• Corporate & Featured and Exclusive  |  JANUARY 27, 2015 10:15 PM

    MAHB new shares fixed at RM4.78

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    Malaysia Airport Holdings Bhd (MAHB) has fixed the issue price of 275.31 million new ordinary shares at RM4.78, a discount of approximately 28.8% to the theoretical ex-rights price of MAHB shares of RM6.71.

  • Enterprise  |  JANUARY 27, 2015 8:47 PM

    Orang Kampung targets RM30 mil from overseas sales

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    Traditional herbal drink manufacturer, Orang Kampung Holdings (M) Sdn Bhd, is targeting export sales of RM30 million this year.

  • Corporate  |  JANUARY 27, 2015 8:39 PM

    AmMetLife expects more M’sians to buy insurance

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    AmMetLife Insurance Bhd expects more Malaysians to buy insurance policies, said chief executive officer Ramzi Toubassy.

  • Corporate  |  JANUARY 27, 2015 8:35 PM

    88% working M’sians concern about retirement fund

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    According to HSBC's report, 'The Future of Retirement: A balancing act', 49% of them said debt repayment is preventing their preparation for a comfortable retirement.

  • Corporate  |  JANUARY 27, 2015 8:28 PM

    IGB REIT’s Q4 pre-tax profit slips to RM56.24 mil

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    IGB Real Estate Investment Trust (IGB REIT)'s pre-tax profit declined to RM56.24 million in the fourth quarter ended Dec 31,2014 from RM158.08 million recorded in the same period last year.

  • Corporate  |  JANUARY 27, 2015 8:24 PM

    Benalec gets approval for Tanjung Piai reclamation work

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    The Department of Environment (DOE) has given the greenlight to Benalec Holdings Bhd to start reclamation work for its Tanjung Piai Integrated Petroleum and Petrochemical Hub and Maritime Industrial Park project in Johor.

  • Corporate  |  JANUARY 27, 2015 8:18 PM

    Kenanga retains ‘market perform’ on Tropicana

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    Kenanga Research has maintained its ”market perform” rating for Tropicana Bhd with an unchanged target price of RM1.15 on the disposal of the Tropicana City Mall (TCM) to Capitamalls Malaysia Trust (CMMT)for RM540 million. The research house said Tropicana is expected to register …

  • Corporate  |  JANUARY 27, 2015 8:08 PM

    M’sia has excellent corporate governance, framework

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    BPA Australasia director, Chris Bennett, said Malaysia's battle, however, will be the misperception of its practices.

  • Corporate & Economy  |  JANUARY 27, 2015 8:02 PM

    Don’t overreact to economic situation, says economist

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    Malaysians should not overreact to the current global economic situation such as falling oil prices, the European financial crisis, and depreciating emerging currencies.

  • Commodities  |  JANUARY 27, 2015 6:05 PM

    Rubber market closes mixed

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    The Malaysian rubber market ended mixed in quiet trading today after global crude oil prices strengthened above US$45 per barrel, a dealer said.

  • Markets  |  JANUARY 27, 2015 6:00 PM

    KL shares end higher

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    Share prices on Bursa Malaysia closed higher today, lifted by interests in heavyweights, especially Petronas-linked companies, dealers said.

  • Markets  |  JANUARY 27, 2015 5:40 PM

    Ringgit closes firmer against US$

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    The ringgit closed firmer against the US dollar today on demand from exporters amid short-covering by institutional funds, dealers said.

  • Corporate  |  JANUARY 27, 2015 4:12 PM

    Eversendai shares up on RM184 mil contract

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    Eversendai Corp Bhd's stock rose on Bursa Malaysia today on news of the award of the RM184 million contract in India by Reliance Industries Ltd of India.

  • Corporate & Featured and Exclusive  |  JANUARY 27, 2015 4:12 PM

    AirAsia X board to decide CEO’s fate on Thursday

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    [email protected]

    Sources tell KiniBiz that AirAsia X’s board of directors will meet on Thursday to decide the fate of CEO Azran Osman-Rani’s future. There have been conflicting reports over his position this morning, after Azran himself refuted suggestions that he is leaving the airline.

  • Property  |  JANUARY 27, 2015 4:10 PM

    Tan & Tan launches new RM62 mil GDV project

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    Property developer, Tan & Tan Developments Bhd, today launched its 0.21-hectare Damai residence project, which has a gross development value (GDV) of RM62 million, at Jalan Ampang's embassy row.

  • Corporate & Singapore  |  JANUARY 27, 2015 4:05 PM

    Khazanah’s M+S, Hyatt sign pact to develop Andaz S’pore

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    The Andaz Singapore, scheduled to open in 2017, will be the first hotel in the DUO development, a landmark project by M+S which is 60% owned Khazanah Nasional Bhd and 40% by Singapore's investment company, Temasek.

  • Economy & World Biz  |  JANUARY 27, 2015 4:02 PM

    Thai exports fall in 2014, adding pressure for rate cut

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    Thai exports fell for a second straight year in 2014, a blow for the military government as it struggles to get the economy growing and possibly increasing pressure on the central bank to cut interest rates on Wednesday.

  • Opinion  |  JANUARY 27, 2015 3:55 PM

    Does the social safety net make us lazy?

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    There’s an eternal debate about how government can best help people when they aren’t doing well economically. One side says that if government provides you with a safety net, you will become lax and complacent, and you won’t try as …

  • World Biz  |  JANUARY 27, 2015 3:54 PM

    Oil plunge spurs Maruti to take chance on rebound

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    As crude oil tumbles and financing costs decline, India’s biggest carmaker says a slump that roiled the industry for two years may be over.

  • World Biz  |  JANUARY 27, 2015 3:53 PM

    Novartis flags faster sales, profit growth for 2015

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    Swiss drug maker Novartis forecast sales and profits to grow at a faster pace this year as recent drug successes and its portfolio overhaul help it weather the impact of generic competition.