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Hematogenix to invest US$15m in cancer research

Hematogenix to invest US$15m in cancer research

PUTRAJAYA: American medical researcher Hematogenix Laboratory Services plans to invest US$15 million to set up a central laboratory on oncology in Malaysia. President and chief executive officer Dr Hytham Al-Masri said the company is looking at an initial investment of US$15 million to set up a central laboratory on oncology, most probably in Cyberjaya. “We […]

April 20, 2018 | By | Reply More
Glomac may miss FY18 sales target

Glomac may miss FY18 sales target

PETALING JAYA: Glomac Bhd is facing another challenging year and may miss its property sales target for financial year ending April 30, 2018 (FY18), said Maybank IB Research. The research house said that Glomac’s earnings and sales outlook remain challenging with Glo Damansara Mall dragging its earnings and weak property buying sentiment ahead of the […]

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CIMB Thai Q1 profit up 39.3pct to 168.9m baht

CIMB Thai Q1 profit up 39.3pct to 168.9m baht

KUALA LUMPUR: CIMB Thai Bank PCL, a 94.11 per cent-owned subsidiary of CIMB Group Holdings Bhd, recorded a 39.3 per cent year-on-year increase in consolidated net profit to 168.9 million baht (RM1=8.03 baht) for the first quarter ended March 31, 2018. In a statement today, it said, the improvement was mainly attributed to an 8.1 […]

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Top Glove proposes 1-for-1 bonus issue

Top Glove proposes 1-for-1 bonus issue

KUALA LUMPUR: Top Glove Corp Bhd has proposed to undertake a one-for-one bonus issue at an entitlement date to be determined later. In a statement here, the rubber glove manufacturer said, the exercise would see up to 1.28 billion bonus shares issued to the shareholders, whose names appeared in its record of depositors on the […]

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The All-New BMW X3

The All-New BMW X3

BMW Group Malaysia introduces the All-New BMW X3. Locally assembled for the first time in the country, BMW Group Malaysia demonstrates commitment to growing its investments in Malaysia, a move that further emphasises Malaysia as the hub for the BMW Group in South East Asia. Harald Hoelzl, Managing Director and CEO of BMW Group Malaysia […]

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Applications open for Asia-Pacific FinTech Innovation Lab 2018

Applications open for Asia-Pacific FinTech Innovation Lab 2018

KUALA LUMPUR: Applications have opened for Accenture’s annual FinTech Innovation Lab Asia-Pacific, a 12-week programme that helps early- and growth-stage fintech companies accelerate product and business development by gaining exposure to top financial institution executives. In a statement, Accenture said applications can be made at http://www.fintechinnovationlab.com/asia-pacific/ through May 11. Accenture’s Lab marks its fifth year […]

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Bank Negara's international reserves up 2.04% to US$110b as at April 13

Bank Negara's international reserves up 2.04% to US$110b as at April 13

PETALING JAYA: Bank Negara Malaysia’s international reserves increased 2.04% to US$110 billion as at April 13, 2018 compared with US$107.8 billion as at March 30, 2018. The central bank said in a statement that the reserves position is sufficient to finance 7.7 months of retained imports and is 1.1 times the short-term external debt.

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Banyan Tree Hotels & Resorts to open in Malaysia

Banyan Tree Hotels & Resorts to open in Malaysia

Opening its doors on 15 June 2018, the world-renowned Banyan Tree Hotels & Resorts open its first property in Malaysia. The Banyan Tree Kuala Lumpur is set amidst the heart of Kuala Lumpur’s Golden Triangle. Located on the top seven floors of Banyan Tree Signatures Pavilion Kuala Lumpur building, Banyan Tree Kuala Lumpur will feature […]

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Yinson,Sumitomo to jointly pursue business in FPSO and FSO

Yinson,Sumitomo to jointly pursue business in FPSO and FSO

PETALING JAYA: Yinson Holdings Bhd is collaborating with Sumitomo Corp to jointly venture into the business of leasing and operation of floating production storage and offloading (FPSO) and floating storage and offloading (FSO) projects worldwide. Yinson said in a bourse filing that it had entered into a memorandum of understanding (MoU) with Sumitomo, which will […]

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Top Glove proposes one-for-one bonus issue

Top Glove proposes one-for-one bonus issue

PETALING JAYA: Top Glove Corp Bhd has proposed to undertake a bonus issue on the basis of one bonus share for every one existing share held by shareholders, at an entitlement date to be determined later. The group said in a statement that the exercise will see up to 1.28 billion bonus shares issued to […]

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