KUALA LUMPUR: Maju Holdings Sdn Bhd has revised its takeover bid for PLUS Malaysia Bhd. It is now offering to absorb a RM2.7 billion toll compensation owed by the government and reduce toll rates by as much as 36 per cent, from 25 per cent originally.
KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) through its subsidiary Petronas LNG Ltd has entered into a liquefied natural gas (LNG) sale and purchase agreement with Korea Midland Power Co Ltd.
MANILA: The Philippine unit of AirAsia Bhd is postponing its initial public offering (IPO) to next year or 2021 as it focuses on corporate reorganisation and seeking funds from existing shareholders, its chairman said on Wednesday.