 18, 2018 3:49 AM Malaysia’s Khazanah raises US$320.8m in exchangeable sukuk

Khazanah's managing director Tan Sri Azman Mokhtar answers questions from the media at a special briefing on the 12-point MAS recovery plan in Kuala Lumpur, on August 29, 2014. — Picture by Choo Choy MayKUALA LUMPUR, Jan 18 — Malaysia’s state investor Khazanah Nasional Bhd said today it has raised US$320.8 million (RM1.2 billion) through a sukuk that is exchangeable 7

January 17, 2018 6:47 AM Eversendai's Dubai unit bags two contracts for RM272m

PETALING JAYA: Eversendai Corp Bhd’s Dubai Unit EVS Dubai has bagged two contracts to provide structural steel works for two projects for a combined contract sum of RM272 million. The group said in a Bursa Malaysia filing that it has been awarded a contract by ALEC Engineering and Contracting LLC to provide structural steel works for the One Za'abeel 7

January 17, 2018 5:38 AM TNB shares take hit in Bursa morning trade

The Tenaga Nasional Berhad (TNB) logo is seen on a building in Kuala Lumpur April 29, 2016. — Picture by Saw Siow FengKUALA LUMPUR, Jan 17 — Tenaga Nasional Bhd’s (TNB) shares on Bursa Malaysia took a hit in the morning session today, after the Energy Commission (EC), announced that the national power company would bear the RM929.37 million rebate to maintain 9

January 16, 2018 12:36 PM UMW Oil & Gas unit awarded 3-year Petronas Carigali contract

PETALING JAYA: UMW Oil & Gas Corp Bhd’s unit UMW Workover Sdn Bhd (UWO) has been awarded a three-year contract by Petronas Carigali Sdn Bhd for an undisclosed contract sum. In a filing with Bursa Malaysia today, UMW Oil & Gas said the contract is for the provision of 340,000 and 460,000 hydraulic workover units (HWUs) to undertake workover services for Petronas 7

January 16, 2018 12:36 PM UMW Oil & Gas unit gets 3-year Petronas Carigali contract

PETALING JAYA: UMW Oil & Gas Corp Bhd’s unit UMW Workover Sdn Bhd (UWO) was awarded a three-year contract by Petronas Carigali Sdn Bhd for an undisclosed contract sum. In a filing with Bursa Malaysia today, UMW Oil & Gas said the contract is for the provision of 340,000 and 460,000 hydraulic workover units (HWU) to undertake workover services for Petronas 6

January 16, 2018 11:40 AM Gabungan AQRS and Tera Capital agree to more time for One Jesselton project

PETALING JAYA: Gabungan AQRS Bhd and Tera Capital Bhd have agreed to a second extension of time to finalise a definitive agreement to invest, construct and operate a mixed integrated property development on 6.284 acres One Jesselton Waterfront, Kota Kinabalu, Sabah. The initial memorandum of understanding (MoU) between Gabungan AQRS and Tera Capital 7

January 16, 2018 8:02 AM Broker pleads not guilty to RM350k securities fraud

KUALA LUMPUR: A security officer pleaded not guilty to two charges of being involved in securities fraud involving a total of RM350,000 at the Sessions Court here today. Ismail Basir, 67, who was arrested by the Securities Commission (SC), claimed trial for both the charges before Judge Azman Ahmad. He was accused of being directly in connection with the purchase 5