KUALA LUMPUR: Institutional investors bought into Malaysia's biggest listing in nearly three years, oversubscribing an initial public offering by Malakoff Corporation Bhd worth up to US$756 million by more than two times, according to three people with direct knowledge of the matter.
KUALA LUMPUR: Contrary to brickbats hurled by critics over its financial standing, renowned economist Dr Yeah Kim Leng says Malaysia’s creditworthiness continues to rank highly among international investors as evident by the success chalked by the US$1.5 billion sukuk issued by the government.
KUALA LUMPUR: The US-ASEAN Business Council has lauded the decision of the US lawmakers to renew the Trade Promotion Authority which will enable the US to give the go-ahead for the Trans Pacific Partnership.
SINGAPORE: Brent crude oil prices fell on Friday, ending a run of rallies earlier in the week, after OPEC said that its output surged in March, adding to a global glut.
KUALA LUMPUR: – Samsung Malaysia Electronics Sdn Bhd will re-stock the Samsung Galaxy S6 Edge in Gold Platinum to meet the overwhelming response from Malaysian consumers.
KUALA LUMPUR: – OSK Property Holdings Bhd expects to maintain growth this year, bolstered by new project launches worth around RM1 billion in gross development value (GDV).
KUALA LUMPUR: TIME Magazine named AirAsia’s Group Chief Executive Officer Tan Sri Tony Fernandes to the 2015 TIME 100, the magazine’s annual list of the 100 most influential people in the world.
KUALA LUMPUR: CIMB Research is bullish on SapuraKencana Petroleum Bhd’s business outlook given its potential of re-rating in the Securities Commission’s (SC) list of Shariah-compliant securities.
KUALA LUMPUR: – Naza Euro Motors Sdn Bhd expects the newly launched petrol-variant MPV Citroen Grand C4 Picasso to be one of its main volume drivers this year.
KUALA LUMPUR: Institutional investors bought into Malaysia’s biggest listing in nearly three years, oversubscribing an initial public offering by Malakoff Corporation Bhd worth up to $756 million by more than two times, according to three people with direct knowledge of the matter.
KUALA LUMPUR: Malakoff Corporation Bhd (Malakoff) announced 12 cornerstone investors to its highly anticipated initial public offering (IPO), after months of speculations, this morning.
PUTRAJAYA: The Pan Asian e-Commerce Alliance (PAA) is confident that 10,000 of its 340,000 members from 11 countries will register with its Pan Asia Exchange (PAE), a business-to-business (B to B) e-marketplace portal, in the next six months.
KUALA LUMPUR: German premium automaker, BMW Malaysia Sdn Bhd, is revising the prices of all its BMW and MINI vehicles lower by up to 1.9 per cent.
KUALA LUMPUR: Perodua expects its accessories sales contribution to after sales segment to increase by 2-3 per cent this year with the launch of its own line of accessories under the brand name ‘GearUp’.
KUALA LUMPUR: Maybank Investment Bank Bhd (Maybank IB)is issuing six new European style cash-settled call warrants.