Daniel Khoo

Recent and archived articles by Daniel Khoo

17 May 2018 | 7:00 AM

Mixed views on outlook of market

Foreigners have been selling since the GE

5 May 2018 | 7:00 AM

Better prepared for stronger ringgit

MMS Ventures Bhd (MMSV) will be able to withstand the effects of a strengthening ringgit more than other technology stocks.

Record year: A worker at the MMSV Bayan Lepas plant checking out test equipment for the automotive and semiconductor industries. It was a record year for MMSV in the FY17 when it more than doubled its revenue to RM75.57mil from RM35.58mil in the previous year.
4 May 2018 | 7:00 AM

Corporate Services CEO: Firms without good corporate governance face high risks

PETALING JAYA: Companies without a good corporate governance structure usually face higher inherent risks, said Boardroom Corporate Services (KL) Sdn Bhd CEO Samantha Tai.

“Corporate governance is increasingly valued by investors nowadays because companies without good corporate governance will tend to have very high risks. This is because there is no proper check and balance,” Tai told StarBiz at the Star Empowerment seminar yesterday.
3 May 2018 | 7:00 AM

PetChem aims to sustain production output this year

KUALA LUMPUR: Petronas Chemicals Group Bhd (PetChem) aims to sustain its financial year 2017 (FY17) level of production, but will not commit to saying if this can be translated into another record year financially.

“I cannot guarantee to achieve another year of record financial performance. But we will sustain the level of production (output) utilisation of more than 90% in our plants. This is the challenge for us at the moment to maintain it at least at the same production level as last year,” said chairman Datuk Md Arif Mahmood(filepic) at a press conference after its AGM yesterday.
28 Apr 2018 | 7:00 AM

Tech stocks take a beating

THE odds do not seem to favour technology-based stocks overall at present, with market leaders such as Apple Inc tanking to a near-2½-month low.

27 Apr 2018 | 7:00 AM

Malaysia needs to move up value chain in shared services

PETALING JAYA: There is a need for the country to move up the value chain in the shared services industry so that it would not lose its competitive advantage, said Agos Asia Sdn Bhd chief executive officer Joon Leng Teoh (pic).

AGOS founder and CEO Joon Teoh at the Star Finance Transformation and Shared Services Conference at Eastin Hotel in Petaling Jaya. AZMAN GHANI / The Star
26 Apr 2018 | 7:00 AM

CFOs coping with more tasks nowadays, conference told

PETALING JAYA: The role of the chief financial officer (CFO) has evolved, with more companies looking to cut cost and CFOs having to do more compared to before, said Mabel Lau (pic), Standard Chartered’s country finance division CFO.

“The scope of what falls under the CFO has gone very much wider. Some functions outside finance are also now reporting to CFOs due to synergies and partly due to the absence of the chief operating officer’s role in some organisations. So, the mandate has actually gone wider,” Lau(pic) told StarBiz at the Finance Transformation & Shared Services Conference, which is organised by Star Media Group Bhd.
25 Apr 2018 | 7:00 AM

Oil prices at fresh highs

PETALING JAYA: Oil prices continued to climb to a near 3½-year high, crossing the US$75 per barrel mark on expectations of lower supply.

24 Apr 2018 | 7:00 AM

Khazanah buys stake in China’s Ping An Good Doctor

PETALING JAYA: Khazanah Nasional Bhd has emerged as one of the cornerstone investors in soon-to-be listed online healthcare platform Ping An Good Doctor, a unit of China’s biggest insurer by market value, reports say.

The move to buy into Good Doctor is also a part of Khazanah’s plan to grow its overseas contribution to its portfolio, as alluded to by its managing director Tan Sri Azman Mokhtar(pic) in January 2018.  Azman said in January at the World Economic Forum that the rate of return from its foreign investments are slightly higher in the teens compared to its investments locally in Malaysia.
23 Apr 2018 | 7:00 AM

HSS Engineers expects to grow its order book

PETALING JAYA: HSS Engineers Bhd is confident of growing its order book from the present record level of RM963mil.

HSS Engineers Bhd CEO and executive director Datuk Nitchiananthan Balasubramaniam.