◉ HEADLINES

Telekom Malaysia

DNB terminates share subscription agreement with TM 

This follows the former’s rejection of telecommunications company’s request to extend time beyind Aug 21 in addresing matters related to EGM

CelcomDigi, TM see shares go up in early session post-DNB SSA signing

At 10.26am, CelcomDigi rose five sen to RM4.25 with 298,200 shares traded, while TM's share price edged up one sen to RM5.31 with 482,200 shares changing hands.  

TM sees net profit doubling to RM538.19 mil in 3Q

Telekom Malaysia Bhd’s (TM) net profit doubled to RM538.19 million during the third quarter (3Q) ended September 30, 2023, a 102.9% increase from RM265.20 million recorded in the same quarter last year, due to lower tax impact and reduced net finance costs.

◉ Popular

Petronas staff to be shown the door to make up losses from Petros deal?

Source claims national O&G firm is expected to see 30% revenue loss once agreed formula for natural gas distribution in Sarawak is implemented

InDrive faces termination for flouting guidelines

It is the second Russian e-hailing app after Maxim to face ban by Land Public Transport Agency

Apad confirms inDrive licence revoked effective July 24, but company can appeal

Russian-based company can file appeal through the agency for the Transport Ministry's consideration

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