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  • OTHERS  |  AUGUST 4, 2015 11:46 AM

    KINIBIZ Magazine: Is the Spac model still relevant?

    Story by
    [email protected]

    Issue 009 of the KINIBIZ Magazine hits the stands today and this time we delve into the fascinating conundrum around special purpose acquisition companies (Spacs) in Malaysia. KiniKIn such an eventful July just past, some may have missed a little …

     
  • OTHERS  |  AUGUST 2, 2015 9:05 AM

    E&Y launches internal probe of Toshiba audit

    Story by
    www.reuters.com

    The Japanese affiliate of Ernst & Young LLC has launched an in-house investigation into its audit of Toshiba Corp in the wake of the electronics maker’s US$1.2 billion accounting scandal, a person with knowledge of the matter said. Ernst & …

     
  • OTHERS  |  JULY 31, 2015 4:10 PM

    Unisem: 1H15 profit doubles but ‘below expectations’

    Story by
    [email protected]

      Despite surging earnings halfway through its financial year ended Dec 31, 2015 (FY15), Unisem (M) Bhd’s financial performance for the six-month period to-date came in below expectations, say analysts. According to a regulatory filing yesterday, Unisem reported RM298.7 million …

     
  • Markets & OTHERS  |  JULY 31, 2015 3:36 PM

    KL shares higher at mid-afternoon

    Story by
    www.bernama.com

    Bursa Malaysia was higher at mid-afternoon today lifted by gains on selected key heavyweights, dealers said. At 3 pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) surged 15.46 points to 1,715.38. The broader market was positive with gainers outpacing losers by …

     
  • OTHERS  |  JULY 31, 2015 3:19 PM

    CIMB Niaga 1H15 income increases to RM1.9 bil

    Story by
    www.bernama.com

    PT Bank CIMB Niaga Tbk reported an operating income of 6.73 trillion rupiah (RM1.9 billion) for the six months ended June 30, 2015, up 1.5% year-on-year (y-o-y). Net profit for the period amounted to 176 billion rupiah while earnings per share stood at …

     
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