KUALA LUMPUR: MMC Corp Bhd expects to list its energy arm Malakoff Corp Bhd on Bursa Malaysia in mid-May, said Group MD Datuk Seri Che Khalib Mohamad Noh.
KUALA LUMPUR: Moody's said Malaysian banks’ exposure to the troubled 1MDB is credit negative, but manageable.
KUALA LUMPUR: The FTSE Bursa Malaysia KLCI (FBM KLCI) remained on an uptrend mid-morning, lifted by consumer-related stocks.
PUTRAJAYA: The Goods and Services Tax (GST) for the finance and banking sector is based on fees and not on the amount transacted.
KUALA LUMPUR: Amcorp Properties Bhd’s shares appreciated 6.41 per cent as the market reacted positively to its joint-venture (JV) deal in London.
KUALA LUMPUR: Berjaya Corporation Bhd and Redtone International Bhd’s stocks were traded higher in early session after the former launched a takeover bid on the telecommunication company at 80 sen per share.
PUTRAJAYA: Felda Wellness Corporation Sdn Bhd (FWC), a wholly-owned subsidiary of the Federal Land Development Authority (Felda), targets one million users this year for its newly-launched cultured coconut extracts Neutrax Original and Neutrax Therapy Oil.
BEIJING: Denmark has applied to join the Beijing-led Asian Infrastructure Bank (AIIB), China’s Ministry of Finance said on Sunday, becoming the latest European power to join the institution despite misgivings of the United States.
KUALA LUMPUR: Furniture manufacturer Kanger International Bhd's investment in a proposed commercial building in Ganzhou, China is targeted to start at the end of 2016.
KUALA LUMPUR: AirAsia has further strengthened its network into Indonesia and the Philippines via three separate hubs in Malaysia.
PETALING JAYA: The Malaysian Automotive Association (MAA) has urged potential car buyers to do so before April 1, 2015 as most car companies planned to reduce their inventories with attractive offers.
KUALA LUMPUR: The Ministry of Finance, in its capacity as the 100 per cent shareholder of 1Malaysia Development Bhd (1MDB), has created a special task force to help ensure the successful implementation of the company’s strategic review.
SEPANG: Long-haul budget carrier AirAsia X Bhd is optimistic of making a turnaround this year with the implementation of a capacity management and restructuring exercise.
KUALA LUMPUR: Malaysia Airports Holdings Bhd (MAHB) has completed its inaugural rights issue following the listing of and quotation for its 275,308,267 shares on the Main Market of Bursa Malaysia Securities Bhd today.
KUALA LUMPUR: The government has urged local small and medium enterprise (SME) players to take advantage of the huge opportunities in the multi-billion dollar halal food and non-food industry globally.