Business News

More Business News

  • Filter by

Crest Builder sees nearly 36% stake crossed off market

27 March 2015

KUALA LUMPUR: Crest Builder Holdings Bhd’s 58.97 million shares were transacted in an off-market deal at an average RM1.18 each on Friday.

Berjaya Corp raising stake in REDtone? (Update)

27 March 2015

KUALA LUMPUR: Berjaya Corporation Bhd, which owns 28.29% of REDtone International Bhd is believed to be undertaking a major corporate exercise involving the latter.

Hong Leong Islamic Bank appointed GST collection bank

27 March 2015

KUALA LUMPUR: Hong Leong Islamic Bank Bhd has been appointed as one of the Goods and Services Tax (GST) collection banks as the GST takes effect from April 1.

REDtone suspended for major corporate exercise

27 March 2015

KUALA LUMPUR: REDtone International Bhd’s shares were suspended from traded on Friday from 2pm to 5pm for a major corporate exercise.

Amazon in talks to buy online luxury retailer Net-a-Porter: Forbes

27 March 2015

Amazon.com is in talks to buy online luxury retailer Net-a-porter in what could be the biggest acquisition yet for the e-commerce giant, but the negotiations are in early stages and could fall apart, Forbes reported, citing a person familiar with the matter.

Econpile on AmResearch's Buy list

27 March 2015

KUALA LUMPUR: AmResearch is maintaining a “Buy” call on Econpile Holdings Bhd with an unchanged target price of RM1.40 per share based on 15 times price-to-earnings ratio of financial year 2015 forecast (FY15F).

AmResearch retains Buy on Gamuda

27 March 2015

KUALA LUMPUR: AmResearch is maintaining a Buy call on Gamuda Bhd with an unchanged target price of RM5.80 per share.

Uninspiring day at Bursa Malaysia

27 March 2015

KUALA LUMPUR: Blue chips ended Friday morning slightly lower in lacklustre trade after the crude oil prices retreated and the ringgit weakened against the US dollar while investors decided to stay mostly on the sidelines.

US questions China at WTO on banking technology restrictions

27 March 2015

The United States is concerned about China's restrictions on the use of foreign information technology equipment by the banking sector, according to a filing published by the World Trade Organisation.

Oil prices ease as market downplays supply threat from Yemen

27 March 2015

SINGAPORE: Oil prices fell over a percentage point on Friday as traders estimated that the threat of a disruption to world crude supplies from Saudi Arabia-led air strikes in Yemen was low.

Weak start on Bursa as PetDag, UMW slip

27 March 2015

KUALA LUMPUR: Blue chips got off to a weak start on Friday after the lacklustre overnight close on Wall Street, with Petronas Dagangan and UMW weighing on the FBM KLCI.

Asian markets edge higher after upbeat US data

27 March 2015

TOKYO: Asian stocks crawled higher on Friday as upbeat U.S. economic data helped revive some risk appetite lost following air strikes on Houthi militants in Yemen, while the dollar rebounded.

Trading ideas: Econpile, Eco World, Bina Puri, VSI, TRC

27 March 2015

KUALA LUMPUR: JF Apex Research expects Econpile, Eco World, Bina Puri, VS Industry and TRC Synergy to see trading interest on Friday following the fresh corporate news.

Net foreign funds outflow on Bursa about RM800m in March

27 March 2015

KUALA LUMPUR: Foreign funds were net sellers until March 26 at about RM800mil but this was a vast improvement from the RM1.9bil net outflow in the first half of the month, says BIMB Securities Research.

Gamuda’s annnualised earnings above consensus: CIMB Research

27 March 2015

KUALA LUMPUR: CIMB Equities Research said Gamuda's annualised 1HFY7/15 core net profit was 2% above its full-year forecast and 11% above consensus.

Page 1 of 94 Next
Go to page:

advertisement

Most Viewed

advertisement

advertisement