MQ Market Updates

MQ Market Updates - 11 September 2023

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Publish date: Mon, 11 Sep 2023, 05:13 PM

Capital A Bhd, parent of Malaysian budget airline AirAsia, expects to see the carrier's operations returning to pre-pandemic levels by December, Capital A CEO Tan Sri Tony Fernandes told Reuters on Monday. (TheStar)

Kuala Lumpur Kepong Bhd (KLK) has agreed with Boustead Holdings Bhd and the latter's parent Armed Forces Fund Board (LTAT) on Sept 22 being the cut-off date for their strategic collaboration agreement (SCA) involving Boustead Plantations Bhd. (NST)

CIMB Group Holdings Bhd has raised its sustainable finance target to RM100 billion by 2024, marking a substantial increase from its earlier target of RM60 billion set in 2022, and an initial goal of RM30 billion set in 2021. (TheEdge)

Globaltec Formation Bhd's (GFB) indirect subsidiary has received approval to extend the exploration period for the Muralim Production Sharing Contract (PSC) in Indonesia, until March 29, 2025. (NST)

Affin Bank Bhd president and group chief executive officer Datuk Wan Razly Abdullah has been accorded the "2023 World Sustainability Icon Leadership Lifetime Achievement Award" at the 2023 World Green and Sustainability Summit (WGSS). (NST)

OCK Group Bhd has issued sukuk murabahah pursuant to its Islamic medium-term notes programme of up to RM700.0 million in nominal value over a tenure of 30 years. (TheStar)

Serba Dinamik Holdings Bhd (SDHB)’s liquidator has set Oct 10 as the date for the meeting of contributories to provide a status update of the company’s liquidation, and consider the appointment of a Committee of Inspection (COI). (TheEdge)


Source: New Straits Times, The Edge Markets, The Star 11 September 2023

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