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Corporate News 1d ago

Possible solutions for MP Corp

LONG-AILING Malaysia Pacific Corp Bhd (MP Corp) inches closer to a permanent shutdown, as its troubles continue to mount after several years of financial distress.

Palm Oil 1d ago

India's Sakuma Exports sets sights on Ruchi Soya purchase, Sime Darby too has shown interest

MUMBAI: Commodities trader Sakuma Exports has submitted an expression of interest to acquire leading Indian edible oil importer and retailer Ruchi Soya , it said on Friday. Malaysia's Sime Darby has also shown an interest.

Malaysia's Sime Darby Plantation, the world's largest oil palm planter by land holdings, has also expressed interest in Ruchi Soya.
Stock on the Move 1d ago

Eye On Stock: Johan Holdings

JOHAN Holdings Bhd (code: 3441) has been trapped under a short-term descending trend line since Dec 29, 2017, where it peaked at a high of 40 sen before undergoing a correction phase.

Corporate News 1d ago

Encorp suffers more losses

KUALA LUMPUR: Encorp Bhd, the property firm controlled by Felda Investment Corp Sdn Bhd, made a RM28mil loss in the last three months ended Dec 31, 2017 as revenue drops by more than a quarter to RM106.8mil.

Economy 1d ago

Correction or bear market?

WHEN the Dow Jones and S&P 500 corrected sharply after falling by some 10.2% over two weeks, many pointed out that this was a correction instead of a bear market.

Short Position 1d ago

Short position

IT’S the long haul for Hap Seng Plantations

Economy 1d ago

US Fed's Williams sees three to four rate hikes in 2018

LOS ANGELES: The Federal Reserve should raise U.S. interest rates three or four times this year, John Williams, president of the San Francisco Federal Reserve Bank, said on Friday, adding that the next rate hike should take place in "the near future."

"A steady three to four rate increases this year is really the right path," Williams(pic) told reporters after a Town Hall Los Angeles event.
Corporate News 1d ago

WTK Holdings takes a RM51mil hit

KUALA LUMPUR: WTK Holdings Bhd said the winding up of wholly owned unit Alanya Marine Ventures Sdn Bhd (AMV) to result in a one off RM51mil loss for the company.

Advertising & Media 1d ago

Towards quality advertising

A landmark deal has been signed between the Malaysia Premium Publishers Marketplace (MPPM) and Innity to offer the country’s first publishers-led one-stop shop for high-impact video advertising online to spur MPPM’s online ad trading.