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TM, YTL ready to sign deal to subscribe to DNB shares, MNOs can increase equity stake - Tengku Zafrul

TM, YTL ready to sign deal to subscribe to DNB shares, MNOs can increase equity stake - Tengku Zafrul

TM and YES have obtained approval from their board members and are ready to sign an agreement to subscribe to DNB shares for the implementation of 5G in Malaysia.
Fri Sep 02 2022
MNOs call for meeting with govt, want details on 5G SWN stake offer

MNOs call for meeting with govt, want details on 5G SWN stake offer

MNOs would like to discuss and seek input from the government on the details of the proposed equity stake offer with regard to the SWN model for 5G.
Thu Mar 24 2022
Malaysia maintains sole 5G network, offers 70% stake to telcos

Malaysia maintains sole 5G network, offers 70% stake to telcos

M'sia is sticking with its plan for a sole 5G network to maintain policy continuity but will allow telecoms companies to hold equity stakes.
Thu Mar 17 2022
MNOs hail SWN continuation, stake offer in DNB

MNOs hail SWN continuation, stake offer in DNB

Celcom Axiata Bhd, Digi Telecommunications Sdn Bhd, Maxis Bhd and U Mobile Sdn Bhd have welcomed the Cabinet's decision to continue with the SWN model as well as to take up an equity stake in DNB.
Wed Mar 16 2022
Govt to maintain single 5G network, offer up to 70 pct equity stake in DNB to telcos

Govt to maintain single 5G network, offer up to 70 pct equity stake in DNB to telcos

The participation of telcos in DNB would enable them to be involved in the implementation of the country's 5G network, Tengku Zafrul said.
Wed Mar 16 2022
Exclusive: Lessor BOC Aviation says AirAsia X restructuring favours Airbus, calls for debt-to-equity swap

Exclusive: Lessor BOC Aviation says AirAsia X restructuring favours Airbus, calls for debt-to-equity swap

BOCA COO David Walton said the restructuring was unfair as it writes off 99.7 pct of claims without offering creditors an equity stake.
Tue Dec 15 2020
1MDB clarifies on recycled, wrong statements by Tony Pua

1MDB clarifies on recycled, wrong statements by Tony Pua

1MDB today reiterated that the key objective of its US$1 billion equity investment in PetroSaudi International (PSI) was to obtain a 40 per cent equity stake, which was achieved.
Sun Oct 18 2015
MAHB is first Asian company to fully own a European airport

MAHB is first Asian company to fully own a European airport

MAHB has completed the transaction to acquire the remaining 40 per cent equity stake in the Istanbul Sabiha Gokcen International Airport.
Mon Jan 05 2015
Kampung Tanjung Kala residents affected by flooded bridge every time it rains heavily

Kampung Tanjung Kala residents affected by flooded bridge every time it rains heavily

Almost 200 residents from 60 homes in Kampung Tanjung Kala have ended up stuck when their 200-metre (m) long concrete bridge flooded.
Sat Nov 23 2024
COP29 climate summit draft proposes rich countries pay $250 billion per year

COP29 climate summit draft proposes rich countries pay $250 billion per year

The draft finance deal criticised by both developed and developing nations.
Fri Nov 22 2024
Bomb squad sent to London's Gatwick Airport after terminal evacuation

Bomb squad sent to London's Gatwick Airport after terminal evacuation

This was following the discovery of a suspected prohibited item in luggage.
Fri Nov 22 2024
Kelantan urges caution amidst northeast monsoon rains

Kelantan urges caution amidst northeast monsoon rains

Kelantan has reminded the public in the state to refrain from outdoor activities with the arrival of the Northeast Monsoon season.
Fri Nov 22 2024
Former New Zealand PM Jacinda Ardern receives UN leadership award

Former New Zealand PM Jacinda Ardern receives UN leadership award

Former New Zealand prime minister Jacinda Ardern was given a global leadership award by the United Nations Foundation.
Fri Nov 22 2024
ICC'S arrest warrants for Netanyahu, Gallant an apt decision - PM

ICC'S arrest warrants for Netanyahu, Gallant an apt decision - PM

The decision of the ICC to issue arrest warrants against Benjamin Netanyahu and Yoav Gallant is apt, said Datuk Seri Anwar Ibrahim.
Fri Nov 22 2024
KTMB provides two additional ETS trains for Christmas, school holidays

KTMB provides two additional ETS trains for Christmas, school holidays

KTMB will provide two additional ETS trains for the KL Sentral-Padang Besar route and return trips in conjunction with the holidays.
Fri Nov 22 2024
BNM'S international reserves rise to USD118 bil as at Nov 15, 2024

BNM'S international reserves rise to USD118 bil as at Nov 15, 2024

Malaysia's international reserves rose to US$118.0 billion as at Nov 15, 2024, up from US$117.6 billion on Oct 30, 2024.
Fri Nov 22 2024
Findings by dark energy researchers back Einstein's conception of gravity

Findings by dark energy researchers back Einstein's conception of gravity

The findings announced are part of a years-long study of the history of the cosmos focusing upon dark energy.
Fri Nov 22 2024
NRES responds to Rimbawatch press release on COP29

NRES responds to Rimbawatch press release on COP29

The Ministry of Natural Resources and Environmental Sustainability (NRES) wishes to offer the following clarifications to the issues raised.
Fri Nov 22 2024