Business

1MDB addresses wide-ranging criticisms levelled at lt

PETALING JAYA: 1Malaysia Development Bhd (1MDB), which has come under fire from various quarters for a wide range of issues from buying assets at inflated prices to paying high fees in its issuance of debt papers, has defended its decisions.

Citroen Asean area manager Aswi Bujang (left) and Samson with the Citroen Grand C4 Picasso.

Naza opens 6th Citroen outlet

PUCHONG: Naza Euro Motors Sdn Bhd, the official distributor of the French brand Citroen, has expanded its network with the addition of Citroen Puchong, which now brings the total number of outlets nationwide to six.

Tey Por Yee

Tey seeks to remove Chong from Protasco

PETALING JAYA: Protasco Bhd’s non-executive director Tey Por Yee (pic) wants to remove managing director Datuk Seri Chong Ket Pen as a director of Protasco and is calling for an EGM for this purpose.

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Tenaga, DiGi power up KLCI

KUALA LUMPUR: The FBM KLCI surged almost 13 points on Friday's close, powered by local fund buying of Tenaga Nasional and DiGi, in tandem with the Japan stocks rally and the month-end closing.

31 October 2014 | 5:23PM |

Markets

Challenges addressed

KEY industry players and major government agencies in the creative content sector came together to discuss issues and challenges in a forum organised earlier this week by the National Film Development Corp Malaysia (Finas) and the Communication and Multimedia Ministry.

1 November 2014 | 12:00AM |

Business

New shareholder to emerge in Masterskill

MASTERSKILL Education Group Bhd (MEGB) is on the radar of a group of investors keen to buy out the company, including major shareholder Siva Kumar’s 32.88% stake, sources say.

1 November 2014 | 12:00AM |

MEGB

(From left) Miss Malaysia 2009 Thanuja Ananthan, Deejay and model Patricia K; Chiu; blogger Joyce Wong and Miss Malaysia 2013 Carey Ng wearing dresses from Rent A Dress at the company’s launch in July.

Dress to impress for less

Dressing up for special occasions can be fun, but if it takes place too often you’re likely to find that you’ve either worn all the outfits in your closet or have begun rewearing them.

1 November 2014 | 12:00AM |

Business

Global search for Battersea retail space

LONDON: In what must be the most promoted Malaysia/UK property marketing campaign ever, the latest phase of the Battersea Power Station was launched, and with it, the search for tenants for its 3.5 million sq ft of commercial retail space.

1 November 2014 | 12:00AM |

jag

EPF makes appeal to vote in merger plan

PETALING JAYA: The Employees Provident Fund (EPF) has made an appeal to Bursa Securities to enable it to vote on the merger of CIMB Group Holdings Bhd, RHB Capital Bhd (RHB Cap) and Malaysia Building Society Bhd (MBSB).

1 November 2014 | 12:00AM |

RHB MBSB and CIMB

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