Business

Low oil prices fuel demand for mergers and acquisitions in oil and gas sector

PETALING JAYA: Lower oil prices are stoking demand for mergers and acquisitions (M&As) in the oil and gas (O&G) industry even as investors shy away from this once high-flying sector.

Masjid Jamek stands proudly at the confluence of Sungai Klang and Sungai Gombak. Its surrounding boasting heritage significance will be turned into heritage trails as part of the River of Life project, which involves 42 different agencies across a gamut of activities. Pemandu works with all of them to coordinate and provide support so targets are met.

Going beyond pretty pictures

EVERY once in a while, voices emerge out of the woodwork to raise scepticism on Pemandu’s role and relevance. The last few weeks were no different. I would group the grumblings into these buckets:

Tips on how to plan and invest your money wisely

LOTS of people shy away from financial planning because they think they may be pressured into investing. And when you think investing, what comes to mind are horror stories of people who lost their life savings during the Asian financial crisis and Dot Com Bubble.

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Frontken Corp Q3 earnings surge past RM5m

KUALA LUMPUR: Frontken Corporation Bhd earnings soared 235% to RM5.26mil in third quarter ended Sept 30, 2014 from RM1.56mil a year ago, boosted by the ramp-up in its semiconductor business in Taiwan and Malaysia.

24 November 2014 | 3:07PM |

Corporate News

IOI City Mall Sdn Bhd marketing and leasing head Chris Chong.

Plans to expand IOI City Mall in Putrajaya

PUTRAJAYA: IOI Properties Group Bhd said plans are already in the pipeline to add a further 1 million sq ft of retail space at IOI City Mall in Putrajaya as occupancy rate at the newly-opened complex reached 85%.

24 November 2014 | 12:00AM |

Property

Potential buyers looking at a scale model of the Lakeville project in Kuala Lumpur.

Mah Sing sales to hit record high

PETALING JAYA: Mah Sing Group Bhd’s sales are expected to hit new high in the last three months of the year from the record RM900mil achieved in the third quarter, buoyed by strong take-up rate of its Lakeville project in Kuala Lumpur.

24 November 2014 | 12:00AM |

Property

Public Mutual to launch two Islamic funds

KUALA LUMPUR: Public Mutual will launch two Islamic funds, Public Ehsan Mixed Asset Growth Fund (PESMAGF) and Public Ehsan Mixed Asset Conservative Fund (PESMACF) on Tuesday.

24 November 2014 | 2:35PM |

Investing

Frontken Corp Q3 earnings surge past RM5m

KUALA LUMPUR: Frontken Corporation Bhd earnings soared 235% to RM5.26mil in third quarter ended Sept 30, 2014 from RM1.56mil a year ago, boosted by the ramp-up in its semiconductor business in Taiwan and Malaysia.

24 November 2014 | 3:07PM |

Corporate News

Public Mutual to launch two Islamic funds

KUALA LUMPUR: Public Mutual will launch two Islamic funds, Public Ehsan Mixed Asset Growth Fund (PESMAGF) and Public Ehsan Mixed Asset Conservative Fund (PESMACF) on Tuesday.

24 November 2014 | 2:35PM |

Investing

TDM Q3 earnings down 39% to RM7.6m

KUALA LUMPUR: TDM Bhd’s earnings fell 39.4% to RM7.60mil in the third quarter ended Sept 30, 2014 as profit was impacted by a decline in its plantations unit, from RM12.55mil a year ago.

24 November 2014 | 1:07PM |

Corporate News

Tenaga energises KLCI's rebound, up nearly 20 points midday

KUALA LUMPUR: The FBM KLCI jumped nearly 20 points at midday on Monday supported by key heavyweights including Tenaga, SapuraKencana Petroleum and DiGi as investor sentiment improved following China's rate cut.

24 November 2014 | 12:46PM |

Turkiye Finans gets nod for 71 mln lira sukuk

Turkish Islamic lender Turkiye Finans has received regulatory approval to raise 71 million lira ($31.5 million) via sukuk, or Islamic bonds, according to Turkey's Capital Markets Board.

24 November 2014 | 11:13AM |

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