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Leong Hup International Bhd’s (LHI) pro forma net gearing ratio is expected to deteriorate to 0.96 times from 0.7 times, assuming the group fully utilises its cash reserves for the penalty settlement imposed on it by the Malaysia Competition Commission (MyCC).
KUALA LUMPUR: PPB Group Bhd’s flour and animal feed milling subsidiary FFM Bhd will consult with its external legal counsels to challenge the Malaysia Competition Commission’s (MyCC) decision to impose a penalty of RM42.69 million for price-fixing infringement.
The Malaysian healthcare sector is poised for sustained growth in 2024, bolstered by the Health Ministry’s enlarged budget allocation, close collaboration between the public and private sectors, and the ongoing growth in medical tourism.
Nurul Iylia Sabeela is one lucky customer.
KUALA LUMPUR: Bukit Aman has rubbished claims that it raided an oil and gas engineering company’s office.