THE government’s proposed multi-lane fast flow (MLFF) toll collection system seems to be gaining momentum, with at least two highway concessionaires  — the latest being Ekovest Bhd — participating in a pilot testing of the system.  

Ekovest, the concessionaire of the Duta-Ulu ...

Plan for MLFF toll system gains momentum, Ekovest has started pilot test

Notable filings

For the week of May 15 to 19, notable shareholding changes in Bursa Malaysia-listed companies included those at NCT Alliance Bhd. Chin Hin Group Property Bhd’s non-independent non-executive chairman Datuk Seri Chiau Beng Teik and his son Chiau Haw Choo...

Insider Moves: NCT Alliance Bhd, SC Estate Builder Bhd, NTPM Holdings Bhd, Time dotCom Bhd, KPJ Healthcare Bhd

AFTER almost six months of lacklustre market performance, investors are hoping conditions will improve in the second half of the year. However, analysts are mixed on what lies ahead.

The more bullish fund managers say the impact from the banking crisis that started with the collapse of ...

Market could face a bumpy road in 2H2023

LOW-profile plastic packaging company Thong Guan Industries Bhd has seen stellar growth in its top and bottom line over the last five years, on the back of increasing demand for premium stretch film in Europe.

The group charted a compound annual growth rate (CAGR) of almost 10% in reven...

Thong Guan expects higher sales amid slow economy 

FINANCIALLY distressed Pharmaniaga Bhd is understood to have received proposals from interested parties looking to take a stake and participate in the pharmaceutical company’s restructuring, sources say.

The interested parties are said to include institutional funds, private equity firm...

A ‘cheap’ Pharmaniaga is attracting potential investors

BRENT crude oil has come off the peak over the past year. To put things in perspective, the benchmark had slipped almost 40% from above US$120 per barrel last June to a year low of US$72 per barrel on May 4.

The current price weakness was despite the surprise supply cut by Opec+ produce...

Cover Story: O&G firms yet to fetch premium valuations

WHEN news emerged earlier this month of a possible merger between Petronas-controlled Malaysia Marine and Heavy Engineering Holdings Bhd (MHB), and Sapura Energy Bhd — a 40% subsidiary of state-owned unit trust outfit Permodalan Nasional Bhd (PNB) — industry players wondered whether such a potent...

Cover Story: O&G consolidation in the pipeline

It is a busy week for Malaysia, with the April inflation rate and a fresh spate of corporate earnings among the key focus areas for investors.

The Week Ahead: Eyes on April inflation, corporate earnings and Dewan Rakyat’s second meeting

BP Healthcare Group, founded by Datuk Beh Chun Chuan, said the group has expressed its interest in financially troubled Pharmaniaga Bhd.

In an email reply, Beh said BP Healthcare has “registered our interest”, when The Edge asked if the company has put in a proposal in a bid to turn around Pharmaniaga.

BP Healthcare eyes stake in Pharmaniaga

THE government is said to be looking at extending the concession period for all highways in Peninsular Malaysia to avoid toll hikes.

Sources say that the government is extending the concession period to as long as 30 years, subject to cabinet approval.

“The plan to extend the ...

Intan Farhana Zainul

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