GDB plans RM81.6 million stake purchases and property expansion
Proposed share fundraising would generate between RM70.83 million and RM183.48 million to finance acquisitions, working capital and related expenses.
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Proposed share fundraising would generate between RM70.83 million and RM183.48 million to finance acquisitions, working capital and related expenses.
The group obtained approval to reschedule a RM33.5 million term loan, but its auditor said liquidity remains dependent on planned initiatives.
The proposed cash deal is subject to due diligence, further negotiations, an independent property valuation and board approval.
Transport Minister Anthony Loke said the service has carried approximately 20,000 passengers since its June launch.
The proposed appointment of subsidiary Handal Indah would run from Jan 1, 2027 until March 31, 2031, with contract terms still subject to discussion.
Discussions covered supply security, low-carbon technologies and voluntary oil storage expansion, while an ammonia fuel feasibility study agreement was signed.
The Global Learning Pass offers access to more than 16,000 courses and professional certification programmes through Rakyat Digital.
Operations are expected to begin in 2030 under the agreement with PETRONAS LNG Ltd. The contract value was not disclosed.
Sim Tze Tzin urged Malaysia to use its industrial capabilities to attract quality US investment as competition from other Asian countries intensifies.
He outlined roles for industry, financiers, researchers and communities, while Arthur Kurup highlighted government policy and financing initiatives.