CORPORATE

Minda Global Debuted on Bursa

 |  Tuesday, 20 February 2018 10:32  |  Published in CORPORATE

Minda Global Bhd, which debuted on Bursa Malaysia’s Main Board today after taking over the listed status of Asiamet Education Group Berhad (AEGB), opened at 21.5 sen on Monday.

Minda Global closed its first trading day 6.82 per cent lower at 20.5 sen with 1.4 million shares traded.

British American Tobacco Malaysia decline in earnings

 |  Wednesday, 14 February 2018 16:33  |  Published in CORPORATE

British American Tobacco (Malaysia) Berhad (BAT Malaysia) announced its financial results for the fourth quarter of the year ended 31 December 2017.  

On a year-on-year (Y-O-Y) comparison, the company’s revenue and profit from operations were down following the legal market size decline compared to 2016 and the significantly reduced export volumes as a result of the factory closure. 

Seacera To Acquire 70% Equity in Teras Sari Resources

 |  Wednesday, 14 February 2018 11:32  |  Published in CORPORATE

Seacera Group Bhd, a Bursa Malaysia Main Market listed company that is involved in the tile manufacturing, property and construction businesses, announced that its wholly-owned subsidary Seacera Builders Sdn Bhd has entered into a heads of agreement (HOA) with LT Century Development Sdn Bhd and LTC Holdings Sdn Bhd (Vendors) for the proposed acquisition of 70% equity interest in Teras Sari Resources Sdn Bhd (TSRSB) for a purchase consideration to be determined at a later date.

On the same day, TSRSB has received and accepted a Letter of Intent (LOI) from Jabatan Kerja Raya Malaysia for the project “Menaiktaraf Jalan Persekutuan (FT003) Dari Bandar Pekan ke Kampung Sungai Miang, Pekan, Pahang” which comes with a contract value of RM338.14 million.


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