KUALA LUMPUR: Faber Group Bhd is set to become one of the region's largest asset development and asset management players following the completion of a RM1.15 billion merger with Opus Group Bhd (Opus) and Projek Penyelenggaraan Lebuhraya Bhd (Propel).
KUALA LUMPUR: The public portion of Carimin Petroleum Bhd's initial public offering (IPO), comprising 11.7 million shares, was oversubscribed by 22.1 times.
LONDON: Over three decades after electricity production had ceased at its site, the Battersea Power Station here was placed into the limelight yet again, as a first wave of 13 cities on a global tour welcomed public exhibitions for a sales launch of its development.
SINGAPORE: Oil prices fell in Asia Friday, pressured by a stronger dollar as dealers speculated over whether the will Federal Reserve lift interest rates sooner than later, analysts said.
Malaysia’s 10-year bonds rose this month, pushing the yield down the most since July, as a deteriorating global economic outlook spurred demand for the relative safety of government debt.
KUALA LUMPUR: Malaysia Airlines is offering guests the opportunity to upgrade their seats by determining their own price through its latest product, MHupgrade.
KUALA LUMPUR: Bursa Malaysia extended its gains at mid-morning today as the overnight rise in Wall Street fuelled optimism in the local equities market.
KUALA LUMPUR: The ringgit opened higher against the US dollar propped up by buying interest following yesterday's decline, said a dealer.
KUALA LUMPUR: Bursa Malaysia opened higher in line with regional bourses, after overnight gains on Wall Street.
NEW YORK: US stocks rose on Thursday, boosted by a strong reading on quarterly economic growth and by another round of upbeat earnings reports including Visa, which accounted for nearly 140 points in the Dow industrials.
UEM Sunrise Bhd’s Aurora Melbourne Central project on La Trobe Street in Melbourne, its first Australian development, has gone beyond the epitome of location.
UEM Sunrise Bhd’s Aurora Melbourne Central development has proven to be a big hit among buyers in Malaysia with more than 90 per cent of the 200 allocated units snapped up at a special preview recently.
LONDON: Brent crude oil slipped below US$87 a barrel yesterday as expectations that the US interest rates may rise sooner than expected pushed the dollar to its highest in more than three weeks.
KUALA LUMPUR: Gold futures contracts on Bursa Malaysia Derivatives closed sharply lower yesterday on reduced demand.
KUALA LUMPUR: The three-month Kuala Lumpur Interbank Offered Rate (Klibor) futures contracts closed untraded yesterday.
KUALA LUMPUR: The Kuala Lumpur Tin Market (KLTM) closed higher for the fourth consecutive day yesterday, and in tandem with gains on the London Metal Exchange (LME).
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