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Sarawak Plantation buys land with oil palm

Sarawak Plantation buys land with oil palm

PETALING JAYA: Sarawak Plantation Bhd proposes to purchase two parcels of land together with oil palm plantations from Magna Wide Sdn Bhd (MW) and Magna Wide Enterprise Sdn Bhd (MWE) for RM76 million. In a filing with Bursa Malaysia yesterday, Sarawak Plantation said its wholly owned subsidiary Sarawak Plantation Agriculture Development Sdn Bhd has entered […]

September 1, 2016 | By | Reply More
KAJ Development, Powerchina sign RM30b pact on Melaka Gateway project

KAJ Development, Powerchina sign RM30b pact on Melaka Gateway project

PETALING JAYA: Melaka Gateway master developer KAJ Development Sdn Bhd (KAJD) has inked a RM30 billion memorandum of agreement (MoA) with Powerchina International Group Ltd for the development of three islands under the Melaka Gateway project, more than two years after its launch in 2014. In a joint statement yesterday, KAJD said it will partner […]

September 1, 2016 | By | Reply More
Mobile packages may not get cheaper despite MCMC directive

Mobile packages may not get cheaper despite MCMC directive

PETALING JAYA: Consumers may not necessarily see cheaper packages despite the Malaysian Communications and Multimedia Commission’s (MCMC) move to stop mobile operators from passing on additional costs to subscribers, analysts say. Hong Leong Investment Bank (HLIB) Research does not expect any changes in the pricing of packages offered by operators or a price war in […]

September 1, 2016 | By | Reply More
George Kent eyes railway projects in Southeast Asia

George Kent eyes railway projects in Southeast Asia

PUCHONG: Water metering and engineering company George Kent (M) Bhd is eyeing opportunities to participate in railway projects in Southeast Asia. “Currently, we are talking with a few companies. By having gained experience at home, we feel that we want to take this (experience) overseas,” its chairman Tan Sri Tan Kay Hock told reporters after […]

September 1, 2016 | By | Reply More
Ringgit ends lower against US dollar

Ringgit ends lower against US dollar

KUALA LUMPUR: The ringgit continued to close lower against the US dollar today in line with most emerging Asian currencies as traders are cautiously awaiting US jobs data to be released tomorrow, dealers said. At 6pm, the ringgit was quoted at 4.0740/0790 against the greenback from 4.0510/0600 on Tuesday. The dealer said the US jobs […]

September 1, 2016 | By | Reply More
Bursa Malaysia ends lower

Bursa Malaysia ends lower

KUALA LUMPUR: Share prices on Bursa Malaysia closed lower today amid the bearish sentiment on regional markets following the overnight drop on Wall Street, dealers said. At 5pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) ended 7.51 points or 0.45% weaker at 1,670.55, from Tuesday's close of 1,678.06. The FBM KLCI, which opened 4.29 […]

September 1, 2016 | By | Reply More
A little hope goes a long way

A little hope goes a long way

PUPILS of Sekolah Kebangsaan Ladang Pendas in Gelang Patah, Johor have been able to start their mornings right, thanks to the nutritious breakfasts courtesy of KFC Malaysia’s Add Hope campaign. The campaign is part of KFC’s global corporate social responsibility (CSR) effort to bring relief to the plight of the less privileged and drive action […]

September 1, 2016 | By | Reply More
Iris Corp expects to maintain financial performance

Iris Corp expects to maintain financial performance

BUKIT JALIL: Iris Corp Bhd expects to maintain its performance for the current financial year ending March 31, 2017 (FY17), driven by its trusted identification business. In FY16, it posted a net profit of RM6.32 million against a revenue of RM479.23 million. Group managing director and CEO Datuk Tan Say Jim said it is mindful […]

September 1, 2016 | By | Reply More
George Kent eyes jobs in Southeast Asia

George Kent eyes jobs in Southeast Asia

PUCHONG: Water metering and engineering company George Kent (M) Bhd is eyeing opportunities from the Southeast Asia region to participate in rail road projects. “Currently, we are talking with a few companies. It's hard to say when we can conclude the discussion, because sometimes things work out very quickly and sometimes it takes much longer,” […]

September 1, 2016 | By | Reply More
Ringgit sharply lower against greenback in early trade

Ringgit sharply lower against greenback in early trade

KUALA LUMPUR: The ringgit opened sharply lower against the US dollar today ahead of the release of the US non-farm jobs data on Friday, a dealer said. At 9.03am, the ringgit was quoted at 4.0740/0790 against the greenback from 4.0510/0600 on Tuesday. The market was closed on Wednesday for the Merdeka Day celebration. The dealer […]

September 1, 2016 | By | Reply More