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KUALA LUMPUR: Companies making headlines include BHIC, MN Holdings, HeiTech Padu, Kobay, Guan Ching, UMedic, JAG, Tune Protect, UCrest and Kitacon, said Apex Securities Research.
Boustead Heavy Industries Corp Bhd’s (BHIC) indirect wholly owned subsidiary, Perstim Industries Sdn Bhd, has proposed to dispose of 27,000,001 ordinary shares in Lumut Naval Shipyard Sdn Bhd (Lunas) to Ocean Sunshine Bhd (OSB) for RM334.73mil cash.
Boustead Heavy Industries Corp Bhd (BHIC) will receive a repayment sum of RM49.7 million, as a result of the write-off of the RM384.43 million net debt owed by Lumut Naval Shipyard Sdn Bhd (Lunas).
Both parties will enter into an intercompany trade receivables settlement agreement (ITRSA), after BHIC has obtained its shareholders’ approval.
Kuala Lumpur: Boustead Heavy Industries Corporation Bhd’s (BHIC) indirect wholly owned subsidiary Perstim Industries Sdn Bhd (PISB) has proposed to dispose of 27,000,001 ordinary shares in Lumut Naval Shipyard Sdn Bhd (LUNAS) to Ocean Sunshine Bhd (OSB) for RM334.73 million cash.
KUALA LUMPUR: Companies with corporate announcements include AZRB, Betamek, MISC, Meridian, BHIC, Kerjaya Prospek, EVD, Berjaya Corp and K-One, said Apex Securities Research.
KUALA LUMPUR: Boustead Heavy Industries Corp Bhd's (BHIC) planned disposal of its 20.77 per cent stake in the troubled Boustead Naval Shipyard Sdn Bhd to the Ministry of Finance (MoF) for RM1 has been extended for another month to April 30, ...
Boustead Heavy Industries Corp Bhd’s (BHIC) planned disposal of its 20.77% stake in the troubled Boustead Naval Shipyard Sdn Bhd (BNS, now known as Lumut Naval Shipyard Sdn Bhd) to the Ministry of Finance (MOF) for RM1 has been extended for another month to April 30.
BOUSTEAD Plantations Bhd (BPlant), a wholly-owned subsidiary of Lembaga Tabung Angkatan Tentera (LTAT)-controlled Boustead Holdings Bhd, is in talks to sell 1,200 acres of plantation land in Kulim, Kedah, to Kulim Technology Park Corp Sdn Bhd (KTPC), according to sources.
It is understo...
KUALA LUMPUR (March 14): Here is a brief recap of some corporate announcements that made the news on Thursday:
CTOS Digital Bhd's wholly-owned CTOS Data Systems Sdn Bhd (CDS) has applied for a stay of execution of a High Court judgement after CDS was ordered to p...