STORIES TAGGED WITH

  • Corporate & Featured and Exclusive  |  AUGUST 27, 2014 8:40 PM

    Masteel gets Johor govt support for RM1 bil rail job

    Story by
    [email protected]

    After several false alarms, the controversial Iskandar commuter rail project now appears to be back on track

     
  • Corporate  |  AUGUST 27, 2014 8:32 PM

    Johor govt backs inter-city rail transit project

    Story by
    www.bernama.com

    Malaysia Steel Works (KL) Bhd (Masteel) has received the Johor state government support on the state’s proposed first inter-city rail transit infrastructure. In a filing to Bursa Malaysia, the company said it would proceed to seek the necessary approvals from …

     
  • Corporate  |  AUGUST 27, 2014 8:07 PM

    APM Holdings records pre-tax loss of RM37.69 mil in 2Q

    Story by
    www.bernama.com

    APM Automotive Holdings Bhd reported a pre-tax loss of RM37.69 million for the second quarter ended June 30, 2014 against a pre-tax profit of RM48.99 million in the corresponding period last year. Revenue rose to RM340.00 million from RM338.28 million …

     
  • Corporate  |  AUGUST 27, 2014 8:00 PM

    PPB Group pre-tax profit falls to RM192.2 mil in 2Q

    Story by
    www.bernama.com

    PPB Group Bhd’s pre-tax profit fell to RM192.243 million for the second quarter ended June 30, 2014 from RM198.852 million registered in the corresponding period last year. Revenue, however, increased to RM956.644 million during the period under review from RM818.489 …

     
  • Corporate  |  AUGUST 27, 2014 7:51 PM

    MyCC appoints four new members of commission

    Story by
    www.bernama.com

    The Malaysia Competition Commission (MyCC) today announced the appointment of four new Members of Commission (MOCs)

     
  • Corporate  |  AUGUST 27, 2014 7:48 PM

    Utusan aborts rights issue; mulls other ways for funds

    Story by
    [email protected]

    However, the company will continue exploring other ways to raise funds to address its capital requirements, it said

     
  • Corporate  |  AUGUST 27, 2014 7:40 PM

    Freight Management posts pre-tax profit of RM30.83 mil

    Story by
    www.bernama.com

    Freight Management Holdings Bhd’s pre-tax profit for the financial year ended June 30, 2014 rose slightly to RM30.83 million from RM30.22 million in the corresponding period last year. The company’s revenue surpassed the RM400 million mark for the first time, …

     
  • Corporate & Featured and Exclusive  |  AUGUST 27, 2014 7:32 PM

    Ebola not sole factor pushing up glove stocks

    Story by
    [email protected]

    Investors should take a long-term view as outbreak will not cause a significant surge in demand for gloves, manufacturers association Margma advises

     
  • Corporate  |  AUGUST 27, 2014 7:32 PM

    Country Heights 2Q pre-tax profit rises to RM8.65 mil

    Story by
    www.bernama.com

    Country Heights Holdings Bhd’s (CHHB) pre-tax profit for the second quarter ended June 30, 2014 rose to RM8.65 million from RM2.38 million in the same quarter last year. Revenue increased to RM61.75 million from RM51.36 million previously due to higher …

     
  • Commodities  |  AUGUST 27, 2014 7:27 PM

    CPO futures end lower

    Story by
    www.bernama.com

    Crude palm oil (CPO) futures prices on Bursa Malaysia Derivatives ended lower today on the back of the strengthening ringgit amid sluggish export performance, a dealer said. He said the firmer ringgit against the US dollar coupled with weak export …

     
  • Corporate  |  AUGUST 27, 2014 7:11 PM

    JCY International: ‘Not affected’ by factory torching

    Story by
    www.malaysiakini.com

    A public-listed company that had its factory torched by disgruntled workers in Kulai last night said today the damages are “minimal” and will not affect its business. “JCY International Berhad is of the view that the damages to the factory and properties …

     
  • Singapore  |  AUGUST 27, 2014 7:03 PM

    Osim drops by most in 3 months on convertibles

    Story by
    www.bloomberg.com

    Osim International Ltd., Asia’s largest maker of massage chairs, dropped by the most in almost three months after a sale of S$170 million (RM430 million) convertible bonds sparked concern the company is preparing for a big acquisition. Osim dropped 2.8 …

     
  • World Biz  |  AUGUST 27, 2014 6:54 PM

    Shell advances Nigerian oil field sale

    Story by
    www.bloomberg.com

    Royal Dutch Shell Plc, Europe’s largest oil company, is advancing plans to sell four fields in Nigeria to meet a US$15 billion (RM47.4 billion) asset-sales plan. The company “has signed sales and purchase agreements for some of the oil mining …

     
  • Corporate & Featured and Exclusive  |  AUGUST 27, 2014 6:44 PM

    Axiata reconsiders divestment plans in Pakistan

    Story by
    [email protected]

    Axiata is reconsidering its original plans to divest its holdings in Pakistan, given the growth of the fibre market in the country.

     
  • Corporate & Featured and Exclusive  |  AUGUST 27, 2014 6:23 PM

    M’sia has no direct economic ties with Israel, says Tok Pa

    Story by
    www.bernama.com

    Although Malaysia has no direct economic ties with Israel, indirect trade through the global supply and value chain is beyong the control of the government, says International Trade and Industry Minister Mustapa Mohamed

     
  • Markets  |  AUGUST 27, 2014 6:06 PM

    Ringgit closes higher against the US dollar

    Story by
    www.bernama.com

    The ringgit closed higher against the US dollar today as investors shifted their interest to the local note for the second consecutive day, a dealer said.

     
  • Corporate  |  AUGUST 27, 2014 6:01 PM

    Southern Steel sees RM30 mil FY14 pre-tax profits

    Story by
    www.bernama.com

    Southern Steel Bhd reported a pre-tax loss of RM30.91 million for the financial year ended June 30, 2014 compared with a pre-tax profit of RM44.36 million in the corresponding period last year.

     
  • Opinion  |  AUGUST 27, 2014 6:00 PM

    Bringing it back home

    Story by
    www.project-syndicate.org

    An increasing number of American companies are making plans to shift their headquarters to Europe. These so-called “inversions” would reduce these companies’ total tax bill by allowing them to escape from the United States’ uniquely unfavorable corporate tax rules. So what …

     
  • Commodities  |  AUGUST 27, 2014 5:46 PM

    Rubber market closes lower as Thailand sells stockpile

    Story by
    www.bernama.com

    The Malaysian rubber market closed lower today after the top producer Thailand decided to sell its stockpile, a dealer said.

     
  • Markets  |  AUGUST 27, 2014 5:42 PM

    KL shares close higher on blue-chip gains

    Story by
    www.bernama.com

    Share prices on Bursa Malaysia closed higher today, propped up by gains on blue-chips especially Hong Leong-related counters, dealers said.

     
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