LAST month, SGX-listed equipment manufacturer and engineering services provider UMS Holdings Ltd signed an agreement with a Malaysian-based aerospace metallic component manufacturer All Star Fortress Sdn Bhd (ASF).
PETALING JAYA: Private equity firm Creador Sdn Bhd has bought a 6.56% stake in convenience chain 7-Eleven (M) Holdings Bhd for RM108.82mil (US$25.28mil).
PETALING JAYA: The biggest fund raising exercise, US$5bil, this year is by Petroliam Nasional Bhd (Petronas).
PETALING JAYA: Brent crude prices, which have slid by 36% year-to-date and dipped another 0.84% to US$36.57 yesterday to trade at levels last seen in 2004, are having a ripple effect on the local bourse and the ringgit.
PETALING JAYA: In-flight caterer Brahim’s Holdings Bhd is selling a 49% stake in its subsidiary Brahim’s Airline Catering Holdings Sdn Bhd (BACH) to Singapore-based SATS Ltd for RM218mil cash based on certain conditions.
KUALA LUMPUR: The Government will have to review Budget 2016 should the price of Brent Crude remain at current levels.
KUALA LUMPUR: Minister in Prime Minister's Department Datuk Seri Wahid Omar says the government will review Budget 2016 if oil prices continue to stay low.
KUALA LUMPUR: In an unprecedented move, a large government-linked company (GLC) has taken the Inland Revenue Board (IRB) to court over a tax bill.