Business

JCorp’s Al-Salam REIT comprises 31 assets worth RM900 million

By ZARINA ZAKARIAH - Tuesday, 28 April 2015.

PUTRAJAYA: Johor Corporation (JCorp) has announced its second Islamic Real Estate Investment Trust (REIT) under the Al-Salam REIT that includes 31 assets worth RM900 million, comprising commercial retail, office and industrial assets.

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1MDB issues should be put behind us, says Nazir Razak

Tuesday, April 28, 2015 - 16:38

KUALA LUMPUR: CIMB Holdings Bhd Chairman, Datuk Seri Nazir Razak, today said issues pertinent to 1Malaysia Development Bhd (1MDB) should be put ‘behind us’ as they could impact investors’ sentiment towards Malaysia.

Bina Puri denies having relations with “Utokens”

Tuesday, April 28, 2015 - 16:34

KUALA LUMPUR: Bina Puri Holdings Bhd today denied it has any kind of relations with any “Utokens“, and has never participated in any of its promotion or any other promotions by Thailand-based UFUN Group.

CIMB Niaga’s bottomline to significantly improve in Q2: Nazir Razak

Tuesday, April 28, 2015 - 15:35

KUALA LUMPUR: CIMB Holdings Bhd expects the bottomline of CIMB Niaga, the group’s operations in Indonesia, to significantly improve in the second quarter (Q2).

Malaysia poised to be Asia’s biggest exporter

Tuesday, April 28, 2015 - 15:08

KUALA LUMPUR: Malaysia is expected to be Asia’s biggest biogas exporter by 2020 and Asia’s biggest biogas hub by 2030, said Science, Techonology and Innovation Minister, Datuk Dr Ewon Ebin.

FBM KLCI remains lower mid-day

Tuesday, April 28, 2015 - 15:06

KUALA LUMPUR: The key index on Bursa Malaysia remained lower mid-day on lack of interest in selected heavyweights.

SDOE and Gas Malaysia creates a JV in bio-compressed natural gas value chain

By LIDIANA ROSLI - Tuesday, April 28, 2015 - 15:03

SUBANG JAYA: Sime Darby Offshore Engineering Sdn Bhd (SDOE), a subsidiary of conglomerate Sime Darby Bhd, had this morning partnered with Gas Malaysia Bhd to create a new joint venture (JV), Sime Darby Gas Malaysia Bio-CNG Sdn Bhd (SDGM).

JCorp’s Al-Salam REIT comprises 31 assets worth RM900 million

By ZARINA ZAKARIAH - Tuesday, April 28, 2015 - 13:46

PUTRAJAYA: Johor Corporation (JCorp) has announced its second Islamic Real Estate Investment Trust (REIT) under the Al-Salam REIT that includes 31 assets worth RM900 million, comprising commercial retail, office and industrial assets.

Asian markets tepid ahead of major earnings, Fed meeting

Tuesday, April 28, 2015 - 13:05

SEOUL: Asian stock markets were lukewarm Tuesday, taking a cue from losses on Wall Street ahead of earnings from major Asian companies and the Federal Reserve’s policy meeting.

Research houses maintain “Buy” call on TNB

Tuesday, April 28, 2015 - 12:41

KUALA LUMPUR: Research houses have maintained a ‘buy’ call on Tenaga Nasional Bhd (TNB) following the utility company’s positive results which were within industry expectation.

KL shares lower mid-morning

Tuesday, April 28, 2015 - 12:37

KUALA LUMPUR: The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) retracted into the negative territory mid-morning on lack of buying momentum in most heavyweights, dealers said.

Ringgit ends slightly higher against US dollar

Monday, April 27, 2015 - 19:32

KUALA LUMPUR: The ringgit ended higher against the US dollar today, on mild buying support for the local note following weaker US economic data, a dealer said.

Asean leaders express keen interest in promoting SMEs: ABAC

Monday, April 27, 2015 - 19:30

KUALA LUMPUR: ASEAN leaders have expressed keen interest in promoting Small Medium Enterprises (SMEs) as the driving force for the proposed ASEAN Economic Community.

Borneo Oil to raise RM223.39 million via rights issue

Monday, April 27, 2015 - 19:28

KUALA LUMPUR: Borneo Oil Bhd (BornOil) is raising RM223.39 million through a proposed rights issue with free warrants, aimed at expanding its lucrative gold mining activities in Peninsular Malaysia.

RHB Group appoint Khairussaleh as group CEO, group MD

Monday, April 27, 2015 - 19:26

KUALA LUMPUR: The RHB Banking Group has appointed Datuk Khairussaleh Ramli as the group chief executive officer (CEO) and group managing director (MD) of RHB Banking Group with effect from May 5, 2015.

FBM KLCI ends lower on profit-taking

Monday, April 27, 2015 - 19:24

KUALA LUMPUR: Bursa Malaysia finished lower today on profit-taking in selected blue-chips and heavyweights, a dealer said.

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