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

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

Chin Teck Q4 earnings up on higher sales of CPO

KUALA LUMPUR: Chin Teck Plantations Bhd posted net profit of RM11.2mil in the fourth quarter ended Aug 31, 2014 due to an improvement in the selling prices of crude palm oil and palm kernel and from its Indonesian operations.

31 October 2014 | 4:10PM |

Corporate News

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