Business

icon video

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.

EPF Q2 investment income up nearly 10% to RM11.4b (Update)

KUALA LUMPUR: The Employees Provident Fund’s (EPF) investment income rose 9.73% to RM11.41bil in the second quarter ended June 30, 2015, with equities accounting for 61% of total income.

RHB Capital posts RM1bil earnings in first half of 2015 (Update)

KUALA LUMPUR: RHB Capital Bhd reported a set of credible earnings in the first half ended June 30, 2015 at RM1bil amid a challenging environment but expects its IGNITE 2017 Transformation Programme to gain traction and produce positive results.

  • previous
  • 1
  • 2
  • 3
  • next
  • Top Stories
  • Latest
Higher income: EPF headquarters in Kuala Lumpur. Malaysia’s largest pension fund manager says that on a cumulative basis, its investment income totalled RM22.04bil for the first six months of 2015.

EPF investment income up

Lifted by higher returns from across its portfolio of assets, the Employees Provident Fund (EPF) saw its investment income grow 9.73% to RM11.41bil for the second quarter ended June 30, 2015, from RM10.4bil in the corresponding period last year.

29 August 2015 | 12:00AM |

EPF

Auspicious moment: Quek (third from left) cutting the ribbon during the opening ceremony of Guoson Mall in Beijing in this file picture taken in 2011. The others are (from left) GuocoLand Ltd chairman Sat Pal Khattar, China’s Overseas Chinese Affairs Office director Li Haifeng, Dongcheng district party secretary Yang Liuyin and Guoco Group Ltd president and CEO Kwek Leng Hai

Quek’s great ‘escape’ from Beijing project

Last week, Guocoland Ltd, the property listed company of tycoon Tan Sri Quek Leng Chang disposed of its interest in an integrated property development project in Beijing for 10.5 billion yuan or RM6.8bil without realising the potential value of the asset.

29 August 2015 | 12:00AM |

quek desmond

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

IHH buys India's Global Hospitals for RM819m

KUALA LUMPUR/MUMBAI: Malaysia's IHH Healthcare Bhd, the world's second-biggest healthcare firm by market value, is buying a 73.4 percent stake in India-based Ravindranath GE Medical Associates Private Ltd for RM819mil (US$195mil).

28 August 2015 | 7:44PM |

Corporate News

High momentum: For Sime to remain key volume player in the oil palm business, it has to up its ante not only via the land bank expansion mode, but also juggled with the rising cost of production.

Plantations the mainstay of Sime

SIME Darby Bhd has built its reputation as one of the world’s largest listed palm oil conglomerates producing some 2.8 million tonnes of crude palm oil (CPO), which represents 5% of the world’s total production.

29 August 2015 | 12:00AM |

Sime Darby

High momentum: For Sime to remain key volume player in the oil palm business, it has to up its ante not only via the land bank expansion mode, but also juggled with the rising cost of production.

Plantations the mainstay of Sime

SIME Darby Bhd has built its reputation as one of the world’s largest listed palm oil conglomerates producing some 2.8 million tonnes of crude palm oil (CPO), which represents 5% of the world’s total production.

29 August 2015 | 12:00AM |

Sime Darby

Interview Andrew Stotz.
icon video

Stotz on global investments

Research analyst shares his view on how he looks at 7,500 firms across Asia and 22,000 in the world to screen for world-class companies.

29 August 2015 | 12:00AM |

Andrew Stotz

Auspicious moment: Quek (third from left) cutting the ribbon during the opening ceremony of Guoson Mall in Beijing in this file picture taken in 2011. The others are (from left) GuocoLand Ltd chairman Sat Pal Khattar, China’s Overseas Chinese Affairs Office director Li Haifeng, Dongcheng district party secretary Yang Liuyin and Guoco Group Ltd president and CEO Kwek Leng Hai

Quek’s great ‘escape’ from Beijing project

Last week, Guocoland Ltd, the property listed company of tycoon Tan Sri Quek Leng Chang disposed of its interest in an integrated property development project in Beijing for 10.5 billion yuan or RM6.8bil without realising the potential value of the asset.

29 August 2015 | 12:00AM |

quek desmond

Higher income: EPF headquarters in Kuala Lumpur. Malaysia’s largest pension fund manager says that on a cumulative basis, its investment income totalled RM22.04bil for the first six months of 2015.

EPF investment income up

Lifted by higher returns from across its portfolio of assets, the Employees Provident Fund (EPF) saw its investment income grow 9.73% to RM11.41bil for the second quarter ended June 30, 2015, from RM10.4bil in the corresponding period last year.

29 August 2015 | 12:00AM |

EPF

IHH to buy 73% stake in India hospital chain

PETALING JAYA: IHH Healthcare Bhd will be taking up a 73.4% stake in an India-based private hospital chain for 12.84 billion rupees (RM819mil) to expand its operations in the world’s second-most populous country.

29 August 2015 | 12:00AM |

IHH

Private and confidential: Company directors should always be very mindful of who are present at their AGMs, as serious business discussions do take place.

AGM gatecrashers

A company’s AGM, is a routine yet important event for all shareholders. A statute such as Malaysia’s Companies Act provides that the company must hold an AGM every calendar year, and not more than 15 months after the last such meeting, whichever is earlier.

29 August 2015 | 12:00AM |

Shireen

Respite for bond market

But selling pressure expected to continue amid internal and external uncertainties.

29 August 2015 | 12:00AM |

bond

Biz news in brief

Early this week, a new fund was launched to boost public housing. This is the setting up of the National Public Housing Management Corporation (3PAN), which has been given an annual allocation of RM140mil. According to reports, 3PAN would take over the management and maintenance of low-cost and affordable homes built by the government and private sector.

29 August 2015 | 12:00AM |

short position

Olam has the last laugh in fight against short sellers

JAPAN’S Mitsubishi Corporation will take up a 20% stake in Singapore’s Olam International Ltd, an agri-business operator for S$1.53bil (RM4.6bil) or S$2.75 per share, making it the second-largest shareholder in the firm after the city-state’s sovereign wealth fund Temasek Holdings.

29 August 2015 | 12:00AM |

olam

  • Page 1 of 34

Go to page:

 

advertisement

GST Updates

advertisement

advertisement