• Corporate & Featured and Exclusive  |  OCTOBER 23, 2014 8:15 PM

    Kulim to make RM1.6bil from NBPOL sale

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    Sime Darby to receive payment of RM2.7 billion for Kulim’s 49% stake in the Papua New Guinea based oil palm grower

  • Corporate  |  OCTOBER 23, 2014 7:54 PM

    Sapura Resources accepts RM286.5mil assistance

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    Sapura Resources Bhd has accepted a shareholder's financial assistance of RM286.5 million from Sapura Holdings Sdn Bhd.

  • Corporate  |  OCTOBER 23, 2014 7:47 PM

    Maybank Investment issues new call warrants

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    Maybank Investment Bank Bhd has issued eight new European style cash-settled call warrants over ordinary shares of Felda Global Ventures Holdings Bhd, Hap Seng Plantations Holdings Bhd, Keck Seng (Malaysia) Bhd, Kulim (Malaysia) Bhd, Sarawak Oil Palms Bhd, TH Plantations Bhd, TSH Resources Bhd, and United Plantations Bhd.

  • Corporate & Property  |  OCTOBER 23, 2014 7:25 PM

    Eco World to extend deadline for assets injection exercise

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    Eco World Development Group Bhd is extending the deadline for its assets injection exercise by four months in order to fulfill all conditions precedent for the multiple proposals.

  • Corporate  |  OCTOBER 23, 2014 7:14 PM

    Bank Rakyat’s first half pre-tax profit increases 0.22%

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    Bank Rakyat posted a 0.22% increase in profit before zakat and tax of RM1.109 billion in the second quarter ended June 20, 2014, from RM1.107,44 billion in the corresponding period last year.

  • Corporate  |  OCTOBER 23, 2014 6:28 PM

    Kenanga issues new European style call warrants

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    Kenanga Investment Bank Bhd has issued eight new European-style cash-settled call warrants over the ordinary shares of Berjaya Auto Bhd, Malaysia Building Society Bhd, Press Metal Bhd, QL Resources Bhd, RHB Capital Bhd, Sunway Bhd, Tenaga Nasional Bhd, and Yinson Holdings Bhd.

  • Markets  |  OCTOBER 23, 2014 6:22 PM

    Ringgit eases against US$ at close

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    The ringgit closed lower against the US dollar today, on weak buying sentiment despite the stronger regional currencies, a dealer said.

  • Corporate  |  OCTOBER 23, 2014 6:13 PM

    AirAsia to launch daily flights to Nay Pyi Taw, Myanmar

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    AirAsia will launch daily direct flights between Kuala Lumpur and Nay Pyi Taw, Myanmar, starting Nov 10, 2014.

  • Commodities  |  OCTOBER 23, 2014 6:09 PM

    M’sian rubber prices hit 6-week high at close

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    The Malaysian rubber market hit a six-week high at close today, boosted by the weaker yen and coupled with the Thai government's announcement to help planters, a dealer said.

  • Markets  |  OCTOBER 23, 2014 6:04 PM

    KL shares end on high note, CI up 14.46 pts

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    Share prices on Bursa Malaysia closed sharply higher, boosted by industrial, as well as trade and services-related companies, dealers said.

  • Finance  |  OCTOBER 23, 2014 5:28 PM

    BNM’s international reserves at RM416.3bil as at Oct 15

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    "The reserves position is sufficient to finance 8.6 months of retained imports, and is 1.2 times the short-term external debt," BNM said in a statement today.

  • Corporate  |  OCTOBER 23, 2014 5:15 PM

    Carimin bidding for RM800 mil worth of contracts

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    Carimin Petroleum Bhd, which is en route to listing on the Main Market of Bursa Malaysia, said today that it is bidding for an estimated RM800 million worth of contracts from oil and gas players operating in Malaysia.

  • World Biz  |  OCTOBER 23, 2014 5:08 PM

    Reebok fined over false shoebox claims in Australia

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    The Federal Court of Australia on Thursday fined Reebok for falsely claiming its EasyTone line of sports shoes helped tone leg muscles faster than others, broadcaster ABC reported.

  • Corporate  |  OCTOBER 23, 2014 4:57 PM

    MasterCard appoints Safdar to drive SEA Islamic payments

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    MasterCard has appointed Safdar Khan, with immediate effect, to lead its growing Islamic payments business in Southeast Asia.

  • Finance  |  OCTOBER 23, 2014 4:42 PM

    Japan government’s T-bill yields fall below zero

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    Debt buyers gave Japan’s government a US$531,000 (RM1.73 million) gift at today’s treasury bill auction in Tokyo.

  • Corporate  |  OCTOBER 23, 2014 4:39 PM

    Public Bank to fully redeem subordinated notes on Nov 6

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    Public Bank Bhd will fully redeem its RM200 million 4.6% subordinated notes together with accrued interest on Nov 6, 2014.

  • TigerTalk  |  OCTOBER 23, 2014 4:33 PM

    Bursa’s suspect call on EPF

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    When the rights of major shareholder the Employees Provident Fund was denied in a major banking merger involving CIMB Group and RHB Capital alarm bells were set off in Tiger’s brain, prompting it to promptly investigate.

  • World Biz  |  OCTOBER 23, 2014 4:25 PM

    Lloyds said to cut 9,000 jobs as customers shift online

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    Lloyds Banking Group Plc, Britain’s largest mortgage provider, will announce about 9,000 job cuts next week, as its customers shift to online services from physical branches, a person with knowledge of the matter said.

  • World Biz  |  OCTOBER 23, 2014 4:06 PM

    Toys ‘R’ Us pulls ‘Breaking Bad’ toys complete with meth

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    Toys "R" Us removed figurines based on television series 'Breaking Bad', after a mother complained about the miniature guns, toy drugs, and wads of cash that came with the characters.

  • Corporate  |  OCTOBER 23, 2014 3:55 PM

    Lynas completes capital-raising exercise

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    Just one-third of new shares offered by troubled rare earths miner Lynas Corporation Ltd in an effort to raise A$71 million (RM203.86 million) have been taken up by its shareholders. The 66.5% of shares not bought by shareholders would instead be taken by …