KUALA LUMPUR, April 23 -- Serba Dinamik Holdings Bhd has proposed for a private placement of its shares to raise up to RM580.09 million for its working capital and to reduce part of its existing loans.
KUALA LUMPUR, April 21 -- The Finance Ministry has already factored in the impact of lower oil prices into its budget deficit forecast of more than four per cent of the country's gross domestic product (GDP) this year.
KUALA LUMPUR, April 21-- Amidst global uncertainty due to the COVID-19 pandemic that had led to lockdowns and controlled movements worldwide, Serba Dinamik Holdings Bhd is optimistic on its projections, particularly its RM7.71 billion project in Abu Dhabi.
By Siti Radziah Hamzah
KUALA LUMPUR, April 21 -- The worst may not be over for the oil market as West Texas Intermediate (WTI) ended its May contract trading about US$30 below zero on Monday, the first time oil prices have ever turned negative.
NEW YORK, April 21 -- US oil prices crashed to the negative territory for the first time in history on Monday, fueled by pandemic-related demand shock and oversupply fears, reported Xinhua news agency.
KUALA LUMPUR, April 20 -- RAM Ratings has revised its headline inflation projection for 2020, to 0.0 per cent from 0.7 per cent, mainly due to weak global oil prices, generous discounts for household electricity bills and subdued demand.
By Mohd Iswandi Kasan Anuar
KUALA LUMPUR, April 19 -- Market participants are doubtful that a historic one-year oil production cut pledged by major producers recently would solve the oversupply problem.
KUALA TERENGGANU, April 17 -- The Terengganu government is hoping that the 25 per cent reduction in the petroleum cash payments as settlements for its debts to the federal government will be reconsidered.
KUALA LUMPUR, April 16 -- The domestic capital market is expected to remain resilient and orderly, underpinned by Malaysia’s strong macroeconomic fundamentals, ample domestic liquidity, and supportive capital market infrastructure.
KUALA LUMPUR, April 15 -- Serba Dinamik International Ltd (SDIL), a wholly-owned unit of Serba Dinamik Holdings Bhd, has bagged a RM7.71 billion construction contract in Abu Dhabi.
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