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Malaysian Shares Maintain Five-Day Losing Streak; Metronic Global Plunges 25%
Malaysian shares finished lower for a fifth straight session to end in the red zone on Thursday. The investors remained cautious amid concerns about U.S. interest rates. The FTSE Bursa Malaysia KLCI,
Avillion, Sonid to Explore Opportunities in Malaysia, South Korea
Malaysia's Avillion (KLSE:AVI) inked a memorandum of understanding with South Korean firm Sonid (KOSDAQ:060230) to develop vacation and retirement properties in Malaysia and Korea jointly. The MOU wil
Bursa Malaysia, CIMB, YTL Hospitality REIT, Ibraco, Titijaya, Apex Equity, Avillion
Here is a brief recap of some corporate announcements that made the news on Monday (July 31) involving Bursa Malaysia Bhd, CIMB Group Holdings Bhd, YTL Hospitality Real Estate Investment Trust's (YTL Hospitality REIT), Ibraco Bhd, Titijaya Land Bhd, Apex Equity Holdings Bhd and Avillion Bhd.
Auditor Raises Doubts Over Avillion's Ability to Continue as a Going Concern
Avillion Bhd said its auditor has raised concerns about the loss-making property and hospitality group's ability to continue operating as a going concern in its audited financial statements for the financial year ended March 31, 2023 (FY2023).
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