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Tan resigns as Transocean executive director

Tan resigns as Transocean executive director

PETALING JAYA: Transocean Holdings Bhd executive director Tan Swee Hock has voluntary resigned from his post effective yesterday after being charged by the Securities Commission Malaysia (SC) for insider trading. In a stock exchange filing yesterday, the integrated freight, forwarding, and customs clearance company said highlighted to shareholders that Tan was charged at the Kuala […]

December 9, 2015 | By | Reply More
SP Setia inks RM1.07 billion syndicated financing facilities deal

SP Setia inks RM1.07 billion syndicated financing facilities deal

PETALING JAYA: SP Setia Bhd has inked a RM1.07 billion syndicated financing facilities agreement with CIMB Investment Bank Bhd, Malayan Banking Bhd, AmInvestment Bank Bhd, Industrial and Commercial Bank of China (Malaysia) Bhd for a land swap development transaction under the government’s public private partnership programme. SP Setia, which entered into the agreement through its […]

December 9, 2015 | By | Reply More
Ringgit closes lower against US dollar

Ringgit closes lower against US dollar

KUALA LUMPUR: The ringgit closed lower against the US dollar today in thin trading, on concerns over the sustained global oil glut, a dealer said. At 5pm, the ringgit was quoted at 4.2700/2750 against the greenback from Tuesday’s close of 4.2550/2600. The dealer said softer crude oil prices will keep the currencies of oil-producing nations […]

December 9, 2015 | By | Reply More
Bursa ends lower in cautious trading

Bursa ends lower in cautious trading

KUALA LUMPUR: The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) ended lower today in cautious trading in tandem with most regional bourses amid concerns over low crude oil prices. At 5pm, the index closed at its intra-day low of 1,659.36, down 9.88 points after hovering between 1,668.46 and 1,659.36 throughout the trading session. Dealers said […]

December 9, 2015 | By | Reply More
World of experiences

World of experiences

KIDZANIA Kuala Lumpur is proud to present the latest addition to its community … its very own U Mobile store! The dynamic and innovative mobile operator is the first of its kind in KidZania and serves to educate both KidZanian parents and children on responsible and healthy phone habits, while also exposing children to skills […]

December 9, 2015 | By | Reply More
Ringgit flat versus greenback in early trade

Ringgit flat versus greenback in early trade

KUALA LUMPUR: The ringgit opened almost unchanged against the greenback today, as traders remained on the sidelines. At 9.06am, the local unit was quoted at 4.2550/2590 against the dollar from 4.2550/2600 at yesterday’s close. A dealer said players remained on the sidelines as the possibility of a US interest rate hike drew closer with the […]

December 9, 2015 | By | Reply More
KL shares open lower

KL shares open lower

KUALA LUMPUR: Shares on Bursa Malaysia opened lower today in cautious trading and lack of buying interest, while tracking regional peers. At 9.10am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) fell 5.13 points to 1,664.11, after opening 2.05 points weaker at 1,667.19. Market breadth was slightly negative as losers led gainers 113 to 103, […]

December 9, 2015 | By | Reply More
Ringgit flat versus greenback in early trade

Ringgit flat versus greenback in early trade

KUALA LUMPUR: The ringgit opened almost unchanged against the greenback today, as traders remained on the sidelines. At 9.06am, the local unit was quoted at 4.2550/2590 against the dollar from 4.2550/2600 at yesterday’s close. A dealer said players remained on the sidelines as the possibility of a US interest rate hike drew closer with the […]

December 9, 2015 | By | Reply More
JB rail project still at crossroads: KUB

JB rail project still at crossroads: KUB

KUALA LUMPUR: KUB Malaysia Bhd is still awaiting approval from the authorities for the proposed RM1.23 billion inter-city rail transit system project in Johor Baru that it plans to undertake with Malaysia Steel Works (KL) Bhd (Masteel). “Masteel is taking a lead role in this. We have yet to make any headway with regard to […]

December 8, 2015 | By | Reply More
Barakah Offshore wins deal to repair, maintain gas pipeline

Barakah Offshore wins deal to repair, maintain gas pipeline

PETALING JAYA: Barakah Offshore Petroleum Bhd has won a repair and maintenance job for the Sabah-Sarawak Gas Pipeline from Petronas Gas Bhd. Barakah Offshore told Bursa Malaysia the value of the contract will depend on the number of work programmes to be carried out during the two-year contract, based on specified unit rates. The contract […]

December 8, 2015 | By | Reply More