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Daniel Khoo

danielkhoo@thestar.com.my

Recent and archived articles by Daniel Khoo

7 Aug 2018 | 7:00 AM

Gamuda gets Splashed, share price tumbles

PETALING JAYA: Shares of Gamuda Bhd tumbled on worries that the company may have to settle for a lower valuation for its water assets. The stock declined 16 sen or 4.12% to RM3.72 on a volume of 15.36 million shares.

Water asset: A worker checking one of Splash’s water treatment plants. The Selangor state government has offered to buy the company, in which Gamuda is a shareholder, for RM2.55bil
6 Aug 2018 | 7:00 AM

Eye on tech companies in Malaysia exposed to the Apple supply chain

PETALING JAYA: Local technology companies, especially those exposed to the Apple supply chain, will be closely watched back home.

The strong performance at Apple could be a catalyst for greater interest into several semiconductor companies at home because Apple is a substantial end-client in the supply chain for their products.  One of those companies is Globetronics Technology Bhd that had also seen an impressive jump in its bottom line for the second quarter ended June 30.
28 Jul 2018 | 7:00 AM

Property sector cautious amid ‘bubble’ talk, new housing policy

THE property market, which has been facing strong headwinds in the past couple of years, continues to be on high alert amid continued discussions of a possible “bubble” and the Government responding in kind to introduce a new national housing policy.

19 Jul 2018 | 7:00 AM

Shahril who earns RM200,000 a day survives ouster move

KUALA LUMPUR: Sapura Energy Bhd chief executive officer Tan Sri Shahril Shamsuddin survived a bid to oust him as a director amid unhappiness over his total pay package of RM71.92mil in the financial year 2018 ended Jan 31 (FY18).

"We have brought this issue up many times but it’s mostly just been ‘noted’ with no concrete action being taken" says MSWG’s Lya Rahman. However Shahril is still CEO of Sapura Energy after chalking up 82% of the votes in the AGM. (Filepic of Shahril speaking to reporters in April last year)
18 Jul 2018 | 2:48 PM

Sapura Energy's Shahril survives ouster move at AGM

KUALA LUMPUR: Sapura Energy Bhd chief executive officer (CEO) Tan Sri Shahril Shamsuddin survived a bid to oust him as director and CEO amid unhappiness over his total pay package of RM71.92mil in financial year 2018 ended Jan 31 (FY18).

17 Jul 2018 | 7:00 AM

1MDB scandal costs Malaysia RM50bil

KUALA LUMPUR: Malaysia would have been able to go ahead with the shelved mega-projects if not for the 1Malaysia Development Bhd (1MDB) scandal and other “mini 1MDBs” that are plaguing the country, said Finance Minister Lim Guan Eng. The scandal alone costs Malaysia RM50bil, says Finance Minister

KUALA LUMPUR: Finance Minister Lim Guan Eng (centre) visiting a exhibition during National Tax Conference 2018 'Taxation in a Changing Economy' at Kuala Lumpur Convention Centre, yesterday Also present were Chief Executive Officer Lembaga Hasil Dalam Negeri Malaysia (LHDN) Datuk Seri Sabin Samitah (right) and Secretary General of Treasury Datuk Seri Dr Ismail Bakar  - Bernama
16 Jul 2018 | 4:44 PM

Guan Eng: We can afford all shelved mega projects, if not for 1MDB and other scandals

KUALA LUMPUR: Malaysia would have been able to afford to go ahead with the shelved mega projects if not for the 1MDB scandals and other ‘mini 1MDBs’ said Finance minister Lim Guan Eng.

14 Jul 2018 | 7:00 AM

Long but fruitful journey in IHH’s Fortis acquisition

Fortis set to bump up IHH revenue by some 20%.

Valued asset: A Fortis hospital building is pictured in Gurgaon, India. Despite being in a cash-strapped position, Fortis had seen many keen suitors along the way and IHH had, in turn, felt strong competition for the highly prized Fortis asset. — Reuters
14 Jul 2018 | 7:00 AM

Proton aims to be No. 1 again

Carmaker eyes pole position in its home market amid growing confidence.

Li: In mainland China, the Boyue (of which is the Proton SUV is based on) consistently outsells the Japanese marques.
13 Jul 2018 | 7:00 AM

Telekom sees higher revenue with higher speed, faster network

KUALA LUMPUR: Telekom Malaysia Bhd (TM) will be able to grow its revenue with wider access and higher speed to its broadband network from the previous expectation that revenue would fall in 2018.

From Right: Datuk Bazlan Osman, acting group CEO, TM and Imri Mokhtar, executive vice president, Unifi, TM make a conference call to media members about Unifi's new broadband plans.

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