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Selangor MPs object to federal loan for Syabas
The federal government should not bail out Syarikat Bekalan Air Selangor Sdn Bhd (Syabas) with a 20-year back-loaded interest free unsecured RM320.8 million loan.
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Kencana bids for RM4bln worth of jobs
Kencana Petroleum Berhad, oil and gas industry support services player, is bidding for RM4 billion worth of projects in various locations around the world, said its group chief executive officer, Datuk Mokhzani Mahathir.
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DSC surges threefold on debut
Software and engineering solutions company DSC Solutions Bhd, which debuted on the ACE Market, closed threefold or 49.5 sen higher at 74.5 sen its reference price of 25 sen.
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Closing: Slew of bad news send shares broadly lower
Shares on the Bursa Malaysia traded broadly lower today. Trading on the local bourse had been lackluster in recent days as investors appear not keen to take fresh positions going into the yearend.
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MMM plans 10 more 3S centres by end-2010
Mitsubishi Motors Malaysia Sdn Bhd (MMM) plans to set up 10 more 3S (sales, service and spare parts) centres nationwide by end-2010 to further boost its market share in the non-national car market segment to 1.6% from 1.3% this year, said its chief executive officer, Keizo Ono.
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Opposition willing to work with govt. on BTN revamp
The opposition is willing to work with the government in revamping the controversial National Civics Bureau or Biro Tatanegara (BTN) course to make it more acceptable to multiracial Malaysia. Selangor Menteri Besar, Tan Sri Khalid Ibrahim today proposed that a special caucus comprising all Malaysian leaders, including present leaders and those who helped create the BTN course in the first place.
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MAS eyes RM2b from SITA's IT system
Malaysian Airline System Bhd (MAS) expects to rake in an incremental revenue of RM2 billion from the deployment of the sitas IT system, including the newly launched mhmobile-flymas.mobi service, over the next 10 years, said MAS managing director and CEO Tengku Datuk Azmil Zaharuddin.
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