Tee Lin Say

Recent and archived articles by Tee Lin Say

12 Nov 2018 | 7:00 AM

Tatt Giap gets new shareholder

PETALING JAYA: Dynaciate Engineering Sdn Bhd has emerged as a substantial shareholder in Tatt Giap Group Bhd after acquiring 22.1 million shares, or a 12.95% stake, in the company via a direct business transaction.

Major investors: Steel pipes produced by Tatt Giap at its plant in Seberang Prai.Tatt Giap says Khoo Song Heng and Woon Kok Kee have emerged as substantial shareholders in the company by virtue of their shareholdings in Dynaciate.
5 Nov 2018 | 7:00 AM

Amnesty tax windfall?

PETALING JAYA: The government stands to collect billions of ringgit in tax revenue for next year under the Special Voluntary Disclosure Programme (VDP) announced during Budget 2019, if implemented well.

Yong: It is getting increasingly difficult for tax evaders to hide their asset holdings overseas.
31 Oct 2018 | 7:00 AM

Markets close higher though US-China trade war worsens

PETALING JAYA: The FBM KLCI, along with regional markets, ignored overnight lower returns on the Dow Jones on Monday, with stocks closing higher on the prospects of a trade deal between the United States and China.

27 Oct 2018 | 7:00 AM

Are retirement schemes sufficient for Malaysians?

Financial security in old age has never been more important, what with declining birth rates and increasing longevity.

Income stream: Piperdy says a good social security system provides an income stream rather than just a lump sum payment upon retirement.
20 Oct 2018 | 7:00 AM

Construction settles down on commencement of major projects

THE construction sector, which has been volatile over the last few weeks, has now calmed down after the government announced that it is proceeding with the light rail transit 3 (LRT3) project and the Klang Valley Mass Rapid Transit (MRT2), but at a reduced cost.

18 Oct 2018 | 7:00 AM

Softer stance on domestic insurance shareholdings

Govt holding talks to allow for full ownership by foreign companies

Among the companies affected are the Malaysian operations of Tokio Marine Holdings Inc, the AIA Group, Prudential Insurance and Great Eastern Holdings.
15 Oct 2018 | 7:00 AM

Fund managers positive on Malaysia

PETALING JAYA: Fund managers and analysts continue to be positive on Malaysia despite the World Bank cutting its gross domestic product (GDP) growth forecast for 2018 to 4.9% from 5.4% on the back of slowing export growth and lower public investment.

13 Oct 2018 | 7:00 AM

Going against the tide

Cheah: Malaysian market should have 40%-60% free float

Minister’s speech: Finance Minister Lim Guan Eng giving his speech during the opening of Value Partners Group Ltd’s Malaysian office.
9 Oct 2018 | 7:00 AM

Cheah of Value Partners Group sets up office in Malaysia

KUALA LUMPUR: Datuk Seri Cheah Cheng Hye has opened his Malaysian office – Value Partners Asset Management Malaysia Sdn Bhd – after receiving the approval in principle from the Securities Commission for a Capital Market Services Licence for Fund Management.

Cheah: After decades of sliding, Malaysia can only go up.
6 Oct 2018 | 7:00 AM

GDex seizes opportunity to enter Indonesian market

Company taking advantage of weaker rupiah to buy stake in SAP

Teong: It is not easy to find a company like this. We chose this company out of many others, some which had higher profits.