Recent Articles

AirAsia X won’t buy “too expensive” Airbus A350

AirAsia X won’t buy “too expensive” Airbus A350

The A350-900 has a longer range but also comes with a higher list price of US$317.4 million, compared with the US$296.4 million price of the A330-900neo. The AirAsia group is one of Airbus’ largest customers, but AirAsia X has also been talking to Boeing Co about buying the rival 787-10 jet. (File pic) SINGAPORE: Malaysia’s […]

April 16, 2018 | By | Reply More
Foreign buying on Bursa last week tops RM300m

Foreign buying on Bursa last week tops RM300m

PETALING JAYA: The net amount acquired by foreign investors last week amounted to RM324.7 million, only the eighth time this year weekly foreign buying levels exceeded RM300 million. “International investors continued to make their way to accumulate stocks listed on Bursa last week albeit at a rather similar pace compared to the week before,” MIDF […]

April 16, 2018 | By | Reply More
Affin Bank bags JomPAY Top Acquirer Bank 2017 award

Affin Bank bags JomPAY Top Acquirer Bank 2017 award

KUALA LUMPUR: Affin Bank Bhd emerged as the JomPAY Top Acquirer Bank 2017 at the recently held Malaysian E-Payment Excellence Awards (MEAA) 2018.  AffinBank group chief executive officer Kamarul Ariffin Mohd Jamil said the award is a recognition of the bank’s journey so far.  “This proves our continuous support in driving e-payment with our valued […]

April 16, 2018 | By | Reply More
Ekuinas forays into electronic manufacturing services with purchase of Flexi Versa

Ekuinas forays into electronic manufacturing services with purchase of Flexi Versa

KUALA LUMPUR: Ekuiti Nasional Bhd (Ekuinas) today announced its foray into the electronic manufacturing services (EMS) industry after it acquired a controlling stake in a local and leading Southeast Asian turnkey and components manufacturer Flexi Versa Group Sdn Bhd (FVG) for RM330 million. FVG’s business commenced in 1994 whilst the investment holding vehicle was incorporated […]

April 16, 2018 | By | Reply More
Ekuinas ups stake in manufacturing

Ekuinas ups stake in manufacturing

KUALA LUMPUR: Ekuiti Nasional Bhd (Ekuinas) today announced its foray into the electronic manufacturing services (EMS) industry after it acquired a controlling stake in a local and leading Southeast Asian turnkey and components manufacturer Flexi Versa Group Sdn Bhd (FVG) for RM330 million. FVG’s business commenced in 1994 whilst the investment holding vehicle was incorporated […]

April 16, 2018 | By | Reply More
BDB signs up 9 anchor retailers for Axis Commercial Hub

BDB signs up 9 anchor retailers for Axis Commercial Hub

ALOR STAR: BDB Land Sdn Bhd, a wholly owned subsidiary of Bina Darulaman Bhd (BDB), inked a memorandum of understanding (MoU) with nine anchor retailers for its Axis Commercial Hub development located in the township development of Bandar Darulaman, Jitra today. BDB chairman Datuk Paduka Rasli Basir said The Axis Commercial Hub will provide the […]

April 16, 2018 | By | Reply More
Trump's renewed interest in TPP – a diversion tactic?

Trump's renewed interest in TPP – a diversion tactic?

PETALING JAYA: Economists say US President Donald Trump’s sudden interest in rejoining the rejuvenated Trans-Pacific Partnership (TPP) could be a move to divert attention from ongoing tensions with China and Russia and also an effort to rally the troops in its battle against China in trade. Last week, Trump (pix) broadcast his interest in joining […]

April 16, 2018 | By | Reply More
Bursa Malaysia opens up short selling to 'wider' group of investors

Bursa Malaysia opens up short selling to 'wider' group of investors

PETALING JAYA: Bursa Malaysia Bhd has opened up regulated short selling to a wider group of investors, it said, by implementing “a clear” framework to facilitate intraday short selling as part of its strategy to boost market liquidity. With that, investors will be able to sell securities prior to acquiring them, within the trading day […]

April 16, 2018 | By | Reply More
Rafidah resigns as Supermax chairman after MD's apology to PM

Rafidah resigns as Supermax chairman after MD's apology to PM

PETALING JAYA: Tan Sri Rafidah Aziz has resigned as Supermax Corp Bhd chairman after managing director Datuk Seri Stanley Thai, who is currently appealing against his five-year sentence for insider trading, issued an apology to the Prime Minister for his involvement in politics last Saturday. Rafidah, 74, who was appointed non-independent, non-executive chairman of Supermax […]

April 16, 2018 | By | Reply More
TM, TNB still in discussions on Nationwide Fiberisation Plan

TM, TNB still in discussions on Nationwide Fiberisation Plan

KUALA LUMPUR: Telekom Malaysia Bhd (TM) said it is still in discussions to finalise its collaboration with Tenaga Nasional Bhd (TNB) to establish a detailed joint proposal for the Nationwide Fiberisation Plan (NFP).    “All provisions contained in the Memorandum of Understanding (MoU)  shall remain in full force and effect,” it said in a statement […]

April 16, 2018 | By | Reply More