Serba dinamik it solutions sdn bhd

In a filing with Bursa on Thursday (May 26), the oil and gas service provider reiterated that it is taking steps to procure the support of Malaysian Trustees regarding the application for a court-convened meeting of its creditors and the application for a restraining order to be granted over the company. (Photo by Mohamad Shahril Basri/The Edge) - A + A KUALA LUMPUR (May 26): Serba Dinamik Holdings Bhd said on Thursday (May 26) that it received a writ of summons from Malaysian Trustees Bhd on May 18. The company was responding to a Bursa Malaysia query seeking clarification on The Edge ’s story entitled: "Serba Dinamik slapped with suit seeking repayment of RM100m after defaulting on debt papers". In a filing with Bursa on Thursday, the oil and gas service provider reiterated that it is taking steps to procure the support of Malaysian Trustees regarding the application for a court-convened meeting of its creditors and the application for a restraining order to … [Read more...] about Serba Dinamik receives writ of summons from Malaysian Trustees Bhd, confirming The Edge’s story

This article first appeared in The Edge Malaysia Weekly, on May 16, 2022 - May 22, 2022. Klang Valley Data Centre in Cyberjaya - A + A WITH 5G and digital services being two key growth areas, Telekom Malaysia Bhd (TM) is actively seeking partners and solutions in the digital space to strengthen its value proposition. And it is not discounting the possibility of acquisitions or joint ventures taking place this year. “That [the need to invest to be better positioned for new growth areas] is partly why we are looking at conserving our cash position,” its managing director and CEO Imri Mokhtar tells The Edge. “We are actively scouting the market [for acquisitions]. As we go into more specific projects, for example, we do need to acquire some of these specialists or boutique technology companies to complement [our portfolio].” Deals being sought include cloud computing, smart workforce, productivity and specialised industry-based solutions to bolster its … [Read more...] about Cover Story: Telekom on the prowl for M&A, JV to grow new digital services unit Credence

- A + A KUALA LUMPUR (May 26): Bursa Malaysia extended Wednesday's gains to end higher on Thursday (May 26), supported by buying demand for selected industrial products and services as well as telecommunications and media counters amid cautious sentiment on regional bourses, dealers said. Press Metal Aluminium Holdings Bhd and Telekom Malaysia Bhd (TM) were the top two gainers, putting on 14 sen to RM5.44 and 26 sen to RM4.97 respectively, and contributed a total of 3.68 points to the gains in the FBM KLCI. At 5pm, the benchmark index settled 5.59 points, or 0.36%, higher at 1,541.15, from Wednesday’s close at 1,535.56, after moving between 1,535.89 and 1,541.75 throughout the day. The KLCI opened 4.16 points higher at 1,539.72. However, market breadth was negative with decliners outpacing advancers 557 to 406, while 364 counters were unchanged, 986 untraded and 31 others suspended. Total turnover rose to 2.89 billion units worth RM1.92 billion from 2.34 … [Read more...] about Bursa extends gains to close higher