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S Puspadevi

Recent and archived articles by S Puspadevi

23 Sep 2017 | 7:00 AM

The sun shines on Cypark

FOR a company that is heavily loaded with debts due to the nature of its business, Cypark Resources Bhd is starting to see some upside since its transition from short-term contracts to concession-related activities.

Growth prospects: UOB Kay Hian Research reckons Cypark has growth prospects now that it has transitioned from short-term contracts that are susceptible to economic cycles to concession-related activities.
19 Sep 2017 | 7:00 AM

Triangle Energy hits oil in Perth Basin

PETALING JAYA: T7 Global Bhd has said that Triangle Energy (Global) Ltd, in which it has a 9.86% stake, has hit oil under its coastal drilling programme in the Perth Basin.

Separately, T7 Global also announced that it had clinched two contracts worth RM7.2mil from Petroliam Nasional Bhd (Petronas) and MMC Gamuda KVMRT.
16 Sep 2017 | 7:00 AM

Kimlun gets RM215mil job from Hillcrest Gardens

PETALING JAYA: Johor-based engineering and construction firm Kimlun Corp Bhd has clinched a RM214.76mil job from Hillcrest Gardens Sdn Bhd to build two blocks of condominiums and ancillary buildings in Puchong.

9 Sep 2017 | 7:00 AM

Bonia shows signs of improvement

BONIA Corp Bhd, a rising homegrown luxury and fashion group, had a promising growth trajectory when it first began to venture into the region a few years ago.

8 Sep 2017 | 7:00 AM

Padini shares at all-time high of RM4.51

PETALING JAYA: Fashion retailer Padini Holdings Bhd’s shares rose to an all-time high to close at RM4.51 yesterday, as analysts remained optimistic on the homegrown company’s outlook and ahead of its 2.5 sen dividend payout on Sept 29.

The stock rose 26 sen or 15.35% to close at RM4.51 yesterday, with 3.19 million shares being traded.  On a year-to-date basis, the stock is up 77.63% and trading at a historical price earnings ratio of 18.85 times. It also offers a dividend yield of some 2.22% at its market capitalisation of RM2.96bil.
31 Aug 2017 | 7:00 AM

Sunway eyes mergers and acquisitions

PETALING JAYA: Sunway Group’s holding company, Sunway Bhd, is set to expand its portfolio of core businesses to create new avenues for growth domestically and regionally.

Cheah: I will be visiting Cambridge University soon to sign an agreement to set up a clinical research centre at Sunway.
26 Aug 2017 | 7:00 AM

Bakke hopes to retire in two years

PETALING JAYA: Tan Sri Mohd Bakke Salleh (pic), the group president and chief executive officer (CEO) of Sime Darby Bhd, has indicated he will retire in about two years after the conglomerate’s corporate restructuring exercise is completed.

25 Aug 2017 | 7:02 PM

Bakke says to retire from Sime Darby in two years

KUALA LUMPUR: Sime Darby Bhd group president and chief executive officer Tan Sri Mohd Bakke Salleh has indicated plans to retire in about two year’s time, after the conglomerate’s corporate restructuring exercise is fully completed.

Sime Darby Bhd group president and chief executive officer Tan Sri Mohd Bakke Salleh has indicated plans to retire in about two year’s time.
24 Aug 2017 | 7:00 AM

Veritas celebrates 30th anniversary

KUALA LUMPUR: The Veritas Design Group, a homegrown architecture firm, has created a name for itself among private and public-listed construction and property companies in the past three decades with some of the country’s iconic buildings.

David: This 30th anniversary marks the celebration of our present and past employees as well as clients who have been with us since inception
22 Aug 2017 | 7:00 AM

Analysts remain bullish on Tune Protect as better H2 seen

PETALING JAYA: Despite the lack of near-term earnings visibility, the market seems to be keeping a positive stance on Tune Protect Group Bhd, on predictions of a stronger financial performance in the second half of the year.