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AirAsia to boost flight frequencies to cope with demand for GE14

AirAsia to boost flight frequencies to cope with demand for GE14

KUALA LUMPUR: AirAsia will increase its flight frequencies on selected domestic routes to cope with demand for the coming 14th General Elections (GE14). In a statement today, the airline said it would operate 120 additional flights, including 20 using 377-seat Airbus A330 aircraft. “The original May 8-10 travel period for our fixed fares has been […]

April 19, 2018 | By | Reply More
Hektar REIT plans to double asset value to RM2.4b

Hektar REIT plans to double asset value to RM2.4b

KUALA LUMPUR: Hektar Real Estate Investment Trust (Hektar REIT) plans to double its asset value to RM2.4 billion with the acquisition of four new retail properties by 2026. Hektar Asset Management Sdn Bhd executive director and chief executive officer Datuk Hisham Othman said the company is currently in talks with several parties over possible acquisitions. […]

April 19, 2018 | By | Reply More
Maxis' posts higher Q1 net profit of RM523m

Maxis' posts higher Q1 net profit of RM523m

KUALA LUMPUR: Maxis Bhd posted a higher net profit of RM523 million in the first quarter (Q1) ended March 31, 2018 from RM502 million a year ago, and strengthened its position as Malaysia’s number one 4G high speed service provider. Maxis’ revenue in the same quarter, however, eased 5.8 per cent to RM2.24 billion from […]

April 19, 2018 | By | Reply More
IHH Healthcare ready to infuse up to RM2.3 billion into India's Fortis

IHH Healthcare ready to infuse up to RM2.3 billion into India's Fortis

PETALING JAYA: IHH Healthcare Bhd, whose bid for India’s Fortis Healthcare Ltd was rejected recently, said it is ready to invest up to 40 billion rupees (RM2.36 billion) through a preferential allotment of equity shares at a price not exceeding 160 rupees per share. Its offer comes as Fortis announced that it had received an improved […]

April 19, 2018 | By | Reply More
IHH ready to invest 4,000 crore rupees in Fortis

IHH ready to invest 4,000 crore rupees in Fortis

PETALING JAYA: IHH Healthcare Bhd, whose bid for India’s Fortis Healthcare Ltd was rejected recently, said it is ready to invest up to 4,000 crore rupees through a preferential allotment of equity shares at a price not exceeding 160 rupees per share. In a filing with Bursa Malaysia, IHH said it had issued a strictly non-binding […]

April 19, 2018 | By | Reply More
China Mobile International to widen its reach in enterprise segment

China Mobile International to widen its reach in enterprise segment

PETALING JAYA: China Mobile International Malaysia Sdn Bhd (CMI Malaysia) which has been providing telecommunication related connectivity services to telco carriers, is looking to grow contributions and expand its reach in the enterprise segment of its Malaysian operations. The group, which has had a footing in Malaysia for over a period of two years, provides […]

April 19, 2018 | By | Reply More
China Mobile to widen its reach in enterprise segment

China Mobile to widen its reach in enterprise segment

PETALING JAYA: China Mobile International Malaysia Sdn Bhd (CMI Malaysia) which has been providing telecommunication related connectivity services to telco carriers, is looking to grow contributions and expand its reach in the enterprise segment of its Malaysian operations. The group, which has had a footing in Malaysia for over a period of two years, provides […]

April 19, 2018 | By | Reply More
MAN Heavy-duty Distribution Trucks for Seri Harmoni

MAN Heavy-duty Distribution Trucks for Seri Harmoni

MAN Truck and Bus (M) Sdn Bhd (MAN) delivers eight MAN TGS 33.480 6×4 trucks to Seri Harmoni Haulage Sdn Bhd (Seri Harmoni), bringing the total of MAN vehicles in the transporter’s fleet to 98. To be used with Seri Harmoni’s low bed trailers, the new heavy-duty distribution trucks will transport concrete and steel structures […]

April 19, 2018 | By | Reply More
Technology roadmap updates for Everus Technologies

Technology roadmap updates for Everus Technologies

Everus Technologies, a blockchain focused technology company, introduces new updates to its product lineup and the launch of its mobile roadmap. The Everus Mobile Wallet, a blueprint which outlines its targets and goals for the future. Additional mobile-centric services and tools are under development as well. The Everus Mobile Wallet aims to familiarize customers with […]

April 19, 2018 | By | Reply More
T7 Global down despite securing new contracts

T7 Global down despite securing new contracts

PETALING JAYA: T7 Global Bhd’s share price dropped one sen or 1.92% this morning, despite securing three new contracts with a total value of RM63 million. At 11.07am, the stock, which was among the top active counters, stood at 51 sen. Its market capitalisation stood at RM216 million. Yesterday, the group said the first contract […]

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