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US judge pauses quest to block sale of Toshiba chip unit

US judge pauses quest to block sale of Toshiba chip unit

SAN FRANCISCO: A California judge put on hold Friday a request by Western Digital to block the sale of Toshiba’s chip division, suggesting a more collaborative order.

July 15, 2017 | By | Reply More
Greenlight Capital takes stake in Toshiba, says its funds fell 4pc in Q2

Greenlight Capital takes stake in Toshiba, says its funds fell 4pc in Q2

HEDGE fund Greenlight Capital said on Friday that it had added a stake in Toshiba Corp as it expects the stock to rise once the Japanese company resolves uncertainties around its bankrupt Westinghouse unit and the sale of its memory business.

July 15, 2017 | By | Reply More
Greenlight Capital takes stake in Toshiba, says its funds fell 4pc in Q2

Greenlight Capital takes stake in Toshiba, says its funds fell 4pc in Q2

HEDGE fund Greenlight Capital said on Friday that it had added a stake in Toshiba Corp as it expects the stock to rise once the Japanese company resolves uncertainties around its bankrupt Westinghouse unit and the sale of its memory business.

July 15, 2017 | By | Reply More
Gas Malaysia hikes up prices of natural gas

Gas Malaysia hikes up prices of natural gas

KUALA LUMPUR: Gas Malaysia Bhd has revised up the natural gas tariff for the non-power sector in Peninsular Malaysia with the average gas base tariff of RM28.05 per MMBtu (one million British thermal units).

July 14, 2017 | By | Reply More
Parkway Pantai Ltd issues US$2bil bond to refinance debt

Parkway Pantai Ltd issues US$2bil bond to refinance debt

KUALA LUMPUR: IHH Healthcare Bhd’s unit, Parkway Pantai Ltd, has issued a US$2 billion multicurrency bonds to refinance its debts and to grow its business.

July 14, 2017 | By | Reply More
Parkway Pantai Ltd issues US$2bil bond to refinance debt

Parkway Pantai Ltd issues US$2bil bond to refinance debt

KUALA LUMPUR: IHH Healthcare Bhd’s unit, Parkway Pantai Ltd, has issued a US$2 billion multicurrency bonds to refinance its debts and to grow its business.

July 14, 2017 | By | Reply More
SC to launch SRI framework for investors

SC to launch SRI framework for investors

KUALA LUMPUR: Securities Commission (SC) is set to launch the sustainable and responsible investment (SRI) framework for investment funds by year-end to strengthen Malaysia’s position as the world’s Islamic banking hub.

July 14, 2017 | By | Reply More
SPNB, Ajiya Bhd sign MoU on AGIBS for future housing projects

SPNB, Ajiya Bhd sign MoU on AGIBS for future housing projects

KUALA LUMPUR: Syarikat Perumahan Negara Bhd (SPNB) has signed a memorandum of understanding (MoU) with Ajiya Bhd to adopt the latter’s Ajiya Green Integrated Building Solutions (AGIBS) for the development of housing projects under the SPNB Group.

July 14, 2017 | By | Reply More
SPNB, Ajiya Bhd sign MoU on AGIBS for future housing projects

SPNB, Ajiya Bhd sign MoU on AGIBS for future housing projects

KUALA LUMPUR: Syarikat Perumahan Negara Bhd (SPNB) has signed a memorandum of understanding (MoU) with Ajiya Bhd to adopt the latter’s Ajiya Green Integrated Building Solutions (AGIBS) for the development of housing projects under the SPNB Group.

July 14, 2017 | By | Reply More
Bank Negara maintains OPR at 3pc

Bank Negara maintains OPR at 3pc

AS widely anticipated, Bank Negara Malaysia has left borrowing costs unchanged in its latest monetary policy decision.

July 14, 2017 | By | Reply More