Page 23 - Practice Note News Today

KUALA LUMPUR, Sept 5 — Destini Berhad today denied that it has been delisted from Bursa Malaysia or is in financial distress as alleged. In a statement today, the company said...

Here is a brief look at some corporate announcements and news flow on Tuesday which include Tenaga Nasional Bhd, FGV Holdings Bhd, CIMB Group Holdings Bhd, Bank Islam Malaysia Bhd, Leong Hup International Bhd, Hengyuan Refining Co Bhd, Hong Leong Bank Bhd, Berjaya Corp Bhd, Serba Dinamik Holdings Bhd, Icon Offshore Bhd, Affin Bank Bhd, Citaglobal Bhd and Muhibbah Engineering (M) Bhd.

Here is a brief look at some corporate announcements and news flow on Wednesday (Aug 17), which involve AMMB Holdings Bhd, Malaysia Marine and Heavy Engineering Holdings Bhd, Swift Haulage Bhd, Teladan Setia Group Bhd, Kuala Lumpur Kepong Bhd, Sime Darby Bhd, Tenaga Nasional Bhd, PMB Technology Bhd and Malaysia Pacific Corp Bhd.

NSW has introduced new duty laws that will apply to lease transactions, but there are many unresolved questions about how the new rules will work.

Malaysia Pacific Corp Bhd — whose shares will be suspended from trading effective from Friday (Aug 19) — has bagged two subcontracts worth RM44.91 million from Windsor Aims Machinery Sdn Bhd.

The trading of Malaysia Pacific Corporation Bhd (MPCorp) shares will be suspended by the Bursa Malaysia Securities Bhd with effect from Aug 19 and the counter will be de-listed on Aug 23 unless an appeal against the de-listing is submitted on or before Aug 18. In a filing with Bursa Malaysia on Friday, it said this follows Bursa Securities’ decision, vide a letter dated Aug 11, 2022, to reject the company’s application for an extension of time to comply with Paragraph 8.04(3) and Practice No...

Here is a brief look at some corporate announcements and news flow on Thursday (Aug 11), which include KPower Bhd, Greatech Technology Bhd, Tomypak Holdings Bhd, Pentamaster Corp Bhd, RCE Capital Bhd, MGB Bhd, Kejuruteraan Asastera Bhd, Pasukhas Group Bhd, Malaysia Pacific Corp Bhd and D'nonce Technology Bhd.

Decision part of rehabilitation of company

The Public Audit Forum is consulting on a proposed amended version of Practice Note 10, which provides guidance to auditors of UK public sector bodies.

KUALA LUMPUR: Sapura Energy Bhd’s (pic) group chief executive officer (CEO) and a major shareholder’s move to raise their stakes in the Practice Note 17 (PN17) company is a positive sign for existing shareholders and the financially distressed oil and gas support service provider, according to BIMB Securities Research analyst Azim Faris Abdul Rahim.