BusinessToday's Trending Stories
PMX Launches PADU To Enhance Socio-Economic Data Accuracy, Targeted Subsidy Implementation (Updated)
Today (Jan 2), Prime Minister Anwar Ibrahim launches the Main Database System (PADU), an initiative aimed at streamlining the verification and updating process for socio-economic data.
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Key Market Drivers For 2024
The momentum toward de-globalisation, set in motion immediately after the pandemic, has been confirmed in 2023. Geopolitical tensions ensure that this trend will persist for the foreseeable future. The conclusion of the ‘risk-free’ world and the disappearance of the ‘peace dividend’ signify a heightened weaponization of the global economy.
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LYC Acquires Remaining Equity In S’pore Company For RM4.5 Million
LYC Healthcare’s subsidiary has announced that it will be acquiring the remaining 49% equity in SOG Mummy & Baby Centre Pte for a purchase consideration of RM4.5 million to be satisfied entirely via cash, subject to the terms and conditions contained in the SSA.
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Johor Hospital Chronicles Covid-19 Entry Into Malaysia, And Challenges Faced
While the Covid-19 pandemic may have abated, its enduring repercussions have reshaped lives and influenced the current landscape of healthcare. Dr. Kamal Amzan, CEO of Gleneagles Hospital Johor, documented the stages faced by the hospital in dealing with the pandemic, from the initial entry of the virus into the Johor region to the lessons learnt from addressing the global crisis, all in a new book entitled ‘Weathering The Storm.’
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Maybank IB Projects Malakoff To Be Loss-Making In FY23, Progressing In ESG 2.0
Maybank Investment Bank Bhd (Maybank IB) projected Malakoff Corporation Bhd to be loss-making in FY23 due to hefty negative fuel margin incurred to date.
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Time Extension Requested For Boustead Naval Shipyard Share Sale
Boustead Heavy Industries Corporation have requested for additional time for the fulfilment of the conditions with regard to the disposal of 27 million shares in Boustead Naval Shipyard Sdn Bhd held by its subsidiary Perstim Industries.
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Teladan Completes Transfer To Main Market
Teladan Group Berhad has informed that it has successfully transferred its listing of and quotation for the entire share capital and outstanding warrants 2021/2026 from the ACE Market to the Main Market of Bursa Securities with effect from 9.00 a.m. on Tuesday, 2 January 2024, marking the completion of the Transfer.
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Gas Malaysia To See Higher Domestic Gas Prices In 1H24; Maybank IB Stays HOLD Call
Gas Malaysia Bhd (Gas Malaysia) can expect domestic gas prices to be higher for the first half of 2024, given the trajectory if crude oil price in the second half of 2023, according to Maybank Investment Bank (Maybank IB).
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MAG Moves Academy To New Campus, Unveils New Corporate Website
Malaysia Aviation Group has relocated its MAB Academy’s (MABA) to a new campus from Kelana Jaya to South Support Zone in Sepang, which commenced operations on 15 December 2023. The new MAB Academy campus is strategically situated at Malaysia Airlines’ former headquarters and has undergone significant transformation.
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AGX Group Signs Up With TA For Ace Market Listing
AGX Group Berhad has entered into an underwriting agreement with TA Securities Holdings Berhad for the Company’s Initial Public Offering on the ACE Market of Bursa Malaysia Securities Berhad.
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