Business

Hibiscus ready to bloom raising RM2bil

[ad_1] PETALING JAYA: Hibiscus Petroleum Bhd is seeking to raise up to RM2bil, more than double its current market capitalization, from a proposed private placement of convertible exchangeable preferred shares (CRPS) to acquire good value, high quality oil and gas production assets. In a statement yesterday, the oil and gas …

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Highlights a pawn on the Umno-Bersatu chessboard

[ad_1] YOUR OPINION | ‘This requires strategic thinking. There must be a method if there is going to be madness. Conversation seat: Star unhappy, does not rule out retiring from PN Fernz: Parti Solidariti Tanah Airku (Star) President Jeffrey Kitingan should abandon the partisan mindset and get his politics and …

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Rosmah’s bid to gag the media is canceled

[ad_1] KUALA LUMPUR: Datin Seri Rosmah Mansor tried to outwit the media by reporting the testimony of his former assistant who became a key witness for the prosecution, but the High Court rejected his request. Datuk Rizal Mansor, who is the 21st prosecution witness, was reading his 46-page statement during …

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Don’t delay in talking to your bank

[ad_1] GEORGE TOWN: Yes, even if it was your spouse who lost his or her job, the banks will still be willing to help you with your loans. Bank Negara Malaysia Penang manager Abdul Hamid Ali says the banks are prepared to help any debtor financially affected by the pandemic …

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AirAsia establishes MRO unit to drive revenue

[ad_1] KUALA LUMPUR: AirAsia Bhd has restructured the group’s engineering units in its operating airlines into a centralized maintenance, repair and overhaul (MRO) subsidiary: Asia Digital Engineering Sdn Bhd (ADE). The company told Bursa Malaysia today that it has appointed Mahesh Kumar Jaya Kumar, the group’s head of fleet management …

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New Android feature tells you why someone is calling

[ad_1] Are you tired of seemingly random calls from unknown numbers? Google is rolling out a new feature that helps reveal why a business calls. The verified calls feature will display the caller’s name, company logo, reason for the call, and a verification symbol indicating that the participating company has …

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Moratorium amounting to RM81.9B granted on August 28

[ad_1] KUALA LUMPUR: The value of the loan moratorium on repayments of loans to financial institutions that came into effect on April 1 is estimated at RM81.9 billion as of August 28, 2020, says Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz (pix). He said that of the total amount, …

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