Sunday 08 Sep 2024
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EVENING 5: AAX comes out of PN17

Here’s a quick look at some of the stories that made headlines today.

Dirty dealings. Corporate battles. Consumer woes. Here are five things you need to know today.

1. AirAsia X Bhd said its Practice Note 17 status will be uplifted on Wednesday after Bursa Securities allowed its appeal on the matter.

2. Star Media Group Bhd’s net profit fell 97.45% to RM56,000 for the 3QFY2023, as earnings were once again affected by high operating costs.

3. Kerjaya Prospek Group Bhd’s RM404.35 million job from BCM Holdings Sdn Bhd — a subsidiary of EcoFirst Consolidated Bhd — has fallen through.

4. Mega First Corp Bhd is increasing its shareholding in the Don Sahong hydropower project in Laos from 80% currently to 91.25%, through a US$85 million transaction.

5. DC Healthcare Holdings Bhd has proposed to acquire aesthetic medical clinic operator I Bella Sdn Bhd for RM70 million in cash and new shares at 58 sen apiece.

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