Bursa Malaysia, Tiong Nam Logistics, Lay Hong, MAHB, Borneo Aqua, Axiata and Kuantan Flour Mills - News Summed Up

Bursa Malaysia, Tiong Nam Logistics, Lay Hong, MAHB, Borneo Aqua, Axiata and Kuantan Flour Mills


KUALA LUMPUR (Feb 3): Based on corporate announcements and news flow today, companies that may be in focus on Monday (Feb 6) could include the following: Bursa Malaysia Bhd, Tiong Nam Logistics Holdings Bhd, Lay Hong Bhd, Malaysia Airports Holdings Bhd, Borneo Aqua Harvest Bhd, Axiata Group Bhd and Kuantan Flour Mills Bhd. The order was made by the Court of Appeal after Lay Hong Lay Hong Food Corp Sdn Bhd (LHF) appealed against the RM3.71 million sum awarded to Tiong Nam Logistics Solutions Sdn Bhd (TNLS) by the High Court in April 2016. Malaysia Airports Holdings Bhd’s (MAHB) operating agreements for KL International Airport (KLIA), klia2 and other Malaysian airports have been extended by 35 years. Borneo Aqua Harvest Bhd has terminated its joint venture agreement (JVA) with City Harvest Aquaculture Sdn Bhd after the latter failed to deliver documents relating to its business activities. "Following the termination of the JVA, Plentiful Harvest will seize all assets belonging to City Harvest that are situated on the land," Borneo Aqua said.


Source: The Edge Markets February 03, 2017 14:00 UTC



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