Capital A Eyes Exit From PN17 By May 2025
SEPANG, March 10 (Bernama) -- Capital A Bhd is eyeing to exit from Practice Note 17 (PN17) status by May 2025 after receiving approval from shareholders and the High Court on its regularisation plan.
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Capital A To Focus On Restructuring, No Dividend Plans Yet - CEO
SEPANG, March 10 (Bernama) -- Capital A Bhd will not resume dividend payments soon, as it is prioritising its restructuring efforts and debt reduction, said chief executive officer (CEO) Tan Sri Tony Fernandes.
KMI Healthcare, BSHSB Ink RM146 Mln Deal To Build And Lease 100-bed Hospital In Penang
KUALA LUMPUR, March 10 (Bernama) -- Kumpulan Medic Iman Sdn Bhd (KMI Healthcare), a subsidiary of TDM Bhd, has signed a build-and-lease agreement with Bertam Specialist Hospital Sdn Bhd (BSHSB) to develop a 100-bed hospital in Bertam, Seberang Perai Utara, Penang.
OCBC Bank Launches First Premier Private Client Centre In Malaysia
KUALA LUMPUR, Feb 18 (Bernama) -- OCBC Bank (Malaysia) Bhd has officially launched its flagship OCBC Premier Private Client Centre to double its premier client base in the country within five years.
Perak Corp Signs Supplemental Agreement To Amend JDA With Urbax
KUALA LUMPUR, Feb 14 (Bernama) -- Perak Corporation Bhd (Perak Corp) has signed a Supplemental Agreement with Urbax Properties Sdn Bhd to amend the terms of their Joint Development Agreement (JDA) dated June 7, 2024.
Special Dividend Likely, Given MPI's Strong Net Cash Position - CIMB Securities
KUALA LUMPUR, Feb 13 (Bernama) -- CIMB Securities Sdn Bhd forecasts the Malaysian Pacific Industries Bhd (MPI) to issue a potential special dividend, given its strong net cash position of RM991 million as of September 2024.
Malaysia Reiterates Commitment To Paris Agreement Amid US Exit - PM Anwar
DAVOS (Switzerland), Jan 22 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim reiterated Malaysia’s commitment to the Paris Agreement, highlighting the country’s willingness to take bold and tough measures to value humanity and preserve sustainability.
Berjaya's Vincent Tan Urges Local Companies To Joint HSR Consortium After MRCB Makes Exit
KLANG, Jan 17 (Bernama) — Berjaya Corporation Bhd has urged local companies to be part of a consortium for the Kuala Lumpur-Singapore high-speed rail (KL-SG HSR) project.
Bursa Malaysia Approves Bintai Kinden Regularisation Plan
KUALA LUMPUR, Jan 16 (Bernama) -- Bursa Malaysia Securities Bhd has approved Bintai Kinden Corporation Bhd’s proposed regularisation plan, a significant milestone in its journey towards financial recovery and exit its Practice Note 17 (PN17) status.
Murata Launches Maiden Milk Run Cross-Border Trucking Initiative
IPOH, Jan 15 (Bernama) -- Multinational electronics company, Murata Electronics (Malaysia) Sdn Bhd, has launched its first milk run cross-border trucking initiative at the Ipoh Cargo Terminal Sdn Bhd (ICT).
Rising Electricity Costs, Green Power Initiatives To Propel Solar Adoption In 2025
KUALA LUMPUR, Dec 30 (Bernama) -- Rising electricity costs and corporate requirements to report energy-saving initiatives are set to accelerate solar adoption in 2025, driving solar engineering, procurement, construction and commissioning (EPCC) players' order books to all-time highs.
Capital A To Exit PN17 Status By 1Q 2025 -- Fernandes
SEPANG, Dec 23 (Bernama) -- Capital A Bhd is expected to exit Practice Note 17 (PN17) status by the first quarter of next year after submitting its proposed regularisation plan to Bursa Malaysia Securities Bhd today.