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P Aruna


Recent and archived articles by P Aruna

Analysts unfazed by suspension of FPSO ops

23 June 2017

PETALING JAYA: Analysts are unfazed by the suspension of operations of Bumi Armada Bhd’s floating production storage and offloading (FPSO) vessel Armada Perdana, considering that the vessel had no revenue contributions previously, coupled with non-receivables for a prolonged period

Big banks and fintech firms urged to work together

20 June 2017

PETALING JAYA: Big banks and fintech startups can be far more successful at improving financial services and customer experience by working together, instead of competing against one another.

Astro's Q1 net profit slides 3.1%

14 June 2017

KUALA LUMPUR: Astro Malaysia Holdings Bhd recorded a net profit of RM195.8mil for the first quarter of FY18, a marginal drop of 3.1% from a year ago on the back of lower Ebitda and an increase in net finance costs.

Stone Master directors assume positions after court decision

14 June 2017

KUALA LUMPUR: Eight new directors of Stone Master Corp Bhd have assumed their positions on the company’s board of directors after a High Court decision to set aside an ex-parte injunction in relation to the company’s EGM last month.

Mixed views on oil prices

13 June 2017

PETALING JAYA: Analysts are split on whether crude prices will improve in the second half of the year as oil prices continue to be under pressure from the persistent oversupply situation, made worse by a surprise increase in US petroleum stocks last week.

FGV caught in a bind

8 June 2017

PETALING JAYA: The clash in the upper management of Felda Global Ventures Holdings Bhd (FGV), which led to the suspension of its chief executive officer (CEO), has left analysts uncertain about the company’s future direction.

CIMB formalises strategic tie-up with China Galaxy

7 June 2017

PETALING JAYA: CIMB Group Holdings Bhd has formalised a strategic partnership that would see China Galaxy Securities Co Ltd taking a 50% stake in the holding company of CIMB’s ex-Malaysia stockbroking business.

Maxis remains in top spot, Celcom regains second place

6 June 2017

PETALING JAYA: Maxis continued to maintain its lead in the industry in terms of revenue market share (RMS) in Q1, while Celcom regained second place, moving Digi to third place as its RMS declined for the third consecutive quarter.

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