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China Automobile's delisting deferred

China Automobile's delisting deferred

KUALA LUMPUR: The delisting of China Automobile Parts Holdings Ltd has been deferred after the group reissued its audited financial statement for its financial year ended December 31, 2015. In a statement today, China Automobile said it had received a letter from Bursa Malaysia stating that the regulator had decided to defer the delisting procedures […]

January 17, 2018 | By | Reply More
Ekuinas sells 100pc stake in Tenby Education Group

Ekuinas sells 100pc stake in Tenby Education Group

By ZARINA ZAKARIAH zarinaz@mediaprima.com.my   KUALA LUMPUR: Ekuiti Nasional Bhd, the government-linked private equity fund management company, has sold its 100 per cent stake in Tenby Education Group to International Schools Partnership. This followed the disposal of its interest in APIIT Education Group recently. Ekuinas said the Tenby sale marked its eighth divestment which brings […]

January 17, 2018 | By | Reply More
Maybank Islamic introduces first rent-to-own homeownership plan 

Maybank Islamic introduces first rent-to-own homeownership plan 

By NST Business   KUALA LUMPUR: Consumers can now apply for Maybank Islamic Bhd’s HouzKEY, a home rent-to-own scheme, beginning January 15, 2018. At www.Maybank2own.com, the public can browse through a range of properties by 12 established developers which include EcoWorld Bhd, SP Setia, Mah Sing Properties, Sime Darby Property, Gamuda Properties, UEM Sunrise, Selangor Dredging Bhd, and […]

January 17, 2018 | By | Reply More
Research firms upbeat on TNB over RP2

Research firms upbeat on TNB over RP2

NST Business   KUALA LUMPUR: Tenaga Nasional Bhd remains Kenanga Research’s top pick in the power sector with a target price of RM17.17. The firm said a higher base tariff of 39.45 sen per kiloWatt hour (kWh) for 2018-2020 confirmed by the Energy Commission on Tuesday remains earnings neutral to TNB. “To our surprise, the […]

January 17, 2018 | By | Reply More
Labuan IBFC to unveil transformational plan

Labuan IBFC to unveil transformational plan

LABUAN: The Labuan International Business and Financial Centre’s (Labuan IBFC) Transformational Plan is designed to turn Labuan into a well-integrated regional economic hub to better serve the business, investment and intermediation needs of the region, including East the Malaysian and Asian markets. The Transformational Plan is part of a chapter in the Labuan Development Blueprint […]

January 17, 2018 | By | Reply More
Ringgit ends marginally higher versus greenback

Ringgit ends marginally higher versus greenback

KUALA LUMPUR: The ringgit broke out of its recent range-bound trading to close higher against the US dollar today on renewed buying interest, supported by the positive performance in crude oil prices. At 6pm, the local note finished at 3.9520/9560 against the greenback from 3.9540/9590 on Tuesday. A dealer said the ringgit bucked the trend […]

January 17, 2018 | By | Reply More
The rise and fall of Bitcoin

The rise and fall of Bitcoin

THE great Sir Isaac Newton may have revolutionised our knowledge of the world but he still had his blind spots. He was sucked into the great mania of his day, the South Sea Bubble (pictured) and lost a lot of money. “I can calculate the motion of heavenly bodies but not the madness of people” […]

January 17, 2018 | By | Reply More
Bursa Malaysia ends at intra-day high

Bursa Malaysia ends at intra-day high

KUALA LUMPUR: Last minute buying in heavyweight and finance counters lifted Bursa Malaysia to end at an intra-day high today, despite weaker sentiment in the regional markets, dealers said. At 5pm, the benchmark FTSE Bursa Malaysia KLCI finished at 1,828.63, up 2.60 points from yesterday’s close of 1,826.03. It opened 1.48 points lower at 1,824.55. […]

January 17, 2018 | By | Reply More
Bursa Malaysia approves the transfer of TRIplc's listing status

Bursa Malaysia approves the transfer of TRIplc's listing status

PETALING JAYA: TRIplc Bhd has received the approval of Bursa Malaysia Securities Bhd to transfer its listing status to Pimpinan Ehsan Bhd. The group said in a Bursa Malaysia filing that the stock market regulator has given the nod to Pimpinan Ehsan to assume TRIplc’s listing status and the listing of and quotation for the […]

January 17, 2018 | By | Reply More
AirAsia India has no plans to buy Air India stake

AirAsia India has no plans to buy Air India stake

AirAsia India is focusing on building itself and flying to international destinations from India, probably early next year, according to report. KUALA LUMPUR: AirAsia India does not plan to buy any stake in Air India. It wants to focus on building itself and flying international next year, according to its managing director and chief executive […]

January 17, 2018 | By | Reply More