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FGV appoints Khairil Anuar Aziz as officer-in-charge for Group President, CEO duties

FGV appoints Khairil Anuar Aziz as officer-in-charge for Group President, CEO duties

KUALA LUMPUR: Felda Global Ventures Holdings Bhd (FGV) has appointed Datuk Khairil Anuar Aziz as the officer-in-charge to take over the duties and responsibilities of the Group President and Chief Executive Officer during this interim period.

July 20, 2017 | By | Reply More
Bursa Malaysia, CIMB organise Invest Malaysia to draw in potential investors

Bursa Malaysia, CIMB organise Invest Malaysia to draw in potential investors

KUALA LUMPUR: Bursa Malaysia Bhd and CIMB Investment Bank are jointly organising Invest Malaysia Kuala Lumpur (IMKL17) with the theme, ‘Malaysia at 60: Maximising Potential’, where investors will see the diversity of the nation’s capital markets.

July 20, 2017 | By | Reply More
Modest growth of 4.4pct for M'sian economy in 2017: Asian Development Bank

Modest growth of 4.4pct for M'sian economy in 2017: Asian Development Bank

KUALA LUMPUR: While growth in the Malaysian economy may have bottomed out last year, this year will see a modest recovery recording a 4.4 per cent growth followed by a 4.6 per cent growth in 2018 said the Asian Development Bank (ADB).

July 20, 2017 | By | Reply More
Affin Holdings reorganisation to benefit shareholders

Affin Holdings reorganisation to benefit shareholders

THE reorganisation of Affin Holdings Bhd (AHB) under Affin Bank Bhd will draw synergistic benefits for shareholders, says Armed Forces Fund Board (LTAT), which owns the largest stake, or 35.42 per cent, in AHB.

July 20, 2017 | By | Reply More
Maxis Bhd records 17.62 pct rise in net profit for 2Q2017

Maxis Bhd records 17.62 pct rise in net profit for 2Q2017

KUALA LUMPUR: Maxis Bhd has recorded an impressive 17.62 per cent rise in its net profit for 2Q2017 at RM574 million, over the same quarter in 2016 when it hit RM488 million.

July 20, 2017 | By | Reply More
Thailand's PTT considers taking stake in Malaysia gas facility

Thailand's PTT considers taking stake in Malaysia gas facility

BANGKOK: Thailand’s state-owned oil and gas giant PTT Plc is considering taking a stake in a natural gas liquefaction plant to be built in Malaysia, a company spokesman said on Thursday.

July 20, 2017 | By | Reply More
CIMB Group Holdings gets neutral call

CIMB Group Holdings gets neutral call

KUALA LUMPUR: CIMB Group Holdings Bhd received a neutral call with a target price of RM6.40 from PublicInvest Research as the Group’s Thai unit’s 1HFY17 net profit improved year-on-year (YoY) on the back of lower operating expenses and provisions.

July 20, 2017 | By | Reply More
Sunac shares jump to record highs after Wanda deal restructured

Sunac shares jump to record highs after Wanda deal restructured

Sunac shares jump to record highs after Wanda deal restructured

July 20, 2017 | By | Reply More
ADB: Asia growth outlook brightens on strong exports

ADB: Asia growth outlook brightens on strong exports

ADB: Asia growth outlook brightens on strong exports

July 20, 2017 | By | Reply More
Oil stable after large fall in US fuel stocks

Oil stable after large fall in US fuel stocks

SINGAPORE: Oil prices held steady on Thursday following solid gains the previous day when falling U.S. fuel inventories lifted the market.

July 20, 2017 | By | Reply More