STORIES TAGGED WITH

  • Corporate  |  AUGUST 28, 2014 9:02 PM

    Eversendai posts lower 2Q revenue, pre-tax profit

    Story by
    www.bernama.com

    Eversendai Corporation Bhd posts a lower revenue of RM222.54 million for the second quarter ended June 30, 2014 compared with RM247.5 million in the corresponding period last year. Pre-tax profit dropped to RM6.78 million from RM16.62 million previously. The decrease …

     
  • Issues  |  AUGUST 28, 2014 9:00 PM

    The lucrative business that is defence spending

    Story by
    [email protected]

    In the previous part of this series, KiniBiz looked at some upcoming defence contracts. In this part, KiniBiz explores those contracts with local partners and ponders this question: Should third-party contractors be involved at all?

     
  • Corporate  |  AUGUST 28, 2014 8:58 PM

    China Stationery post 2Q pre-tax profit of RM232.4 mil

    Story by
    www.bernama.com

    China Stationery Ltd posted a pre-tax loss of RM232.44 million in its second quarter ended June 30, 2014 compared with a pre-tax profit of RM85.72 million in the same period last year. Revenue fell to RM63.49 million for the quarter …

     
  • Corporate  |  AUGUST 28, 2014 8:44 PM

    Mother of all restructurings to be unveiled tomorrow

    Story by
    www.bernama.com

    Khazanah Nasional Bhd will unveil, tomorrow, its plan for the wholesale overhaul of ailing Malaysia Airlines (MAS) which analysts have rightly billed as the ‘Mother of Restructurings’. Corporate Malaysia has gone through restructurings of all shapes and sizes in the past …

     
  • Corporate  |  AUGUST 28, 2014 8:29 PM

    IHH Healthcare’s 2Q pre-tax profit rises to RM343.3 mil

    Story by
    www.bernama.com

    IHH Healthcare Bhd’s pre-tax profit for the second quarter ended June 30, 2014 surged to RM343.32 million from RM208.14 million in the corresponding period last year. Revenue rose 11% to RM1.87 billion from RM1.68 billion previously, the company said in …

     
  • Corporate  |  AUGUST 28, 2014 8:25 PM

    Genting M’sia posts pre-tax profit of RM318.7 mil in 2Q

    Story by
    www.bernama.com

    Genting Malaysia Bhd reported a lower pre-tax profit of RM318.733 million for the second quarter ended June 30, 2014, from a pre-tax profit of RM569.97 million in the same period last year. Revenue was down to RM1.91 billion from RM2.22 billion …

     
  • Corporate  |  AUGUST 28, 2014 8:08 PM

    Allianz M’sia pre-tax profit rises to RM211.5 mil

    Story by
    www.bernama.com

    Allianz Malaysia Bhd Group’s pre-tax profit for the first six months ended June 30, 2014 rose by 23%  to RM211.5 million from RM171.9 million in the same perid last year. In a statement today, the group said gross written premium (GWP) …

     
  • Corporate  |  AUGUST 28, 2014 8:04 PM

    AirAsia begins free trial of on board Wi-Fi

    Story by
    [email protected]

    During the free trial period from now until end-October, up to 60 passengers on selected flights will be able to test and evaluate the on-board Wi-Fi service free of charge

     
  • World Biz  |  AUGUST 28, 2014 8:00 PM

    Credit Suisse hires Howe of UBS as London unit MD

    Story by
    www.bloomberg.com

    Credit Suisse Group AG said it hired Alison Howe from UBS AG as a managing director in its leveraged finance and sponsors group in London. Howe will start in the new role in November and report to Mathew Cestar and …

     
  • Commodities  |  AUGUST 28, 2014 7:50 PM

    CPO futures end mixed

    Story by
    www.bernama.com

    Crude palm oil (CPO) futures prices on Bursa Malaysia Derivatives closed mixed today despite a report that China banks have released finances to commodities companies that utilise commodity financing, a dealer said. He said the market has been battered by …

     
  • Corporate  |  AUGUST 28, 2014 7:39 PM

    YTL’s profit surges 40.4% to RM2.59 bil for FY14

    Story by
    www.bernama.com

    YTL Corp Bhd’s profit for its financial year ending June 30, 2014 surged 40.4 per cent to RM2.591 billion against RM1.845 billion in the same period a year earlier. In a statement today, the group said its net profit attributable to …

     
  • Corporate  |  AUGUST 28, 2014 7:34 PM

    DRB-Hicom 1Q pre-tax profit rises to RM185 mil

    Story by
    www.bernama.com

    DRB-HICOM Bhd’s pre-tax profit for the first quarter ended June 30, 2014 increased to RM185 million from RM96.2 million in the same period last year. Revenue rose to RM3.72 billion from RM3.05 billion previously, the company said in a statement …

     
  • Corporate & Featured and Exclusive  |  AUGUST 28, 2014 7:30 PM

    MH370 tragedy dents Malaysia Airlines’ 2Q earnings

    Story by
    [email protected]

    Together with earlier losses of RM443 million in the first quarter, the national carrier’s first half losses now stand at RM750 million — 65% more than the same six-month period last year

     
  • Corporate  |  AUGUST 28, 2014 7:03 PM

    OSK Prop sells Sg Petani land to PR1MA for RM56 mil

    Story by
    [email protected]

    OSK Property Holdings Berhad is selling a 108-acre land parcel in Sungai Petani, Kedah to the PR1MA Corporation  Malaysia for RM56 million. In a regulatory filing today, OSK Property said the master en-block purchase agreement for the freehold land forming …

     
  • Corporate & Finance  |  AUGUST 28, 2014 6:57 PM

    SC launches new sukuk investment framework

    Story by
    www.bernama.com

    The Securities Commission Malaysia (SC) has launched the Sustainable and Responsible Investment (SRI) Sukuk framework to facilitate the financing of sustainable and responsible investment initiatives.

     
  • Corporate & World Biz  |  AUGUST 28, 2014 6:48 PM

    Honda to recall 63,200 vehicles globally

    Story by
    www.reuters.com

    Honda Motor Co is recalling about 63,200 vehicles globally due to a defect in driver-side air bags.

     
  • Corporate & Featured and Exclusive  |  AUGUST 28, 2014 6:33 PM

    Flyers dispute claim of empty MAS flights

    Story by
    [email protected]

    Anecdotal reports from passengers and crew on recent Malaysia Airlines flights disprove the popular assertion that many of the airline’s flights are taking off almost empty

     
  • Commodities  |  AUGUST 28, 2014 6:11 PM

    Rubber closes lower, near one week low

    Story by
    www.bernama.com

    The Malaysian rubber market closed near a one-week low today, influenced by the weak share and oil prices, a dealer said.

     
  • Corporate & Featured and Exclusive  |  AUGUST 28, 2014 6:08 PM

    Maybank big enough already, says chairman

    Story by
    [email protected]

    Maybank’s senior management has said that while it is always open to exploring merger and acquisition (M&A) opportunities, it will only pursue such deals if they provide shareholder value.

     
  • Markets  |  AUGUST 28, 2014 6:08 PM

    Ringgit close lower against the US dollar

    Story by
    www.bernama.com

    The ringgit closed lower against the US dollar today as investors shifted their interest to the greenback, a dealer said.

     
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