Daniel Khoo

Recent and archived articles by Daniel Khoo

22 Jan 2018 | 7:00 AM

Surprise railway win for YTL

PETALING JAYA: Among the many railway construction contracts that have been dished out of late, one in particular stands out from the rest.

YTL did build the Express Rail Link (ERL) infrastructure back in 1996, but it has been quiet on this front, especially when the numerous rail projects were announced in the past three years. (File pic shows: (from left) ERL chief executive officer Noormah Mohd Noor, YTL Corp executive chairman Tan Sri Yeoh Tiong Lay, ERL executive chairman Tan Sri Mohd Nadzmi Mohd Salleh, Transport Minister Datuk Seri Liow Tiong Lai, YTL Corp executive director Tan Sri Francis Yeoh and Deputy Transport Minister Datuk Ab Aziz Kaprawi at a ceremony to unveil the new train coach for KLIA Transit line at ERL depot in Salak Tinggi on Oct 20, 2016.)
18 Jan 2018 | 7:00 AM

Bitcoin tumbles 20% and goes below US$10,000

PETALING JAYA: Volatility continues to grip bitcoin, with the largest cryptocurrency falling below the psychological US$10,000, as of press time on Wednesday night after a decline of more than 20% on Tuesday.

Downtrend: A broken representation of the bitcoin virtual currency, placed on a monitor that displays stock graph and binary codes, are seen in this illustration picture. Concerns are mounting of a possibly bigger fall ahead for the digital currency. — Reuters
16 Jan 2018 | 2:49 PM

ICPT rebate on electricity seen on TNB bill not funded by taxpayers, says EC

PUTRAJAYA: The imbalance cost pass through (ICPT) rebate that is seen in the electricity bill is not funded by taxpayers money, said the Energy Commission (EC).

EC acting CEO Azhar Omar
15 Jan 2018 | 7:00 AM

Reality check for Malaysian oil and gas players

Some Malaysian counters retraced some gains despite continued rise in oil price

11 Jan 2018 | 7:00 AM

Tech stocks down on fear over robust ringgit

PETALING JAYA: Technology stocks on Bursa Malaysia took a beating following concerns that a stronger ringgit may erode their bottom line.

10 Jan 2018 | 7:00 AM

FBM KLCI slightly down but volume still heavy

PETALING JAYA: Nothing goes up forever and after solid gains over the past few days, the local bourse took a breather.

6 Jan 2018 | 7:00 AM

Ringgit boost for investors, importers

THE New Year is in, tides are changing and the ringgit is recovering from the past two year’s extreme blues.

Ringgit on uptrend: People queuing up to change money at a money changer. The ringgit has broken past the crucial 4.00 level.
2 Jan 2018 | 7:00 AM

Lotte Chemical back on analysts’ radar screen

PETALING JAYA: There seems to be a disconnect on what analysts feel towards Lotte Chemical Titan Holding Bhd and what market participants actually think of the stock.

Lotte raised RM4bil in the IPO, which was RM2bil less than the earlier envisaged amount of RM6bil. (File picture shows: President and Head of Chemical BU Huh Soo Young point to the Bursa chart at listing ceremony of the company at Bursa Malaysia on July 11,2017. Looking on were President and CEO of Lotte Chemical Titan Holding Berhad Dr Lee Dong Woo and Chairman Lotte Chemical Titan Holdings Berhad Tan Sri Abdul Rahman Mamat.
25 Dec 2017 | 7:00 AM

Lee raises stake in IOI Properties as prospects in S'pore improve

PETALING JAYA: In recent days, some major shareholders of IOI Properties Group Bhd’s (IOI Prop) have taken the opportunity to up their stakes in the company on the back of the developer’s improving prospects in Singapore, along with undemanding valuations.

Stock exchange data show that the company’s main controlling shareholder and founder Tan Sri Lee Shin Cheng(pic) had taken the opportunity to further increase his direct interest to 2.395% to date from 0.9% in October, in addition to his existing indirect interest of 60.79%.  The Employees Provident Fund (EPF) had over the past few days also increased its net stakes in the company to 5.91% on Dec 19 from 5.821% on Dec 12.
16 Dec 2017 | 7:00 AM

SCGM on track for expansion

SCGM Bhd is unperturbed by the recent speed bump that was experienced in its bottom line performance.

Expanding operations: A worker attending to a production line at SCGM’s plant in Kulaijaya. The Johor-based company has recently set up its first manufacturing facility in the Klang Valley.