Business

UEM Sunrise: Rising up to the challenge

CEO Anwar Syahrin Abdul Ajib is with UEM Sunrise Bhd for less than a year and has a big job ahead.

A man for all seasons

From this week, StarBizWeek will be starting a new feature looking at key corporate personalities who have made the news. We kick off with Chan Guan Seng, a founding member and executive chairman of Apex Equity who announced this week his intention to sell his stake in the brokerage for the right price.

Goh: ‘There are lot more fun ideas out there in the market and we think we can leverage on those brands.’
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How far can Karex stretch?

Analysts say M&A activity can be a catalyst for the condom maker

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Attractive yield: The group is expected to increase its local total installed capacity by 18.7 with the commencement of its 1,000MW coal-fired power plant by March next year.

Malakoff's dividend play

In times when there is volatility, risk averse investors try to look for avenues to get better returns for their investments. In trying to meet their objectives, we are starting a Stock to Watch column. The stock featured is an idea for long-term investors. We start with Malakoff Corp Bhd...

1 August 2015 | 12:00AM |

Malakoff

Tackling corruption China style

CHINA was notorious for its corrupt officials. But since 2012, when President Xi Jinping embarked on an anti-graft campaign to eradicate the country of corrupt leaders, the results have been gratifying.

1 August 2015 | 12:00AM |

China

Eye on stocks: Ancom Bhd

ANCOM Bhd shares pulled back from a near five-year highs of 72.5 sen on July 22, last year to a low of 38.5 sen on Dec 16 on correction owing to an apparent profit taking.

1 August 2015 | 12:00AM |

Eye on stock

Bleak oil price

ROYAL Dutch Shell, which reported a 37% drop in its second-quarter profits, has said that it is cutting 6,500 jobs as it prepares for a “prolonged downturn” in crude prices.

1 August 2015 | 12:00AM |

Short Position

Shareholding change at Apex imminent?

APEX Equity Holdings Bhd has been once again cast in the limelight as its share price soared this week amid an overall weak broader market.

1 August 2015 | 12:00AM |

apex

Attractive yield: The group is expected to increase its local total installed capacity by 18.7 with the commencement of its 1,000MW coal-fired power plant by March next year.

Malakoff's dividend play

In times when there is volatility, risk averse investors try to look for avenues to get better returns for their investments. In trying to meet their objectives, we are starting a Stock to Watch column. The stock featured is an idea for long-term investors. We start with Malakoff Corp Bhd...

1 August 2015 | 12:00AM |

Malakoff

Alliance Financial Group Bhd CEO Joel Kornreich

AFG upbeat about improving financial performance

THE challenging operating environment in the banking sector will not dampen Alliance Financial Group Bhd’s (AFG) pursuit to put the banking group on a stronger financial footing.

1 August 2015 | 12:00AM |

AFG

Tradewinds buys land for RM258mil cash

KUALA LUMPUR: Tradewinds Corp Bhd, a diversified conglomerate with key interests in hospitality and property development, has acquired 12.2 acres for RM258mil cash, kick-starting the company’s first mixed development project in the country.

1 August 2015 | 12:00AM |

tradewinds

REDtone’s pre-tax profit up at RM14.5mil

KUALA LUMPUR: REDtone International Bhd’s pre-tax profit was up by RM2.11mil to RM14.48mil for the financial year ended May 31, 2015 from RM12.37mil registered in the previous financial year.

1 August 2015 | 12:00AM |

Redtone

KAF-Seagroatt & Campbell incurs net loss in Q4

KUALA LUMPUR: KAF-Seagroatt & Campbell Bhd, which is being taken over by KAF Investment Bank Bhd (KAFIB), posted net losses of RM797,000 in the fourth quarter (Q4) ended May 31, 2015.

1 August 2015 | 12:00AM |

KAF

Broad money growth moderates

KUALA LUMPUR: Broad money growth increased to 6% in June, driven mainly by the extension of credit to the private sector by the banking system, said Bank Negara.

1 August 2015 | 12:00AM |

broad money

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