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Cautious approach

KUALA LUMPUR: Malayan Banking Bhd (Maybank), the country’s biggest banking group by assets, is adopting a cautious approach in its second half and has revised down its loans growth for this year.

AirAsia X finds fictitious services

PETALING JAYA: Long-haul budget airline AirAsia X Bhd has discovered payments for fictitious services that adds up to RM7mil.

New outlet: KPJ Specialist Centre in Klang. The company says the higher income is mainly due to the increase in revenue of the existing and newly opened hospitals.

Higher net profit for KPJ Healthcare

PETALING JAYA: Lifted by higher revenue and contribution from the hospitals, KPJ Healthcare Bhd’s net profit rose 6.7% to RM36mil in the second quarter ended June 30, from RM33.7mil a year ago.

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Going big on shrimps

PETALING JAYA: QL Resources Bhd is spending RM150mil in capital expenditure (capex) in these two years, and a big bulk of it is being used to grow its shrimp farming business.

28 August 2015 | 12:00AM |

ql resources

PNB declares 6.40 sen dividend for ASW 2020

KUALA LUMPUR: Amanah Saham Nasional Bhd, a wholly-owned subsidiary of Permodalan Nasional Bhd (PNB), announced a 6.40 sen dividend for a unit of the Amanah Saham Wawasan 2020 (ASW 2020) for the financial year ending Aug 31, 2015.

27 August 2015 | 2:51PM |

Business

KLCI advances nearly 13pts, AirAsia flies higher

KUALA LUMPUR: Key Asian markets and Bursa Malaysia chalked up solid gains on Friday, buoyed by the firmer overnight close on Wall Street, while the FBM KLCI extended its recovery for the fourth trading day and added nearly 13 points.

28 August 2015 | 10:34AM |

Markets

RHB Capital Q2 earnings at RM524.6m (Update)

KUALA LUMPUR: RHB Capital Bhd’s earnings fell 5.7% to RM524.59mil in the second quarter ended June 30, 2015 from RM556.51mil a year ago on higher interest expense and the absence of impairment losses written back on other assets.

28 August 2015 | 1:59PM |

Banking

Banks lead KLCI rebound past key 1,600

KUALA LUMPUR: Banks, Maxis and Tenaga powered the FBM KLCI past the key 1,600 level on Thursday, entrenching the index’s third straight days of gains as investor sentiment perked in tandem with key Asian markets.

27 August 2015 | 6:25PM |

Forex

RHB Capital Q2 earnings at RM524.6m (Update)

KUALA LUMPUR: RHB Capital Bhd’s earnings fell 5.7% to RM524.59mil in the second quarter ended June 30, 2015 from RM556.51mil a year ago on higher interest expense and the absence of impairment losses written back on other assets.

28 August 2015 | 1:59PM |

Banking

KLCI advances nearly 13pts, AirAsia flies higher

KUALA LUMPUR: Key Asian markets and Bursa Malaysia chalked up solid gains on Friday, buoyed by the firmer overnight close on Wall Street, while the FBM KLCI extended its recovery for the fourth trading day and added nearly 13 points.

28 August 2015 | 10:34AM |

Markets

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