Business

1MDB loans with local banks totalled RM5.037 billion: PM

By ILI LIYANA - Thursday, 26 March 2015.

KUALA LUMPUR: 1Malaysia Development Berhad (1MDB) loans with local banks amounted to RM5.037 billion as at January this year.

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TM, NTPSB to develop flagship tech park in Iskandar Malaysia

Thursday, March 26, 2015 - 22:07

KUALA LUMPUR: Telekom Malaysia Bhd (TM) and Nusajaya Tech Park Sdn Bhd (NTPSB) have signed three separate agreements towards developing a flagship technology park in Iskandar Malaysia, Johor.

ABN: Refer to respective banks for revised fee after GST inclusion public advised

Thursday, March 26, 2015 - 22:04

KUALA LUMPUR: The Association of Banks in Malaysia (ABM) has published a document on its website, listing out the Goods and Services Tax (GST) treatment by its commercial bank members on more than 300 general bank products and services.

KV Resources forges partnership to supply defence equipment

Thursday, March 26, 2015 - 20:56

LANGKAWI: KV Resources Sdn Bhd has forged partnership with foreign companies, including that of the US and Australia, to supply defence equipment to the Malaysian Armed Forces at competitive prices.

Gamuda’s pre-tax profit rises to RM229.8m

Thursday, March 26, 2015 - 20:52

KUALA LUMPUR: Gamuda Bhd’s pre-tax profit for the second quarter ended Jan 31, 2015 rose to RM229.8 million from RM200.81 million chalked up in the same period last year.

Taliworks’ indirect subsidiary acquires 35pc equity in Cerah Sama

Thursday, March 26, 2015 - 20:48

KUALA LUMPUR: Taliworks Corporation Bhd’s indirect subsidiary, TEI Sdn Bhd, has acquired a 35 per cent equity interest in Cerah Sama Sdn Bhd for RM80 million, the company announced in a filling to Bursa Malaysia today. -- BERNAMA

KL shares end almost flat amid regional weakness

Thursday, March 26, 2015 - 18:43

KUALA LUMPUR: Shares on Bursa Malaysia ended almost flat today after rangebound trade as sentiment was dampened by weakness in regional markets, dealers said.

AirAsia: ‘2015 Mac program promosi AirAsia’ a scam

Thursday, March 26, 2015 - 18:41

KUALA LUMPUR, March 26 (Bernama) – AirAsia Group today clarified that the ‘2015 Mac Program Promosi AirAsia’ email scheme from ‘AirAsia Singapura’ is a scam.

EcoWorld to launch £1.2 billion worth of properties in London this year

By SHAREN KAUR - Thursday, March 26, 2015 - 15:29

KUALA LUMPUR: Eco World Investment Co Ltd (EWI), a private vehicle owned by Tan Sri Liew Kee Sin and Datuk Voon Tin Yow, will launch up to £1.2 billion worth of properties in London this year.

Govt urges 55,000 SMEs to redeem GST e-voucher

Thursday, March 26, 2015 - 15:10

KUALA LUMPUR: About 55,000 small and medium enterprises (SMEs) which have downloaded the Goods and Services Tax (GST) e-voucher need to redeem the government’s aid before the end of this month, says Minister of International Trade and Industry Datuk Seri Mustapa Mohamed.

Power plant on track for 2016, says Tanjung Bin Energy

Thursday, March 26, 2015 - 15:09

PONTIAN: Construction work on Malakoff Corporation Bhd’s new 1,000MW coal-fired power plant in Tanjung Bin, Johor, is on track, said Tanjung Bin Energy Sdn Bhd assistant project director Mohd Syahrul Izwan Ismail.

ManagePay shares actively traded after proposed private placement

Thursday, March 26, 2015 - 14:30

KUALA LUMPUR: ManagePay Systems Bhd shares were actively traded this morning after the company proposed to undertake a private placement to third party investors.

Samalaju Industries raises stake in Sarawak Smelting project

Thursday, March 26, 2015 - 14:28

KUALA LUMPUR: Samalaju Industries Sdn Bhd has purchased an additional 5.0 per cent stake in the ferrosilicon and manganese alloys smelting project in Samalaju Industrial Park (SIP) from OM Materials (S) Pte Ltd for US$18.45 million (US$1=RM3.67).

1MDB loans with local banks totalled RM5.037 billion: PM

By ILI LIYANA - Thursday, March 26, 2015 - 14:28

KUALA LUMPUR: 1Malaysia Development Berhad (1MDB) loans with local banks amounted to RM5.037 billion as at January this year.

TRC Synergy bags RM53.93mil housing project

Thursday, March 26, 2015 - 14:15

KUALA LUMPUR: TRC Synergy Bhd’s wholly-owned unit, Trans Resources Corporation Sdn Bhd, has bagged a RM53.935 million housing project from Putrajaya Homes Sdn Bhd.

Bina Puri to build massive sewerage treatment plant in Kuala Lumpur

Thursday, March 26, 2015 - 13:45

KUALA LUMPUR: Bina Puri Sdn Bhd, a wholly-owned subsidiary of Bina Puri Holdings Bhd has won a massive sewage treatment plant project to provide for the expected increase of urban dwellers in Setapak for the next 20 years.

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