Business

New post in revamp plan?

By BILQIS - Thursday, 28 August 2014.

MAJOR ROLE: Executive chairman to help steer Malaysia Airlines back to profitability

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Minority shareholders to gain from corporate exercise: I-Bhd

Thursday, August 28, 2014 - 17:26

SHAH ALAM: Minority shareholders of I-Bhd stand to benefit from the company’s corporate exercise.

YTL Corp’s 2014 profit rises to RM2.6b

Thursday, August 28, 2014 - 17:01

Kuala Lumpur: YTL Corp Bhd today announced revenue of RM19.2 billion for 12 months ended June 30 2014, compared to RM19.97 billion for the preceding corresponding 12 months ended June 30 2013.

Petra Energy appoints Sulong Matjeraie as Chairman

Thursday, August 28, 2014 - 16:44

KUALA LUMPUR: Petra Energy Bhd today announced the appointment of Datuk Seri Sulong Matjerie as a new Independent Non-Executive Director/Chairman, effective today.

TA’s unit to buy Trump Hotel for RM294 million

Thursday, August 28, 2014 - 16:14

KUALA LUMPUR: TA Global Bhd's unit, Maxfine International Ltd, is proposing to acquire the Trump International Hotel and Tower in Canada for RM293.71 million, cash.

MAS revamp plan a ‘contract of sorts’

Thursday, August 28, 2014 - 16:11

KUALA LUMPUR: Khazanah Nasional Bhd will unveil, tomorrow, its plan for the wholesale overhaul of ailing Malaysia Airlines (MAS) which analysts have rightly billed as the 'Mother of Restructurings'.

CIMB assigns 'hold' rating on UMW Holdings

Thursday, August 28, 2014 - 15:44

KUALA LUMPUR: CIMB Research assigned a 'hold' rating on UMW Holdings Bhd with a RM12.31 target price following improved overall performance.

BIMB posts Q2 pre-tax profit of RM206.7m

Thursday, August 28, 2014 - 15:20

KUALA LUMPUR: BIMB Holdings Bhd (BHB) posted a profit before zakat and taxation (PBZT) of RM401.1 million for the six months ended

KL shares easier at midafternoon

Thursday, August 28, 2014 - 15:15

KUALA LUMPUR: At 3 pm today, there were 243 gainers, 561 losers and 272 counters traded unchanged on the Bursa Malaysia.

Bank Rakyat targets 10pc growth for Credit Card-i segment

Thursday, August 28, 2014 - 15:13

KUALA LUMPUR: Bank Rakyat targets to achieve 10 per cent growth for its Credit Card-i segment this year, said president/managing director, Datuk Mustafha Abd Razak.

Mah Sing Group buys Puchong land for RM656.9m

Thursday, August 28, 2014 - 15:09

KUALA LUMPUR: Mah Sing Group Ventures Sdn Bhd has signed an agreement with Huges Development Sdn Bhd to acquire 35.9ha of leasehold land in Puchong, Selangor, for RM656.9 million.

Maybank Q2 pre-tax profit jumps to RM2.3b

Thursday, August 28, 2014 - 15:06

KUALA LUMPUR: Malayan Banking Bhd (Maybank) chalked up a higher pre-tax profit of RM2.246 billion for the second quarter ended June 30, 2014 from RM2.088 billion recorded in the same period last year.

KL shares easier at midday

Thursday, August 28, 2014 - 12:51

KUALA LUMPUR: At 12.30 p.m. today, there were 227 gainers, 516 losers and 297 counters traded unchanged on the Bursa Malaysia.

IQ Group shares among top gainers

Thursday, August 28, 2014 - 12:43

KUALA LUMPUR: IQ Group Holdings Bhd's shares were among the top gainers in the morning session on Bursa Malaysia today after posting a better than expected first quarter financial result.

AmResearch keeps 'hold' rating on RHB Cap

Thursday, August 28, 2014 - 12:22

KUALA LUMPUR: AmResearch keeps its 'hold' rating on RHB Capital Bhd (RHB Cap) on accelerated pace of improvement in targeted segments.

KL shares easier at midmorning

Thursday, August 28, 2014 - 11:43

KUALA LUMPUR: Share prices on Bursa Malaysia continued to trade lower mid-morning as investors took profit from yesterday's gains as sentiment was dented by generally weak corporate results.

Australia’s Qantas posts record US$2.6b loss

Thursday, August 28, 2014 - 11:39

SYDNEY: Australia's national airline Qantas on Thursday revealed a full-year loss of 2.8 billion Australian dollars (US$2.6 billion) in the worst result in the company's history.