LANGKAWI: Malaysia Airports Holdings Bhd (MAHB) is intensifying its efforts to improve airport network connectivity and promote inbound tourism into Langkawi, via the Langkawi International Airport (LGK).
KUALA LUMPUR: The board members of KUB Malaysia Bhd are willing to resign en bloc if required by its new controlling shareholder Datuk Seri Johari Abdul Ghani, two sources with knowledge of the matter said.
PARIS: Airbus SE secured a US$35bil jet deal from China during a state visit by President Xi Jinping to the French capital, dealing a fresh blow to Boeing Co as it grapples with the grounding of its best-selling jet.
SEOUL: Samsung Electronics Co Ltd said on Tuesday first-quarter profit would likely miss market expectations due to falls in chip prices and slowing demand for display panels, in an unprecedented statement ahead of its earnings guidance.
Shares of Bumi Armada tanked 80 percent last year, while the benchmark FBM KLCI declined 5.9%. The company reported a net loss of RM2.3bil in 2018, compared with a net income of RM352.2mil a year earlier. Ananda is Malaysia’s fifth-richest person with a net worth of about RM18.4bil.