Johore Tin to be known as Able Global Bhd | Money malaymail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from malaymail.com Daily Mail and Mail on Sunday newspapers.
Air India
Air India is in the throes of “disinvestment” as the government
attempts to end decades of heavy losses and state intervention to keep the
airline flying.
India’s Economic Times reported this week that
disinvestment-bound Air India hopes to raise USD26.9 million to USD40.3 million
by selling commercial and residential real estate assets in e-commerce auctions
across the country starting 8 July.
A special-purpose business unit – Air India Assets Holding Ltd – has been set up to hold the non-core assets of the Air India group, many of which will be sold off to raise cash.
Singapore Airlines
Singapore Airlines describes its financial year ending 31 March 2021 as the “toughest year in its history.” Singapore Airlines Group slumped to a record SGD4.3 billion full-year net loss for the financial year reversing the SGD$59 million operating profit it made the previous year. At the operating level, the group was SGD2.5 billion in the red.
Serba Dinamik shares, warrants fall on profit taking after short-lived rebound theedgemarkets.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theedgemarkets.com Daily Mail and Mail on Sunday newspapers.
KUALA LUMPUR (June 14): Serba Dinamik Holdings Bhd’s board had agreed in principle to appoint Ernst & Young Advisory Services Sdn Bhd (EY) as its independent reviewer to assess veracity and accuracy of the matters highlighted by external auditors KPMG PLT.
In a bourse filing, the group said an updated announcement will be made upon the finalisation of terms and conditions of the said appointment.
In separate bourse filings, the group also announced that it was appointing Datuk Mohamed Ilyas Pakeer Mohamed, Masleena Zaid and Johan Mohamed Ishak to its board as independent and non-executive directors.
Johan, 45, had served as the chief executive officer of Media Prima Bhd between 2017 and 2020, and since then has occupied the role of managing director of Awesome Media Network Sdn Bhd, where Ilyas, 65, is chairman.
KUALA LUMPUR: Beginning Tuesday, the police will only accept approval letters issued by six ministries and certain agencies in allowing workers to pas.