Business

MAHB’s net profit for FY14 jumps 135.4 per cent to RM719.7 million

By ZARINA ZAKARIAH - Tuesday, 5 May 2015.

SEPANG: Malaysia Airports Holdings Bhd (MAHB)’s net profit for its financial year ended December 31, 2014, jumped 135.4 per cent to RM719.7 million, from RM305.6 million the previous year.

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M’sia on foreign investors’ radar, says JP Morgan

Tuesday, May 5, 2015 - 20:47

KUALA LUMPUR: – Leading global financial services firm JP Morgan said foreign investors are continuing to pursue opportunities in the Malaysian market.

MIHAS 2015 generates RM1.1 billion sales

Tuesday, May 5, 2015 - 19:45

KUALA LUMPUR: The Malaysia International Halal Showcase (Mihas 2015) has raked in RM1.1 billion in total sales over its four-day trade show last month.

TA Investment declares distribution for 2 funds

Tuesday, May 5, 2015 - 19:41

KUALA LUMPUR: TA Investment Management Bhd (TAIM) has declared a gross income distribution of 1.5 sen per unit for TA Asia Pacific REITs Income Fund (TAREITs) and 0.8 sen per unit for TA Asian Dividend Income Fund (TADIF) to registered unit holders of the funds as of April 30, 2015.

Hartalega’s pre-tax profit drops to RM276.9 million for FY15

Tuesday, May 5, 2015 - 19:35

KUALA LUMPUR: Hartalega Holdings Bhd’s pre-tax profit decreased to RM276.9 million for the financial year ended March 31, 2015 (FY15), from RM308.9 million a year ago.

Asian bourses drift as IPOs roil China stocks

Tuesday, May 5, 2015 - 19:33

HONG KONG: Asian stocks drifted Tuesday, reversing earlier gains, with China stocks taking fright as new share issues raised the prospect of a sell-off.

Completion target for S’pore-M’sia High Speed Rail project to be re-assessed

Tuesday, May 5, 2015 - 18:25

SINGAPORE: – The initial completion target of 2020 for the High Speed Rail (HSR) project linking Singapore and Kuala Lumpur will need to be re-assessed given the scale and complexity of the project.

Bursa Malaysia closes higher

Tuesday, May 5, 2015 - 18:21

KUALA LUMPUR: The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) closed higher today, lifted by gains in selected heavyweights led by Petronas Chemicals and Genting. At 5 pm, the key index rose 9.15 points to 1,827.42 after fluctuating between 1,818.16 and 1,830.9 throughout the day.

CIMB’s US$313 million bond sees healthy demand

Tuesday, May 5, 2015 - 18:18

KUALA LUMPUR: CIMB Bank Bhd saw healthy demand for its inaugural issuance of a US$313 million 30 years callable zero coupon notes, to be listed on the Taipei Exchange and the Bursa Malaysia.

China says exports hurt by foreign currency devaluations

Tuesday, May 5, 2015 - 18:15

BEIJING: The devaluation of currencies by some countries has led to sharp gains in the yuan which are hurting the competitiveness of Chinese exports, the trade ministry said on Tuesday.

Sime Darby shelves US$500m motor business IPO plan

Tuesday, May 5, 2015 - 18:13

KUALA LUMPUR: Sime Darby Bhd , the world’s largest listed palm oil firm, has indefinitely postponed an initial public offering of its automotive business that bankers had said could raise up to US$500 million.

HSR project to boost KL-Singapore economic integration: Bank of America Merrill Lynch

Tuesday, May 5, 2015 - 17:14

KUALA LUMPUR: The high speed rail (HSR) project will boost efforts in Malaysia-Singapore economic integration process, said a research house.

Five Tier 2 developers bid for Kwasa Land’s next residential development

By SHAREN KAUR - Tuesday, May 5, 2015 - 16:07

PETALING JAYA : FIVE pre-qualified Tier 2 developers have bid for Kwasa Land’s next residential development in Kwasa Damansara, Selangor.

FBM KLCI remains in positive territory mid-afternoon

Tuesday, May 5, 2015 - 15:26

KUALA LUMPUR: The key index on Bursa Malaysia resumed trading in the positive territory this afternoon, lifted by gains in selected heavyweights led by Petronas Chemicals.

OTC 2015 to help promote Malaysian companies in O&G services

Tuesday, May 5, 2015 - 15:25

//Offshore technology conference in Texas

Malaysia to host special session of ANRPC

Tuesday, May 5, 2015 - 14:27

KUALA LUMPUR: Malaysia will host a ministerial level Special Session of the Association of Natural Rubber Producing Countries (ANRPC) on Friday to discuss efforts towards ensuring long-term price stability.

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