PETALING JAYA: The government can address the twin objectives of improving the efficiency and efficacy of its procurement and at the same time support the small and medium enterprises (SME) via a transparent handicapped system, said Small and Medium Enterprises Association (Samenta) national secretary Yeoh Seng Hooi (pix). Commenting on the Economic Affairs Minister Rafizi … Read more
DENGKIL: LBS Bina Bhd has exceeded its annual property sales target by 25% to RM2.003 billion for 2022 compared with its initial sales target of RM1.600 billion with 90% main contribution from Klang Valley projects, according to executive chairman Tan Sri Lim Hock San (pic). He said that it was achieved due to the project … Read more
PETALING JAYA: Ansat Broadcast Sdn Bhd and MNC Group’s subsidiary, PT MNC Vision Networks Tbk (IPTV), today inked a term sheet for a joint venture to provide subscriber-based television and content distribution services using direct-to-home (DTH) for the Malaysian market. Malaysian viewers will get to enjoy offerings from MNC Media’s digital entertainment arm, PT MNC … Read more
PETALING JAYA: Sime Darby Property Bhd expects sales momentum to progress towards year-end but will likely slow down in 2023 due to headwinds in the year ahead, according to its group managing director, Datuk Azmir Merican. “Sales momentum will still be strong (although) it may not be as high as in 2022. We don’t expect … Read more
KUALA LUMPUR: Malayan Banking Bhd (Maybank), which today signed a 21-year tenancy agreement with Permodalan Nasional Bhd (PNB) to lease space in Menara Merdeka 118 here, will move its corporate head office to the world’s second tallest building in the first quarter of 2025 (Q1’25). Maybank group president and CEO Datuk Khairussaleh Ramli said it … Read more
KUALA LUMPUR: Yew Lee Pacific Group Bhd made its debut on the ACE Market of Bursa Malaysia Securities this morning, opening at 28.5 sen per share above its initial public offering (IPO) price of 28 sen per share, chalking up a 0.5 sen or 1.79% premium. The Perak-based group is an industrial brush manufacturer and … Read more
PETALING JAYA: Vistage Malaysia & Singapore (VMS) recently hosted its inaugural members excellence awards, where eight recipients received the lifetime achievement award and seven received the leadership award. The lifetime achievement award recipients were Scientex Bhd managing director Lim Peng Jin, Golden Fresh Sdn Bhd CEO Saw Hai Earn, EP Plus Group Sdn Bhd group … Read more
PETALING JAYA: Electrical and mechanical engineering services provider Kejuruteraan Asastera Bhd (KAB) and investment holdings company Pinetree Field Sdn Bhd signed a memorandum of understanding (MoU) today to raise RM100 million in two years via private placement to spur KAB’s plans to expand into telecommunications and hydro power. KAB managing director Datuk Lai Keng Onn … Read more