STORIES TAGGED WITH

  • Corporate & Featured and Exclusive  |  NOVEMBER 26, 2014 9:30 PM

    Parliament tables bill to protect MAS

    Story by
    www.malaysiakini.com

    A Malaysia Airline System Bhd (Administration) 2014 Bill was tabled in Parliament today. If passed, it will become a law that will grant vast protection to the troubled national carrier and its appointed administrator.

     
  • Corporate  |  NOVEMBER 26, 2014 9:18 PM

    Axiata’s 3Q14 results in line with expectations: Moody’s

    Story by
    www.bernama.com

    Moody's Investors Service says that Axiata Group Bhd's third quater 2014 (3Q14) results were broadly in line with Moody's expectations and support Axiata's Baa2 rating and stable outlook.

     
  • Corporate  |  NOVEMBER 26, 2014 9:10 PM

    Ekuinas to gain RM640 mil from latest divestment

    Story by
    www.bernama.com

    Ekuinas Nasional stands to collect RM640.4 million in proceeds upon the completion of its latest divestment exercise.

     
  • Corporate & World Biz  |  NOVEMBER 26, 2014 9:03 PM

    Mercedes Benz the car of choice for China’s wealthy

    Story by
    www.reuters.com

    Mercedes-Benz owners in China are probably successful and wealthy entrepreneurs while those who drive a Cadillac are likely white-collar workers, according to a brand study released today.

     
  • Corporate  |  NOVEMBER 26, 2014 8:18 PM

    KNM Group 3Q profit rise to RM30 mil

    Story by
    www.bernama.com

    KNM Group Bhd's pre-tax profit rose to RM30.49 million in the third quarter ended Sept 30, 2014, from RM20.84 million recorded in the same period last year.

     
  • Corporate  |  NOVEMBER 26, 2014 8:17 PM

    Media Chinese International records lower 2Q14 profit

    Story by
    www.bernama.com

    Media Chinese International Ltd recorded a lower pre-tax profit of RM45.24 million for the second quarter ended Sept 30, 2014 (2Q14) against RM55.02 million in the corresponding quarter last year.

     
  • Corporate  |  NOVEMBER 26, 2014 8:11 PM

    MMC Corp 3Q14 proft rises to RM191 mil

    Story by
    www.bernama.com

    MMC Corporation Bhd's pre-tax profit rose to RM191.85 million for the third quarter ended Sept 30, 2014 from RM168.5 million registered in the same period last year.

     
  • Corporate  |  NOVEMBER 26, 2014 8:09 PM

    Hap Seng 3Q14 profit jumps to RM236 mil

    Story by
    www.bernama.com

    Hap Seng Consolidated Bhd's pre-tax profit increased to RM236.28 million for the third quarter ended Sept 30, 2014 (3Q14) from RM180.47 million chalked up in the same period last year.

     
  • Markets & Property  |  NOVEMBER 26, 2014 7:57 PM

    Axis REIT private placement oversubscribed

    Story by
    www.bernama.com

    Axis REIT Managers Bhd's private placement of 83.58 million new units has been well oversubscribed over the offer size.

     
  • Corporate, Economy, Featured and Exclusive  |  NOVEMBER 26, 2014 7:52 PM

    Drop in oil revenue has minimal impact, says Wahid

    Story by
    www.bernama.com

    The impact of the drop in world crude oil prices on government revenues and finances is relatively minimal, considering that the government has gradually reduced its dependency on oil and gas revenues, said Minister in the Prime Minister's Department Abdul Wahid Omar.

     
  • Corporate  |  NOVEMBER 26, 2014 7:27 PM

    UMW Holdings 3Q14 profit soars to RM430 mil

    Story by
    www.bernama.com

    UMW Holdings Bhd's pre-tax profit soared to RM430.27 million for the third quarter ended Sept 30, 2014 from RM245.64 million achieved in the same period last year.

     
  • Corporate  |  NOVEMBER 26, 2014 7:10 PM

    Tan Chong’s profit for 3Q14 plunges to RM10 mil

    Story by
    www.bernama.com

    Tan Chong Motor Holdings Bhd's pre-tax profit for the third quarter ended Sept 30, 2014 (3Q14) fell to RM10.19 million from RM49.66 million in the same period last year.

     
  • Corporate  |  NOVEMBER 26, 2014 7:03 PM

    Sime Darby didn’t ask for Line 1 extension, says MRT Corp

    Story by
    www.bernama.com

    Mass Rapid Transit Corp Sdn Bhd (MRT Corp) has denied that Sime Darby Bhd has submitted a request for the extension of MRT Sungai Buloh-Kajang Line (Line 1) to the "City of Elmina" development project.

     
  • Corporate  |  NOVEMBER 26, 2014 6:48 PM

    Mitrajaya 3Q earnings up as construction profit nearly triples

    Story by
    [email protected]

    Diversified construction-based group Mitrajaya Holdings Bhd saw its third-quarter profits rise by 61% year-on-year as quarterly earnings from its construction arm nearly tripled.

     
  • Corporate  |  NOVEMBER 26, 2014 6:43 PM

    Lower non-interest income hurts Maybank’s 3Q earnings

    Story by
    [email protected]

    Lower non-interest income and weaker performance of its insurance and takaful businesses caused Malayan Banking Bhd's (Maybank) third quarter earnings to fall, the bank said in a filing to Bursa Malaysia today.

     
  • TigerTalk  |  NOVEMBER 26, 2014 6:33 PM

    Putrajaya, walk the talk on renewable energy

    Story by
    [email protected]

    “If the government were really serious about renewable energy and carbon emissions, they wouldn’t be increasing the planting up of coal-fired plants."

     
  • Markets  |  NOVEMBER 26, 2014 6:16 PM

    KL shares close higher for third consecutive day

    Story by
    www.bernama.com

    Shares on Bursa Malaysia closed higher for the third consecutive day today on follow-through buying in bluechips and selected heavyweights, dealers said.

     
  • Corporate & Featured and Exclusive  |  NOVEMBER 26, 2014 6:11 PM

    Brahim’s to buy over Burger King from Ekuinas

    Story by
    www.bernama.com

    Brahim’s Holdings Bhd via its subsidiary Brahim's Trading Sdn Bhd and Quantum Angel Sdn Bhd have undertaken an investment of RM95 million in the Malaysian and Singaporean franchise of Burger King.

     
  • Corporate  |  NOVEMBER 26, 2014 6:11 PM

    Cahya Mata 3Q profits up by two-thirds

    Story by
    [email protected]

    Infrastructure conglomerate Cahya Mata Sarawak (CMS) saw its third quarter profits grow by two-thirds from the corresponding period last year, driven by higher profits from its cement, construction materials and trading as well as property development divisions.

     
  • Corporate  |  NOVEMBER 26, 2014 5:58 PM

    PPB Group 3Q profit surges 25% to RM366 mil

    Story by
    www.bernama.com

    PPB Group Bhd's pre-tax profit rose 25% to RM366.27 million for the third quarter (3Q) ended Sept 30, 2014 from RM292.98 million recorded in the same period last year.

     
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