Business

Top pic. Quality: Getting quality up to mark is important for Proton given the three new models it will launch next year.Left pic.Harith: ‘We have to do everything within our ability to be successful.

Proton’s fight for survival

National car company at its lowest ebb, looks to Suzuki for change in fortune

Cheah: ‘You cannot invest in China like you’re investing in the West. The policies are different here. I’m talking about it as someone who’s close to China.’

Still bullish on China

CHAIRMAN of Value Partners Group Ltd Datuk Cheah Cheng Hye saw the 20% correction in Chinese stocks coming. That’s before the Shanghai Stock Exchange Composite Index (SSE) peaked in mid-June, after surging 150% in a year.

Flying higher: Since 2013, SAM Engineering had transited from being a semiconductor-dominant business to one that now derives close to 70 of its revenues from the aerospace industry. It produces components for plane manufacturers such as Boing and Airbus.

Play it again, SAM

THE growth in dividends being paid out by Sam Engineering & Equipment (M) Bhd (SAM Engineering), one of the few component manufacturers for the airline industry, has attracted increasing interest by investors locally and abroad.

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TUN MAHATHIR _ PROTON

Doctor in the house

Proton Holdings Bhd chairman Tun Dr Mahathir Mohamad speaks candidly about the national automaker’s product quality and the direction ahead for the auto company.

4 July 2015 | 12:00AM |

Automotive

KETUA Pegawai Eksekutif Malaysia Airlines, Christoph Mueller bercakap pada sidang akhbar pengenalan terbaru MAS di Malaysian Airlines Building Southern Support Zone,KLIA di sini, hari ini.

Mueller unveils a flat MAS structure

PETALING JAYA: Malaysia Airlines Bhd unveiled a structure that is flat and having several new faces at the apex management team. Christoph Mueller, the current Malaysia Airlines (MAS) chief executive officer and CEO designate of the new airline has broken the operations of the loss-making airline into eight divisions.

3 July 2015 | 12:00AM |

Airlines

Cheah: ‘You cannot invest in China like you’re investing in the West. The policies are different here. I’m talking about it as someone who’s close to China.’

The art of investment

CHEAH places high importance on learning. He always seeks to reinvent himself by trying to master and learn new things. Having carved out a name for himself in the area of investment, Cheah shares some of his investment philosophies. He concedes that he does not know everything but have suggestions.

4 July 2015 | 12:00AM |

Datuk Cheah Cheng Hye

Trim and fit: CIMB’s move to cut down on regional investment baning teams and MSS are designed to bring down cost.

CIMB to see full recovery in quarter 4?

CIMB Holdings Group Bhd will need at least two more quarters before benefits from its T18 initiatives which emphasise on cost-cutting and key business areas, are reflected on its balance sheet.

4 July 2015 | 12:00AM |

CIMB

Fernandes bullish on AirAsia X, but CIMB downgrades airline

PETALING JAYA: While Tan Sri Tony Fernandes remains bullish about the prospects of his loss-making AirAsia X Bhd (AAX), one research house downgraded its rating on the long-haul, low-cost airline, giving it a target price of a mere 17 sen. CIMB Research said its downgrade rating from “hold” to “reduce” was on the back of a more challenging outlook and continuing drain on AAX’s cash.

3 July 2015 | 12:00AM |

Airlines

Malaysia’s exports decline on weaker global demand

KUALA LUMPUR: Malaysia’s exports in May declined by 6.7% to RM60.45bil compared with the corresponding month last year impacted by subdued global demand, according to the International Trade and Industry Ministry (Miti).

4 July 2015 | 12:00AM |

Miti

TUN MAHATHIR _ PROTON

Doctor in the house

Proton Holdings Bhd chairman Tun Dr Mahathir Mohamad speaks candidly about the national automaker’s product quality and the direction ahead for the auto company.

4 July 2015 | 12:00AM |

Automotive

Trim and fit: CIMB’s move to cut down on regional investment baning teams and MSS are designed to bring down cost.

CIMB to see full recovery in quarter 4?

CIMB Holdings Group Bhd will need at least two more quarters before benefits from its T18 initiatives which emphasise on cost-cutting and key business areas, are reflected on its balance sheet.

4 July 2015 | 12:00AM |

CIMB

The short position . . .

ONE of the key personalities in the corporate saga involving Lysaght Galvanized Steel Bhd has declared that there is no family tussle going on in the company.

4 July 2015 | 12:00AM |

Lysaght

HB Global shareholders flex their muscles

NEW developments appear to be taking place in China-based frozen food manufacturer HB Global Ltd, the Chinese company previously known as Sozo Global Ltd.

4 July 2015 | 12:00AM |

HB

SapKen in the race for Shell job

KUALA LUMPUR: SapuraKencana Petroleum and three other drillers are in the race for Shell’s Malikai deep-water development project, offshore Malaysia.

4 July 2015 | 12:00AM |

sapken

JAKS asks for trading suspension on Monday

KUALA LUMPUR: JAKS Resources Bhd, whose share price has risen over 17% over the last week, has requested for the trading of its shares to be suspended with effect from 9am on Monday, pending a material announcement.

4 July 2015 | 12:00AM |

jaks

MF3 expects RM150mil in sales from 3 events

KUALA LUMPUR: The Malaysian Furniture & Furnishing Fair (MF3) expects to generate more than RM150mil in total sales from the three furniture events it will be organising this year.

4 July 2015 | 12:00AM |

MF3

Sidek extends Petronas tenure

KUALA LUMPUR: Tan Sri Mohd Sidek Hassan will be continuing his tenure as non-executive chairman of Petroliam Nasional Bhd (Petronas) for three more years effective since Wednesday.

4 July 2015 | 12:00AM |

petronas

Wan Kamaruzaman: ‘We are, more or less, already in agreement. There are a few operational gaps that need to be rectified.’

RM100mil more for fund managers

KUALA LUMPUR: The Retirement Fund Inc (KWAP) plans to allocate RM100mil to be managed by a fund manager, in addition to the RM1.2 billion currently being managed by existing fund managers.

4 July 2015 | 12:00AM |

KWAP

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