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Summary of business stories from June 21 to 27


Corporate News
Astro and Netflix have entered into a partnership that will see the streaming service brought on to Astro s platform.
The content providers announced in a joint statement that Astro customers will soon be able to access Netflix on their connected Ultra Boxes, first at launch, and subsequently on Ulti Boxes.
The partnership offers their Malaysian customers greater convenience by having Netflix with their Astro subscription, which will provide easy access for payment in a single bill at the best value.
Oil services and engineering company Serba Dinamik Holdings Bhd is taking legal action against its external auditor KPMG PLT for alleged negligence, breach of contract and breach of statutory duty. ....

Jien Shiung , Mohd Karim , Mohd Karim Abdullah , Serba Dinamik , Sdn Bhd , Muhyiddin Yassin , Chow Huat , Mohd Fadzmi Che , Serba Dinamik Holdings Bhd , International Monetary Fund , Risen Solar Technology Sdn Bhd , Sanichi Technology Bhd , National Economic Recovery Plan , Bank Malaysia Bhd , Risen Energy Co Ltd , Sumitomo Mitsui Banking Corporation Malaysia Bhd , Bank Negara Malaysia , Ecoworld Malaysia , Ultra Boxes , Datuk Mohamed Ilyas Pakeer , Datuk Dr Mohd Karim Abdullah , World Malaysia , Datuk Seri Pang Chow Huat , Esteem Role Sdn Bhd , Minister Tan Sri Muhyiddin Yassin , Risen Solar ,

SCIB has ambitious plan for 2021


(SCIB), which had recently become a billion ringgit market capitalisation company, is aiming to double its size in the next 12 months.
The construction outfit, which is controlled by Datuk Mohd Karim Abdullah, (pic) is eyeing to take up bigger roles that include bidding for bigger infrastructure projects, embarking on mergers and acquisitions (M&As), as well as becoming project owners.
Karim acknowledged that while the Covid-19 pandemic posed challenges to the construction sector, he is confident SCIB would be able to achieve 20% to 30% revenue and profit growth this year compared with 2020. This will be driven by its strong order book and new technology adoption that will improve its profit margins. ....

Peninsular Malaysia , Malaysia General , Datuk Mohd Karim Abdullah , Serba Dinamik , Rosland Othman , Kumpulan Powernet Bhd , Serba Dinamik Holdings Bhd , Construction Industry Development Board , Pan Borneo Highway , Middle East , Serba Dinamik Holdings , Kumpulan Powernet , Corporate News , Sarawak Consolidated Industries , Mohd Karim Abdullah , தீபகற்பம் மலேசியா , மலேசியா ஜநரல் , ரோஸ்லேண்ட் ஆத்மந் , கட்டுமானம் தொழில் வளர்ச்சி பலகை , பான் போர்னியோ நெடுஞ்சாலை , நடுத்தர கிழக்கு , பெருநிறுவன செய்தி , சரவாக் தொகுக்கப்பட்டு தொழில்கள் , மொஹட் கரீம் அப்துல்லா ,