STORIES TAGGED WITH

  • Corporate  |  APRIL 17, 2014 8:38 PM

    RGB Int’l's unit ends sale and purchase agreement

    Story by
    www.bernama.com

    Macrocept Sdn Bhd (MCSB) and Diplomat Technology Co Ltd have mutually agreed to terminate the sale and purchase agreement for a share transfer. The share transfer involved an amount of 115,200 ordinary shares in a Cambodian-based casino, Chateau De Bavet …

     
  • Corporate  |  APRIL 17, 2014 8:18 PM

    Non-revenue water accounts for revenue loss- AWER

    Story by
    www.bernama.com

    Water from leaking pipes and water theft, which collectively the industry calls ‘non-revenue water’, account for major revenue losses amounting to RM1.6 billion yearly throughout the country. Association of Water and Energy Research Malaysia (AWER) president, S.Piarapakaran said the loss …

     
  • Featured and Exclusive & Opinion  |  APRIL 17, 2014 8:07 PM

    Is Bitcoin like high-speed trading?

    Story by
    www.bloomberg.com

    Bitcoins have something in common with high-frequency trading: both are seen as either a huge waste of resources or a useful new technology that will lower costs in the financial industry for the benefit of consumers.

     
  • Commodities  |  APRIL 17, 2014 7:46 PM

    CPO futures close lower on profit-taking

    Story by
    www.bernama.com

    The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower today on profit-taking after the recent rally. A trader said the downside was somewhat capped due to positive sentiment still persisting as players expect export demand for palm …

     
  • Corporate  |  APRIL 17, 2014 7:41 PM

    MASkargo expends cargo network to Hanoi

    Story by
    www.bernama.com

    MASkargo Sdn Bhd, the air cargo division of Malaysia Airlines, has launched its first A330-200 freighter flight to Hanoi, Vietnam. In a statement today, MASkargo said the scheduled flights will depart for Hanoi’s Noi Bai International Airport every Wednesday and Friday, …

     
  • Corporate & Property  |  APRIL 17, 2014 7:36 PM

    Amcorp Properties ink agreement for Japan JV

    Story by
    www.bernama.com

    Amcorp Properties Bhd’s wholly-owned subsidiary, AmCorp Far East Ltd, has signed a co-investment agreement with Grosvenor Asia Pacific Ltd, NRJ Investment Ltd and True Lead Investment Ltd, to form a joint-venture (JV) in Japan. Amcorp Properties in a filing to Bursa Malaysia today …

     
  • Corporate  |  APRIL 17, 2014 7:33 PM

    TM inks agreement with 3 hotels in Labuan

    Story by
    www.bernama.com

    Telekom Malaysia Bhd (TM) today signed an agreement with three main hotels in Labuan namely Lazenda Hotel, Palm Beach Resort & Spa Hotel and Labuan Tiara Hotel which subscribed to its hospitality entertainment solution package. TM executive vice-president Azizi A. …

     
  • Corporate  |  APRIL 17, 2014 7:30 PM

    FGV signs MoUs with two Turkish companies

    Story by
    [email protected]

    Felda Global Ventures Holdings Bhd (FGV) today announced that it signed non-binding memorandums of understanding with Turkish companies Nanokomp Īleri Teknoloji Malzemeleri Arge Danismanlik Ltd Sti (Nanokomp) and the Evyap group, with the signings witnessed by prime minister Mohd Najib …

     
  • Corporate  |  APRIL 17, 2014 6:57 PM

    Nestle sees slight dip in 1Q14 profits on early marketing

    Story by
    [email protected]

    Nestle (Malaysia) Bhd saw a slight dip in pre-tax profits for 1Q14 on  earlier investments on marketing and promotional activities, although quarterly turnover increased 3.7% year-on-year (yoy) to RM1.3 billion. In a regulatory filing, Nestle said its quarterly profits before …

     
  • Corporate & Featured and Exclusive  |  APRIL 17, 2014 6:23 PM

    Stop water rationing or face protest, says Sgor BN chief

    Story by
    www.bernama.com

    Selangor Barisan Nasional (BN) chairman Noh Omar wants the state government to stop water rationing immediately or face protest and legal action.

