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Sentoria Group CEO suspended for three months

KUALA LUMPUR: Sentoria Group Bhd has suspended the duties and functions of its group chief executive officer (CEO) Datuk Loh Yuen Tuck with immediate effect today.

Treading carefully

Looming debt restructuring

AS one of the largest corporate debt restructuring exercises in recent years is about to begin, it begs the question of whether some local companies have taken on too much debt prior to the pandemic.

Sentoria sells Bandar Amanjaya land for RM27 9mil

Sentoria sells Bandar Amanjaya land for RM27 9mil
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APFT, SKP Resources, Top Glove, VS Industry, Bintai Kinden and Sentoria

KUALA LUMPUR (Jan 8): Based on corporate announcements and news flow today, companies in focus on Monday (Jan 12) may include: APFT Bhd, SKP Resources Bhd, Top Glove Corp Bhd, VS Industry Bhd, Bintai Kinden Corp Bhd and Sentoria Group Bhd. APFT Bhd will be delisted from Bursa Malaysia on Jan 13, after the bourse dismissed the company’s appeal for an extension of time to submit its regularisation plan for approval. Bursa Malaysia said today that upon APFT’s delisting, the Practice Note 17 company will continue to exist, but as an unlisted entity. SKP Resources Bhd said five employees of its wholly-owned subsidiary, Syarikat Sin Kwang Plastic Industries Bhd, have tested positive for Covid-19. The group said it will continue to adhere to the standard operating procedures as directed by the MoH, in order to ensure the necessary safeguards are in place to prevent the spread of Covid-19 and to ensure its employees are provided with a safe and healthy working environment.

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