Toh Kar Inn

Recent and archived articles by Toh Kar Inn

9 May 2018 | 7:00 AM

Average wages of Malaysians on the rise

PUTRAJAYA: Malaysians on average took back RM2,880 a month last year, an increase of 8.1% as compared to 2016.

Higher pay: Uzir says the increase of mean monthly salaries and wages in 2017 was in line with Malaysia’s economic performance.
8 May 2018 | 1:10 PM

Median salary for employees in Malaysia increased by 7.7% in 2017

PUTRAJAYA: The value of median monthly salaries and wages received by employees rose 7.7% per annum to RM2,160 last year, from RM2,000 in 2016.

5 May 2018 | 7:00 AM

Paramount aims for RM1bil sales

Paramount Corp Bhd is targeting property sales of RM1bil this year, driven by new launches and unbilled sales amounting to RM611mil as of end-2017.

3 May 2018 | 7:00 AM

QSR to relist before November

PETALING JAYA: QSR Brands (M) Holdings Sdn Bhd, the operator of KFC and Pizza Hut restaurant chains in Malaysia, is targeting for an initial public offering (IPO) not later than November this year. Johor Corp (JCorp) president and chief executive Datuk Kamaruz-zaman Abu Kassim said an estimated RM2bil would be raised from the IPO.

Fine results: Kamaruzzaman speaking at the press conference announcing JCorp’s 2017 financial results. With him are TPM Technopark Sdn Bhd managing director Zulkifli Ibrahim (left) and JCorp group finance division vice-president Mohamad Salleh Mohamad Yusof (right)
2 May 2018 | 12:21 PM

QSR Brands to raise RM2b from IPO slated for November

PETALING JAYA: QSR Brands (M) Holdings Bhd plans to raise about RM2bil from its initial public offering (IPO) on Bursa Malaysia, which is slated by November this year.

28 Apr 2018 | 7:00 AM

Sime Darby rides on Caterpillar

Caterpillar Inc, the world’s number one manufacturer of heavy equipment and power systems, has been a solid performer for local conglomerate Sime Darby Bhd for many years.

26 Apr 2018 | 7:00 AM

RHB Bank to launch three new digital products

PETALING JAYA: RHB Bank Bhd plans to launch three new digital products within the first half of the year, pursuant to its FIT22 strategy, where digital enablement is a core priority.

MD’s take: Khairussaleh (left) with CFO Syed Ahmad Taufik Albar at a press conference after the bank’s AGM yesterday.
25 Apr 2018 | 3:12 PM

RHB Bank sees loan growth improving

KUALA LUMPUR: RHB Bank expects loan growth this year to be better than last year and capital market activities to improve.

24 Apr 2018 | 7:00 AM

RM140bil KWAP retirement fund seeks higher returns

KUALA LUMPUR: Retirement Fund Inc (KWAP) is planning to allocate more funds to the private investment space to get better returns amidst the low interest rate environment. KWAP said more money could be allocated to property development, private equity and infrastructure projects.

Investment shift: (from left) KWAP COO Nik Ahmad Fauzan Nik Mohamed, Wan Kamaruzaman and CIO Nik Amlizan Mohamed at the financial briefing.
23 Apr 2018 | 12:30 PM

KWAP reports record gross income of RM9.03bil in 2017

KUALA LUMPUR: Retirement Fund Inc (KWAP) registered a gross income of RM9.03bil last year, the highest since its inception in 2007.