Izwan Idris

Recent and archived articles by Izwan Idris

13 Mar 2018 | 3:18 PM

Sapura Energy’s E&P listing plan hits snag

KUALA LUMPUR: A plan by oil and gas firm Sapura Energy Bhd to spin off its exploration and production (E&P) division for a separate listing estimated to be valued at about RM7bil on Bursa Malaysia may have hit a roadblock.

2 Mar 2018 | 6:45 PM

Malaysia Airlines to focus on yields

KUALA LUMPUR: Malaysia Airlines Group (MAG) saw improved revenue in the three months ended Dec 31, but warned that stiff competition for passengers in the region to remain a challenge for the national carrier.

2 Mar 2018 | 4:35 PM

Signs of weakness seen in 4Q earnings

PETALING JAYA: The recently concluded corporate earnings season offered investors little to cheer about.

1 Mar 2018 | 5:53 PM

Maybankers get early bonus after record profit

KUALA LUMPUR: Employees of Malayan Banking Bhd (Maybank) are getting an early bonus following the bank’s record performance for 2017.

24 Feb 2018 | 7:00 AM

New partner for Naza group?

A GLOBAL carmaker is close to completing a deal to acquire a majority stake in Naza Group’s plant in Gurun, Kedah, sources say.

Huge investment: Naza was reported to have invested about RM700mil over the years to build up its Gurun plant.
23 Feb 2018 | 5:53 PM

Global carmaker close to acquiring stake in Naza's assembly plant

The deal will see the global partner taking control of assembly and production at the Gurun plant

19 Feb 2018 | 7:00 AM

On Bursa Malaysia it is going to be the year of the underdogs

PETALING JAYA: Fortune may still favour the underdogs on Bursa Malaysia this year, as more agile smaller companies are again expected to outperform their bigger and pricier counterparts.

The FTSE Bursa Malaysia KL Composite Index (KLCI) entered 2018 at 1,780 points and quickly surged to as high as 1,870 points, before succumbing to a huge selling pressure in the first week of February.  Sentiment in the market, however, had improved last week amid a huge rebound on Wall Street. The KLCI ended the year of the Fire Rooster last Thursday at 1,838 points.
9 Feb 2018 | 2:30 PM

Prasarana new CEO reshuffles top team

KUALA LUMPUR: Prasarana Malaysia Bhd boss Masnizam Hisham is making several changes in her senior management team barely a month after taking over the helm at the Government controlled urban public transport company.

29 Jan 2018 | 7:00 AM

New cryptocurrency exchange to be launched next month

KUALA LUMPUR: A homegrown cryptocurrency exchanger is launching a revamped version of its trading venue, targeting strong market appetite for the alternative asset class, amid increased regulatory scrutiny on the sector.

Two-year run: Fakhrul says Pinkexc has been in the digital currency exchange business since 2016.
26 Jan 2018 | 6:14 PM

TNB reports steady operating profit

KUALA LUMPUR: Tenaga Nasional Bhd said its operating profit in the first quarter ended Nov 30 was flattish at RM2.34bil, as the increase in revenue from higher electricity sales was offset by a jump in expenses.