STORIES TAGGED WITH

  • World Biz  |  NOVEMBER 28, 2014 9:30 PM

    Asia-Pac airlines await more oil price dip before hedging

    Story by
    www.reuters.com

    Airlines in Asia-Pacific are holding off from hedging their fuel costs as they wait for oil to dip below US$70 a barrel in hopes of securing lower prices, industry executives said on Friday.

     
  • Corporate  |  NOVEMBER 28, 2014 9:27 PM

    MKH’s FY14 profit rise to RM161 mil

    Story by
    www.bernama.com

    Property developer and oil palm plantantion company, MKH Bhd's pre-tax profit rose to RM161.42 million for the financial year ended Sept 30, 2014 (FY14) from RM134.45 million a year earlier.

     
  • Corporate & Property  |  NOVEMBER 28, 2014 9:22 PM

    SPNB to build 20,000 units of affordable homes in 2015

    Story by
    www.bernama.com

    Syarikat Perumahan Negara Berhad (SPNB) is building an additional 20,000 units of affordable homes in the Klang Valley next year.

     
  • Corporate  |  NOVEMBER 28, 2014 9:17 PM

    Taliworks one-off gain pushes 3Q14 profit to RM281 mil

    Story by
    www.bernama.com

    Taliworks Corp Bhd's pre-tax profit for the third quarter ended Sept 30, 2014 jumped to RM281.9 million from RM9.51 million in the same quarter last year.

     
  • Corporate & Finance  |  NOVEMBER 28, 2014 9:10 PM

    DRB-Hicom gets nod to issue RM2 bil sukuk

    Story by
    www.bernama.com

    DRB-HICOM Bhd has obtained the Securities Commission's (SC) approval to establish the Sukuk Musharakah Programme of RM2 billion in nominal value.

     
  • Corporate & Property  |  NOVEMBER 28, 2014 9:01 PM

    E&O’s profit for 3Q14 rises to RM31 mil

    Story by
    www.bernama.com

    Eastern & Oriental Bhd'S (E&O) pre-tax profit for the second quarter ended Sept 30, 2014 rose to RM31.39 million from RM25.28 million in the same quarter last year.

     
  • Corporate & Singapore  |  NOVEMBER 28, 2014 8:48 PM

    CAB to suspend trading on Monday

    Story by
    [email protected]

    According to an announcement on Bursa Malaysia, poultry player CAB Cakaran Corporation Bhd (CAB) will have its trading suspended from 9AM on Monday, the 1st of December 2014, pending an announcement by the group.

     
  • Corporate & Featured and Exclusive  |  NOVEMBER 28, 2014 8:34 PM

    UK firm explains opposition to icapital.biz director re-election

    Story by
    [email protected]

    City of London Investment Co. Ltd said that it is opposing the reappointment of Tunku Aziz to the icapital.biz board due to concerns over his knowledge of close-ended funds and the length of time since his retirement from active employment.

     
  • Corporate & Featured and Exclusive  |  NOVEMBER 28, 2014 8:34 PM

    UK firm’s explanation over Tunku Aziz feeble: Tan Teng Boo

    Story by
    [email protected]

    Tan Teng Boo has said that City of London’s explanation as to why they are opposing the reappointment of Tunku Abdul Aziz Tunku Ibrahim to icapital.biz Bhd board is “inadequate, baseless and utterly weak.”

     
  • Corporate & Featured and Exclusive  |  NOVEMBER 28, 2014 7:35 PM

    MAS makes RM572 mil loss in 3Q14

    Story by
    [email protected]

    Malaysia Airlines has posted another loss-making quarter with a reported operating loss of RM170 million and a pre-tax loss of RM572 million after including depreciation, amortisation, impairment and finance costs.

     
  • Corporate & Featured and Exclusive  |  NOVEMBER 28, 2014 7:22 PM

    Liew issue to be addressed next year, says Sime Darby

    Story by
    [email protected]

    The issue of former SP Setia boss Liew Kee Sin helming the Battersea Power Station redevelopment project in light of his proposed blank-cheque property listing will be addressed next year, said Sime Darby today.

     
  • Markets  |  NOVEMBER 28, 2014 7:06 PM

    Ringgit tumbles to near 5-year low against US dollar

    Story by
    www.bernama.com

    The ringgit ended at a near five-year low against the US dollar today in the face of a slump in oil prices, a dealer said.

     
  • Corporate  |  NOVEMBER 28, 2014 7:05 PM

    Kenanga upgrades MMC on NCB acquisition

    Story by
    [email protected]

    Kenanga IB (Kenanga) raised their recommendation of MMC Corporation Bhd (MMC) to an “outperform”, along with a raised target price of RM3.21 from a previous RM2.41, on the back of the company’s planned acquisition of a 15.7% stake in NCB Holdings Bhd, as well as the plan to list its subsidiary Malakoff Corporation Bhd.

     
  • Corporate & Featured and Exclusive  |  NOVEMBER 28, 2014 7:01 PM

    Petronas to meet Canadian officials on LNG project

    Story by
    www.bloomberg.com

    Petroliam Nasional Bhd (Petronas), Malaysia’s state-owned energy company, said most issues hindering its Canadian liquefied natural gas project have been resolved and a final investment decision will be made by the end of next month.

     
  • Corporate  |  NOVEMBER 28, 2014 6:52 PM

    Sime Darby expects CPO prices to firm up till end-June

    Story by
    [email protected]

    Plantations-based conglomerate Sime Darby Bhd expects palm oil prices to firm up between RM2,200 and RM2,500 per tonne until end-June as it moves into a low-crop season.

     
  • Corporate  |  NOVEMBER 28, 2014 6:42 PM

    Sime Darby mulls listing auto business in mid-2015

    Story by
    www.reuters.com

    Malaysian conglomerate Sime Darby Bhd is considering listing its auto business in July or August next year, its chief executive said on Friday.

     
  • Corporate  |  NOVEMBER 28, 2014 6:40 PM

    Petronas 3Q profit falls 12.4% on weak oil prices

    Story by
    www.reuters.com

    Petroliam Nasional Bhd (Petronas), Malaysia's state oil company, reported on Friday a 12.4% fall in third-quarter profit on weakness in oil prices, the US dollar and liquefied natural gas (LNG) sales.

     
  • Corporate & Featured and Exclusive  |  NOVEMBER 28, 2014 6:23 PM

    Sime Darby to extend NBPOL offer deadline

    Story by
    [email protected]

    Diversified conglomerate Sime Darby Bhd will extend its offer period in its takeover bid for dual-listed New Britain Palm Oil Ltd (NBPOL) after the European Commission (EC), whose approval is needed for the deal to proceed, requested additional information.

     
  • Commodities  |  NOVEMBER 28, 2014 6:11 PM

    Rubber market closes mixed today

    Story by
    www.bernama.com

    The Malaysian rubber market closed mixed today due to weaker crude oil price, a dealer said.

     
  • Markets  |  NOVEMBER 28, 2014 6:06 PM

    KL shares end lower, dragged down by oil and gas sector

    Story by
    www.bernama.com

    The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) ended lower for the second consecutive day today, dragged down by oil and gas-related heavyweights.

     
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