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.

One of MSM's refining facilities.

Sweeter outlook for MSM

MSM Malaysia Holdings Bhd, the country’s largest refined sugar producer with a 60% market share, is now ready to venture into the international arena, beginning with upstream ventures in Indonesia and Myanmar.

O&G firms going ahead with spending and plans despite low oil prices

WITH the oil and gas (O&G) sector being one of the crucial sectors for the Malaysian economy and stock market, the downward spiral of oil prices in the last four months have left many jittery.

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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

1MDB’s accounts

AS of 5pm on Friday, the latest audited accounts for 1Malaysia Development Bhd (1MDB) were not available for purchase online from the website of the Companies Commission of Malaysia (CCM).

1 November 2014 | 12:00AM |

short position

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

Correction looms

REVIEW: As expected, Bursa Malaysia started out the new week on a solid platform, with the FBM Kuala Lumpur Composite Index (FBM KLCI) rising 2.96 points to 1,821.82 in early deals amid follow-through buying.

1 November 2014 | 12:00AM |

Markets

Early business dealings

LOW Teik Jho, or better known as Jho Low (pic), became a noticeable figure in the Malaysian corporate scene when investments from Abu Dhabi in the United Arab Emirates started to make their way to the local shores.

1 November 2014 | 12:00AM |

Low Taek Jho

Three crucial purchases you cannot afford not to make

You can perhaps go without that expensive winter edition bag, or those high-end shoes, or the sleek smartphone. Nothing is really going to happen if you do not own them. But, there are some important purchases in life, which you shouldn’t go without.

1 November 2014 | 9:15PM |

Economy

Maybank targets RM5b trade financing with myTrade2Cash

KUALA LUMPUR: Malayan Banking Bhd (Maybank) expects the myTrade2Cash, a centralised online trade financing service, to facilitate some RM5bil worth of trade financing to Malaysian-based SME exports in the next three years.

1 November 2014 | 8:44PM |

US probing Standard Chartered over Dubai banking

NEW YORK: US authorities are investigating London-based Standard Chartered Plc for potential US sanctions violations connected to its banking for Iranian-controlled entities in Dubai, according to people familiar with the probe.

1 November 2014 | 8:21PM |

Banking

Oil falls for fourth month, longest slump since 2008

NEW YORK: Oil's losing streak continued for the fourth consecutive month on Friday, with prices tumbling as another round of monetary stimulus from Japan pumped up the U.S. dollar and pounded a crude market already suffering from robust supply.

1 November 2014 | 8:09PM |

Banking

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

(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

Exports improving in line with global recovery

KUALA LUMPUR: Exports have generally been recovering in tandem with the pace of global economic recovery, according to International Trade and Industry Minister Datuk Seri Mustapa Mohamed.

1 November 2014 | 12:00AM |

miti

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