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Sunday, September 22, 2019

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PMB plans to issue RM1b Islamic bonds

By R Kamalavicini KUALA LUMPUR: Pelaburan Mara Bhd (PMB), the asset management arm of Majlis Amanah Rakyat (Mara), is planning to issue RM1 billion in...

SMEs face GST ‘burden’

By K Vinotharan KUALA LUMPUR: Small- and medium-scale enterprises (SMEs) will be the most affected by the introduction of the Goods and Services Tax (GST)...

Public Bank plans RM5b rights issue

By Azli Jamil KUALA LUMPUR: Public Bank Bhd (PBB) plans to raise up to RM5 billion with a proposed rights issue (PRI) and use the...

Archived: Maybank, CIMB see growth in Indonesia

By Farah Adilla KUALA LUMPUR: Malayan Banking Bhd (Maybank) and CIMB Group Holdings Bhd’s Indonesian operations both recorded loans growth in the first-quarter (1Q) ended...

Archived: Mitsui Outlet Park to be ready next year

By R Kamalavicini KUALA LUMPUR: A new upscale shopping mall will open next to the Kuala Lumpur International Airport (KLIA) by the first-quarter of next...

Xinghe benefits from Ace Market debut

By Azli Jamil KUALA LUMPUR: Edible Oil company Xinghe Holdings Bhd, which made its debut on Bursa Malaysia’s Ace Market yesterday, has the advantage of...

Axis REIT to repay borrowings

By P Prem Kumar KUALA LUMPUR: Axis Real Estate Investment Trust Managers Bhd (Axis REIT) will use most of the proceeds from its proposed capital...

Gibraltar BSN Life set to expand

By Azli Jamil KUALA LUMPUR: Gibraltar BSN Life Bhd aims to increase market share with simple life insurance products that it will distribute over the...

Firms eye RM30b East Coast rail project

By R Kamalavicini KUALA LUMPUR: Several companies have expressed interest in the proposed RM30 billion East Coast Rail Link (ECRL) project that will be built...

Wooing young investors to Marketplace

By John Gilbert KUALA LUMPUR: Bursa Malaysia has launched Marketplace, an interactive stock investment platform aimed at wooing younger investors to the capital market. Marketplace was...

Smartag raises RM4.5m for China venture

By Bhupinder Singh KUALA LUMPUR: Smartag Solutions Bhd shareholders approved proposed plans to raise capital to explore opportunities abroad for its track and trace technology...

Nexgram to buy 70% stake in SHSB

By Farah Adilla KUALA LUMPUR: Nexgram Holdings Bhd has proposed to acquire a 70% stake in Sensorlink Holdings Sdn Bhd (SHSB) from three of its...

Archived: Octagon banking on mining ops in Australia

By R Kamalavicini KUALA LUMPUR: Octagon Consolidated Bhd CEO Mazlan Ali says the company is expected to return to profitable ways following a major shift...

Archived: Ekuinas to unlock investments

By Tanu Pandey KUALA LUMPUR: Government-owned private equity (PE) fund manager Ekuiti Nasional Bhd (Ekuinas) says it will start to unlock values from its flagship...

Archived: AMMB, MetLife in RM812m deal

By Azli Jamil KUALA LUMPUR: AMMB Holdings Bhd has entered a conditional sale agreement with MetLife International Holdings Inc, a subsidiary of American insurer MetLife...

Archived: A&M Realty to boost earnings by 185%

By R Kamalavicini KUALA LUMPUR: Property developer A&M Realty Bhd is expected to spike up earnings by 185% in 2015 driven by its Amverton Cove...

Naza TTDI plans RM2.5b township

za ttdiBy K Vinotharan KUALA LUMPUR: Naza TTDI, the property arm of the Naza Group, will build a business and lifestyle development in Section 13,...

Archived: Labuan IBFC: Form trusts to protect wealth

By K Vinotharan KUALA LUMPUR: Labuan International Business and Financial Centre (Labuan IBFC) said business operators, especially family-owned businesses, should consider setting up foundations and...

Big players holding back housing projects

By John Gilbert KUALA LUMPUR: Sale of new properties has dropped as much as 60% since October last year following cooling measures in the property...

S’gor Properties to launch two projects

By Tanu Pandey KUALA LUMPUR: Selangor Properties Bhd, which recently sold its education business, expects to see a jump in revenue in its financial year...

ECER draws RM24.45b investment in 1Q

By R Kamalavicini KUALA LUMPUR: The East Coast Economic Region (ECER) attracted RM24.45 billion worth of investments in the first-quarter of 2014 (1Q14), the highest...

Archived: PDZ set to diversify with new shareholder

By Bhupinder Singh KUALA LUMPUR: Pelaburan Mara Bhd (PMB) aims to inject assets into logistics service provider PDZ Holdings Bhd within the next six months...

Archived: Merapoh in deal with China Energy

By Tanu Pandey KUALA LUMPUR: Merapoh Resources Corp Sdn Bhd has inked a partnership deal with Chinese state-owned China Energy Huacheng Industrial Investment Co Ltd...

DiGi 1Q net profit up 48% to RM485m

By Azli Jamil KUALA LUMPUR: DiGi.Com Bhd declared a 47.6% rise in first-quarter (1Q) ended on March 31, from RM328.6 million to RM485.2 million a...

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