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‘Bulk water supply rate cut to have impact on Gamuda’

‘Bulk water supply rate cut to have impact on Gamuda’

PETALING JAYA: PublicInvest Research views the cut in the bulk water supply rate in Pengurusan Air Selangor Sdn Bhd’s offer as a positive development as it confirms continuation for Gamuda Bhd in providing operation and maintenance services to the Sungai Selangor Water Treatment Plant Phase 3 (SSP3) and the recovery of RM400 million receivables owed […]

August 23, 2018 | By | Reply More
Bulk water supply rate cut seen having little impact on Gamuda

Bulk water supply rate cut seen having little impact on Gamuda

PETALING JAYA: PublicInvest Research views the cut in the bulk water supply rate in Pengurusan Air Selangor Sdn Bhd’s offer as a positive development as it confirms continuation for Gamuda Bhd in providing operation and maintenance services to the Sungai Selangor Water Treatment Plant Phase 3 (SSP3) and the recovery of RM400 million receivables owed […]

August 23, 2018 | By | Reply More
Sime Darby Plantation unit completes  purchase of Papua New Guinea coconut oil exporter

Sime Darby Plantation unit completes purchase of Papua New Guinea coconut oil exporter

KUALA LUMPUR: Sime Darby Plantation Bhd’s (SDP) wholly owned subsidiary New Britain Palm Oil Ltd (NBPOL) has completed the US$52.6 million (RM215.6 million) acquisition of Markham Farming Co Ltd (MFCL) from Markham Agro Pte Ltd (MAPL). In a filing with Bursa Malaysia, SDP said NBPOL has assumed the net debt of MFCL and MAPL of […]

August 23, 2018 | By | Reply More
Tropicana Corp’s Q2 earnings hit by higher expenses

Tropicana Corp’s Q2 earnings hit by higher expenses

PETALING JAYA: Tropicana Corp Bhd’s net profit for the second quarter ended June 30, 2018 fell 18.24% to RM38 million from RM46.48 million a year ago due to fixed general and administrative expenses. In a filing with Bursa Malaysia, the group said the expenses did not commensurate with the lower revenue while additional staff costs […]

August 23, 2018 | By | Reply More
‘Good VIBES and a Tune’

‘Good VIBES and a Tune’

A 20-YEAR-OLD college student drove home in a Mini Cooper after winning Tune Talk's “Win-a-Tune Talk MINI, MINEY, MOE” contest, launched in July 2017 and ended this June 30. Tay Yi Jing, a second-year student of the Faculty of Arts and Social Science, reading public relations at Universiti Tunku Abdul Rahman (UTAR), was named the […]

August 23, 2018 | By | Reply More
Save, invest and win

Save, invest and win

In its aim to empower Bumiputeras, Pelaburan Hartanah Berhad (PHB) and Maybank Asset Management Sdn Bhd (MAM) launched an Amanah Hartanah Bumiputera (AHB) prize draw called “Simpan, Labur dan Menang”. The “luck” draw will see customers standing to win AHB units of up to RM400,000 in total. PHB group managing director and CEO Datuk Kamalul […]

August 23, 2018 | By | Reply More
Ringgit ends lower against US dollar

Ringgit ends lower against US dollar

KUALA LUMPUR: The ringgit ended lower against the US dollar today on weaker demand for the local note over rising probability that the US Federal Reserve may raise interest rates next month. At 6pm, the local unit fell to 4.1030/1070 against the greenback from 4.0960/0990 on Tuesday’s close. FXTM Global Head of Currency Strategy & […]

August 23, 2018 | By | Reply More
Bursa Malaysia finishes at intra-day high

Bursa Malaysia finishes at intra-day high

KUALA LUMPUR: Bursa Malaysia settled at an intra-day high today, lifted by last-minute buying in selected heavyweights, particularly in trade and services, as well as, finance-related stocks, dealers said. At 5pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) finished 12.76 points firmer at 1,810.87 after trading as low as at 1,799.57 during the session. […]

August 23, 2018 | By | Reply More
Theme park Merdeka fun

Theme park Merdeka fun

IN conjunction with the nation’s 61st year of independence, Sunway Lagoon launches the “Proud To Be Malaysian” campaign that will run from Aug 17 to Sep 16. Visitors to the theme park can expect a large number of activities and attractions during this time. Alongside the unveiling of Infantino Fernandes’ latest metal sculptures of seven […]

August 23, 2018 | By | Reply More
Make Merdeka memorable Merdeka with Starbucks

Make Merdeka memorable Merdeka with Starbucks

MAKE this a Merdeka to remember with the 2018 Rico Rinaldi x Starbucks Designer collection. This is the brand’s first collaboration with Malaysian designer, Rico Rinaldi and exclusively designed merchandise is available only for a limited time. Designs draw inspiration from three Malaysian endangered animals that represent the elements of nature – the forest, sea […]

August 23, 2018 | By | Reply More