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Malakoff top end values IPO at up to RM2.47bil

17 April 2015

KUALA LUMPUR: Malakoff Corp Bhd, Malaysia’s largest independent power firm, has set a tight bookbuilding range for its initial public offering (IPO), two people with direct knowledge of the process said, with solid support from domestic cornerstone investors. The top end of the range set yesterday values the IPO at up to RM2.74bil, the largest in Malaysia in almost three years.

Asian shares at fresh seven-year high

17 April 2015

TOKYO: Asian shares edged up in early trade on Friday, on track to score weekly gains and shrugging off a languid performance on Wall Street after another set of lackluster U.S. economic data. MSCI's broadest index of Asia-Pacific shares outside Japan added about 0.2 percent in early trade, extending a seven-year high touched in the previous session

Oil prices fall in early trading Friday as OPEC production soars(Update)

17 April 2015

NEW YORK: Crude oil prices jumped to fresh 2015 peaks on Thursday, turning higher on news that a tribal group made up of former Al Qaeda militants took control of a major southern oil terminal in Yemen.

A Shangri-La for Dayabumi

17 April 2015

KLCCP Stapled Group plans to build 540-room hotel and 60-storey office tower

Malaysian palm oil/Vegoils: Market factors to watch Friday April 17

17 April 2015

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Friday April 17.

Diary Malaysia Friday April 17

17 April 2015

KUALA LUMPUR: ALL TIMES ARE PROVISIONAL AND IN LOCAL TIME FOLLOWED BY GMT IN BRACKETS

TRC expects earnings to recover this year

17 April 2015

TRC Synergy Bhd, despite earnings weakness in recent years, is believed to see its earnings recovering this year, according to PublicInvest Research.

22 new foreign fund managers at Invest M’sia

17 April 2015

KUALA LUMPUR: Twenty-two new foreign fund managers will participate at the two-day 11th Invest Malaysia (IMKL2015) conference from April 23 here, says Bursa Malaysia Bhd director, securities market, Ong Li Lee.

Perodua counts on accessories

17 April 2015

KUALA LUMPUR: Perodua expects its accessories sales contribution to the after-sales segment to increase by 2% to 3% this year with the launch of its own line of accessories under the brand name GearUp. President and chief executive officer Datuk Aminar Rashid Salleh said sales of accessories currently contributed about 10% yearly to the company’s after-sales segment.

KESM to inject more capital into semiconductor unit

17 April 2015

KUALA LUMPUR: Investment holding firm, KESM Industries Bhd plans to inject more capital into its semiconductor devices testing unit, KESM Test (M) Sdn Bhd, once it completes the acquisition of the remaining stake it does not own in the latter.

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