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Eco World International acquires prime site in Sydney to develop A$139m project

Eco World International acquires prime site in Sydney to develop A$139m project

PETALING JAYA: Eco World International Bhd (EWI) has entered into a call and put option agreement with the owners of 25 apartment units located at Macquarie Park, Sydney to acquire these units by way of a collective sale. In a statement today, the developer said it plans to develop an A$139 million (RM435 million) gross […]

November 24, 2017 | By | Reply More
Top Glove to acquire surgical gloves manufacturer

Top Glove to acquire surgical gloves manufacturer

PETALING JAYA: Top Glove Corp Bhd proposes to acquire Aspion Sdn Bhd, which will see it becoming the world’s largest surgical gloves manufacturer. The group told Bursa Malaysia that it had entered into a term sheet agreement with Adventa Capital Pte Ltd in relation to the acquisition. Both parties will negotiate exclusively with one another […]

November 24, 2017 | By | Reply More
AirAsia's Aireen sets the record straight on Bung Mokhtar's claims

AirAsia's Aireen sets the record straight on Bung Mokhtar's claims

PETALING JAYA: Air Asia Bhd CEO Aireen Omar has set the record straight on Member of Parliament for Kinabatangan Bung Mokhtar Radin’s claims that the airline had charged RM2,000 for a one-way flight from Kuala Lumpur to Sandakan, and invites him for a “constructive dialogue session”. Aireen said in a statement that an average one-way […]

November 24, 2017 | By | Reply More
October CPI rises 3.7%

October CPI rises 3.7%

PETALING JAYA: Malaysia’s consumer price index (CPI) expanded at a higher rate of 3.7% to 120 in October 2017 from 115.7 in the corresponding month of the preceding year, according to Department of Statistics. Among the major groups which recorded increases were the indices for transport (12.1%), food and non-alcoholic beverages (4.4%), restaurants and hotels […]

November 24, 2017 | By | Reply More
Ekovest shares slightly up on MD’s remarks

Ekovest shares slightly up on MD’s remarks

PETALING JAYA: Ekovest Bhd’s share price slightly up by 0.52% this morning, after its managing director Tan Sri Lim Keng Cheng said the group, which is currently evaluating a proposed merger with Iskandar Waterfront City Bhd (IWC), will only buy on the cheap. At 11.36am, the stock stood at 96.5 sen with 1.36 million shares […]

November 24, 2017 | By | Reply More
Tadmax shares fall on news of private placement exercise

Tadmax shares fall on news of private placement exercise

PETALING JAYA: Tadmax Resources Bhd’s share price fell 7.14% this morning, after the group announced that it is undertaking a private placement to raise up to RM35.52 million yesterday. At 11.04am, the stock stood at 32.5 sen with 1.18 million shares changing hands. It has a market capitalisation of RM188.3 million. The group told the […]

November 24, 2017 | By | Reply More
Bumi Armada share price falls despite net profit in Q3

Bumi Armada share price falls despite net profit in Q3

PETALING JAYA: Bumi Armada Bhd’s share price fell 2.55% this morning, despite posting a net profit of RM123.73 million in the third quarter ended Sept 30, 2017 from a net loss of RM96.71 million in the same period last year. At 11.05am, the stock stood at 76.5 sen with 5.6 million shares changing hands. The […]

November 24, 2017 | By | Reply More
Award-winning global education

Award-winning global education

HERIOT-WATT University received the inaugural title “International University of the Year” recently. The accolade was awarded by the Times and Sunday Times Good University Guide 2018, in recognition of its “#TrulyGlobal” presence referring to the university’s global outlook and its impact. EXPANSIVE OUTLOOK Heriot-Watt has a total of five global campuses located in the United […]

November 24, 2017 | By | Reply More
Ringgit opens easier versus US dollar

Ringgit opens easier versus US dollar

KUALA LUMPUR: The ringgit opened easier against the US dollar this morning as it entered a consolidation-mode after soaring over the past few days, a dealer said. At 9 am, the local unit was traded at 4.1180/1210 against the greenback from Thursday’s close of 4.1050/1100. OANDA Head of Trading Asia-Pacific Stephen Innes told Bernama that […]

November 24, 2017 | By | Reply More
Bursa M'sia opens lower on mild selling

Bursa M'sia opens lower on mild selling

KUALA LUMPUR: Bursa Malaysia opened lower today on mild selling activity but the near-term outlook remained positive, dealers said. At 9.05 am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was 2.08 points lower at 1,719.19 from Thursday’s close of 1,721.27. The index opened 1.22 points easier at 1,720.05. A dealer said the strengthening ringgit […]

November 24, 2017 | By | Reply More