     
  • Corporate & Economy  |  APRIL 17, 2014 6:17 PM

    Msian vehicle sales in March up 16% from Feb

    Story by
    [email protected]

    The Malaysian Automotive Association reports higher March 2014 sales up 16.2% month-on-month or 2.3% year-on-year

     
  • Corporate & Property  |  APRIL 17, 2014 6:07 PM

    KLCC Property eyeing up to RM1 bil asset buy

    Story by
    www.bernama.com

    KLCC Property Holdings Bhd (KLCCP) is confident of acquiring an asset worth up to RM1 billion, said Chief Executive Officer Datuk Hashim Wahir. Speaking to the media after the company’s annual general meeting today, he said KLCCP could make the acquisition locally after …

     
  • Economy  |  APRIL 17, 2014 6:04 PM

    UK stocks decline as Diageo dips on disappointing sales

    Story by
    www.bloomberg.com

    UK stocks declined, with the benchmark FTSE 100 Index paring its weekly gain, as Diageo Plc tumbled the most since January after reporting a drop in quarterly sales. Diageo fell 3.8 percent, wiping 7.2 points off the FTSE 100 Index, …

     
  • Commodities  |  APRIL 17, 2014 5:52 PM

    Rubber end lower on Thailand output revision

    Story by
    www.bernama.com

    Malaysian rubber prices closed lower today as Thailand’s revised output for the soft commodity exceeded earlier forecast, a trader said. The noon benchmark on Malaysian Rubber Board official physical price for tyre-grade SMR 20 fell two sen to 580 sen a kg while …

     
  • Markets  |  APRIL 17, 2014 5:37 PM

    Ringgit ends higher against US dollar

    Story by
    www.bernama.com

    The ringgit closed higher against the US dollar today on continuous buying support, said a dealer. At 5pm, the local unit was quoted at 3.2370/2390 against the greenback compared with Wednesday’s 3.2410/2430. The dealer said the US Federal Reserve Chairperson, Janet Yellen, …

     
  • Markets  |  APRIL 17, 2014 5:30 PM

    Shares end higher on continued buying interest

    Story by
    www.bernama.com

    Bursa Malaysia closed higher today as the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) extended gains on continuous buying interest seen in key heavyweights and lower liners. The FBM KLCI ended 5.17 points better at 1,850.54 after trading between 1,847.4 and 1,852.13 throughout …

     
  • Corporate & World Biz  |  APRIL 17, 2014 5:05 PM

    Nasim aims to sell 1200 units of new Peugeot 3008 SUV

    Story by
    www.bernama.com

    Nasim Sdn Bhd, the official distributor of the Peugeot brand in Malaysia, aims to sell 1200 units of its just-launched New Peugeot 3008 SUV. This will boost the company’s overall sales target of 7,000 units for all the models in its stable this …

     
  • Corporate & Featured and Exclusive  |  APRIL 17, 2014 4:45 PM

    Kidex eyes a slice of LDP’s bumper profits

    Story by
    [email protected]

    Designed as an alternative route to the congested LDP highway, Kidex moves in on a slice of a very lucrative pie

     
  • Corporate  |  APRIL 17, 2014 4:25 PM

    Bursa Malaysia posts 18% higher PATAMI for 1Q14

    Story by
    [email protected]

    Bursa Malaysia Berhad has registered 18% higher profit after tax and minority interest (PATAMI) for 1Q14 compared to the previous corresponding quarter on the back of higher operating revenue. In a regulatory filing, Bursa Malaysia said its 1Q14 ended March …

     
  • Corporate & World Biz  |  APRIL 17, 2014 4:23 PM

    Nexfuel signs agreement with Concord Energy

    Story by
    www.bernama.com

    Asia Bioenergy Technologies Bhd’s subsidiary, Nexfuel Ltd, has signed a Biofuels Offtake Agreement to sell all biofuels products produced using the technology developed by Cool Planet Energy Systems Inc to Concord Energy Pte Ltd. Nexfuel is 20%-owned by Asia Bioenergy Technologies. Asia Bioenergy …

     
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