STORIES TAGGED WITH

  • World Biz  |  SEPTEMBER 24, 2014 12:10 AM

    Low Samsung stock lures Templeton Global Equity Fund

    Story by
    www.bloomberg.com

    Franklin Templeton Investments is betting a rout in Samsung Electronics Co. shares is overdone. Peter Wilmshurst, who oversees two funds with more than US$500 million at Franklin Templeton, said he’s investing in South Korea’s biggest company because valuations are attractive …

     
  • Corporate  |  SEPTEMBER 24, 2014 12:00 AM

    RMAF to receive first Airbus A400M in 1Q next year

    Story by
    www.bernama.com

    The Royal Malaysian Air Force’s (RMAF) first Airbus A400M new generation airlifter is expected to arrive in the first quarter next year. In a statement today, Airbus Defence and Space said this would be followed by two more later in …

     
  • Economy  |  SEPTEMBER 23, 2014 11:54 PM

    Thailand must disburse RM10 bil to boost economy

    Story by
    www.bernama.com

    Thailand must disbursed 100 billion baht for investment, construction and other areas in the first three months of its fiscal year 2015 starting Oct 1 in order to boost its economy, Prime Minister Gen.Prayuth Chan-ocha said. The economy will not …

     
  • Issues  |  SEPTEMBER 23, 2014 9:00 PM

    SP Setia in leadership crisis

    Story by
    [email protected]

    After a second CEO resignation within nine months, property developer SP Setia have yet to have a permanent replacement for long-time boss Liew Kee Sin, who left in April this year. Why is major shareholder PNB taking its time over …

     
  • Corporate & Featured and Exclusive  |  SEPTEMBER 23, 2014 8:27 PM

    MAHB mulls RM1.2 bil question on Turkey airport subsidiary

    Story by
    [email protected]

    If the airport operator chooses to exercise its right of first refusal for the remaining 40% in the Sabiha Gokcen International Airport’s operator, it would have to fork out RM1.2 billion.

     
  • Corporate  |  SEPTEMBER 23, 2014 8:22 PM

    SC approves RHB Bank’s RM16.2 bil EMTN programme

    Story by
    www.bernama.com

    RHB Capital Bhd’s unit, RHB Bank Bhd has obtained the Securities Commission Malaysia’s approval and authorisation for the establishment of the Euro medium-term note (EMTN) programme. In a filing to Bursa Malaysia, the group said RHB Bank may issue up …

     
  • Commodities  |  SEPTEMBER 23, 2014 7:53 PM

    CPO prices end higher on renewed interest

    Story by
    www.bernama.com

    Crude palm oil (CPO) futures prices on Bursa Malaysia Derivatives rebounded to close higher today on renewed buying interest, a dealer said. Phillip Futures Sdn Bhd derivative product specialist, David Ng, told Bernama the CPO futures closed higher today on …

     
  • Corporate & Featured and Exclusive  |  SEPTEMBER 23, 2014 7:39 PM

    MAS reports load factor of 71%, lowest since May

    Story by
    [email protected]

    Malaysia Airlines reported another month of low passenger numbers in the aftermath of two tragic air disasters to befall the flag carrier this year.

     
  • Corporate  |  SEPTEMBER 23, 2014 7:23 PM

    Insurance sector sees steady growth in 1H14

    Story by
    [email protected]

    The Malaysian general insurance industry has continued to record steady growth in the first six months of 2014 with its gross written premium growing by 6.4% to RM 8.9 billion compared to RM 8.3 billion registered in the same period …

     
  • Featured and Exclusive, Markets, World Biz  |  SEPTEMBER 23, 2014 7:16 PM

    Jimmy Choo plans Oct IPO in London

    Story by
    www.bloomberg.com

    The high fashion house is seeking RM3 billion in valuation, eyeing investors even as larger luxury companies confront slumping demand in Asia.

     
  • Corporate  |  SEPTEMBER 23, 2014 7:08 PM

    PNB sells off UMW shares

    Story by
    [email protected]

    Permodalan Nasional Bhd (PNB) has ceased from being a direct substantial shareholder of UMW Holdings Bhd, according to a filing on Bursa Malaysia today. According to the company’s statement, PNB has disposed 10 million UMW Holdings’ shares reducing its total …

     
  • Corporate & Featured and Exclusive  |  SEPTEMBER 23, 2014 7:03 PM

    Veolia clinches 20-year water deal for 1MDB’s TRX

    Story by
    [email protected]

    Tun Razak Exchange today announced the signing of a 20-year concession agreement with Veolia Water Technologies Southeast Asia for wastewater treatment and recycled water supply.

     
  • Corporate  |  SEPTEMBER 23, 2014 6:45 PM

    MRCB shortlisted for incinerator project

    Story by
    www.bernama.com

    Malaysian Resources Corp Bhd (MRCB) has been shortlisted to bid for the 1,000-tonne per day waste-to-energy incinerator project in Taman Beringin, Kepong, which is estimated to cost up to RM800 million. Its chief financial officer, Ann Wan Tee, said the …

     
  • Corporate, Featured and Exclusive, Markets  |  SEPTEMBER 23, 2014 6:45 PM

    After price hike U-turn, turbulent day for BAT shares

    Story by
    [email protected]

    British American Tobacco (Malaysia) Bhd (BAT) saw its share value fall to the lowest point it has seen since August.

     
  • Corporate  |  SEPTEMBER 23, 2014 6:32 PM

    APFT partners with German aviation training agency

    Story by
    [email protected]

    Flight training school APFT Maintenance Training is partnering German aviation training agency Lufthansa Technical Training (LTT) for a five-year collaboration programme.

     
  • Markets  |  SEPTEMBER 23, 2014 6:21 PM

    Ringgit closes unchanged against US dollar

    Story by
    www.bernama.com

    The ringgit closed unchanged against the US dollar today in a choppy market, said a dealer.

     
  • Corporate & Featured and Exclusive  |  SEPTEMBER 23, 2014 6:08 PM

    Philip Morris forced BAT and JTI’s hands, say analysts

    Story by
    [email protected]

    Philip Morris International’s refusal to raise prices may have forced fellow tobacco players JT International and British American Tobacco to lower prices just two weeks after raising them, analysts think.

     
  • Markets  |  SEPTEMBER 23, 2014 5:59 PM

    KL shares end easier despite upbeat regional bourses

    Story by
    www.bernama.com

    Bursa Malaysia finished the day in the red despite the regional bourses' bullish performances after positive data for China's factory activity.

     
  • Commodities  |  SEPTEMBER 23, 2014 5:41 PM

    Rubber market extends losses to end lower

    Story by
    www.bernama.com

    Malaysian rubber prices extended their fall at close today, tracking the Shanghai Futures Exchange's (SHFE) downtrend, as more traders remained on the sidelines, a dealer said.

     
  • Corporate, Featured and Exclusive, Property  |  SEPTEMBER 23, 2014 5:33 PM

    S’gor foreign property purchases policy may backfire

    Story by
    [email protected]

    The Selangor government’s decision to increase the floor price for property purchases by foreigners could backfire by pushing prices higher as well as deterring foreign investments, according to some industry players.

     
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