Gabungan AQRS Bhd said that the letter of demand by Lien Hoe Corp Bhd’s unit for an outstanding payment of RM50.46 million on a joint development in Johor Bahru is premature, “expressively excessive” and “misleading”. Wintoni Group Bhd said its new board members — elected at its extraordinary meeting on June 20 — has submitted plans and new direction on how to improve its financial performance, to Bursa Malaysia. Services Bhd (MyEG) said it will offer life insurance products by Hong Leong Assurance (HLA) via its website and digital platform. The partnership will allow MyEG to increase the number of products offered via the platform, it said. Northport (M) Bhd, a unit of MMC Corp Bhd, has inked a strategic alliance with two Sarawak-based shipping companies, Shin Yang Shipping Sdn Bhd and Harbour-Link Group Bhd, to increase shipping service frequencies in East Malaysia.

Source: The Edge Markets September 08, 2017 13:30 UTC