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Serba Dinamik shares up after buying stake in hydro project operator

Serba Dinamik shares up after buying stake in hydro project operator

PETALING JAYA: Serba Dinamik Holdings Bhd’s shares up half a sen or 1.22% this morning, after it acquired a 49% stake in OHP Ventures Incorporated for US$800,000 (RM3.33 million) cash. At 11.42am, the stock stood at RM4.15 with 724,000 shares changing hands. Its market capitalisation stood at RM6.08 billion. The group said its wholly owned […]

October 17, 2018 | By | Reply More
Barakah Offshore shares fall after obtaining court order to stave off creditors

Barakah Offshore shares fall after obtaining court order to stave off creditors

PETALING JAYA: Barakah Offshore Petroleum Bhd’s share price fell 2 sen or 16% this morning, after it obtained orders by the High Court of Malaya restraining all proceedings and actions brought against the group and its wholly owned subsidiary PBJV Group Sdn Bhd. At 11.17am, the second most active stock stood at 10.5 sen with […]

October 17, 2018 | By | Reply More
Fujifilm wins appeal in battle with Xerox over scrapped merger

Fujifilm wins appeal in battle with Xerox over scrapped merger

Fujifilm says the original planned merger remains the best option for the shareholders of both companies. (AFP pic) TOKYO: Fujifilm Holdings Corp has won an appeal in its legal battle with Xerox Corp, with a US court overturning preliminary injunctions requested by activist investors that had blocked a planner merger. Xerox in May scrapped a […]

October 17, 2018 | By | Reply More
Loyalty pays

Loyalty pays

Loyalty is everything, especially with retailers; the reason why A.S. Watson Group, an international health and beauty megacorp, is rolling out new VIP loyalty programmes across the world. Its aim: to enhance customer engagement and interaction. The new VIP programmes will be accessible across the Group’s 24 markets by early 2019, reaching out to its […]

October 17, 2018 | By | Reply More
Bursa opens higher on Wall Street rebound

Bursa opens higher on Wall Street rebound

KUALA LUMPUR: Bursa Malaysia opened higher today, lifted by the overnight rebound on Wall Street, dealers said. At 9.15am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was 3.01 points higher at 1,739.85 from 1,736.84 on Tuesday. The index opened 4.69 points stronger at 1,741.53. A dealer said Wall Street’s S&P 500, Nasdaq Composite and […]

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Slurp your way to ‘big league’ prizes at 7-Eleven

Slurp your way to ‘big league’ prizes at 7-Eleven

AN undeniable household name that has and is possibly part of many Malaysian lives – the 7-Eleven Slurpee has more than just survived through the years. Recall your first “brain freeze” due to slurping down a Slurpee? Ritualistically introducing flavours each year, the latest by 7-Eleven Malaysia is, you could say “big league”, as the […]

October 17, 2018 | By | Reply More
Ringgit opens higher amid stronger oil prices

Ringgit opens higher amid stronger oil prices

KUALA LUMPUR: The ringgit was higher against the greenback in early trade today as demand for the local note improved on the back of stronger global oil prices. At 9.21am, the local unit stood at 4.1490/1530 against the US dollar from 4.1515/1555 recorded yesterday. A dealer said higher global oil prices helped lift market sentiment […]

October 17, 2018 | By | Reply More
Wall Street rebound lifts Bursa Malaysia at opening

Wall Street rebound lifts Bursa Malaysia at opening

KUALA LUMPUR: Bursa Malaysia opened higher today, lifted by the overnight rebound on Wall Street, dealers said. At 9.15 am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was 3.01 points higher at 1,739.85 from 1,736.84 on Tuesday. The index opened 4.69 points stronger at 1,741.53. A dealer said Wall Street’s S&P 500, Nasdaq Composite […]

October 17, 2018 | By | Reply More
Ringgit higher against US dollar in early trade

Ringgit higher against US dollar in early trade

KUALA LUMPUR: The ringgit was higher against the greenback in early trade today as demand for the local note improved on the back of stronger global oil prices. At 9.21 am, the local unit stood at 4.1490/1530 against the US dollar from 4.1515/1555 recorded yesterday. A dealer said higher global oil prices helped lift market […]

October 17, 2018 | By | Reply More
Uber valued at US$120 billion in an IPO? Maybe

Uber valued at US$120 billion in an IPO? Maybe

Pedestrians walk past the Uber Technologies Inc headquarters building in San Francisco. (Bloomberg pic) SAN FRANCISCO: Uber Technologies Inc has been told by banks that it could be a US$120 billion (RM498 billion) company when it goes public. Investors will be the ones who decide, though. That eye-popping valuation was sketched out to the company […]

October 17, 2018 | By | Reply More