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Corporate News 4h ago

Asia-Pacific central govts plan US$3 tril sovereign debt

SINGAPORE: S&P Global Ratings forecasts Asia-Pacific central governments will issue nearly US$3 trillion in long-term commercial debt in 2018, with Japan's share of the total falling and China's rising.

Analyst Reports 7h ago

Kenanga maintains underperform on Media Prima on FY17 losses

KUALA LUMPUR: Kenanga Research maintained its underperform call on Media Prima Bhd with a lower target price of 53 sen from 55 sen previously as the company put in another disappointing earnings result.

Corporate News 20h ago

Sime Darby posts core profit of RM525m in H1

KUALA LUMPUR: Sime Darby Bhd posted a set of firm financial results in the first half ended Dec 31, 2017 with core profit before interest and tax (PBIT) of RM525mil, underpinned by the pick up in Australia's mining business.

Corporate News 9h ago

Media Prima posts quarterly net loss of RM378.2mil

PETALING JAYA: Media Prima Bhd posted a big loss for its fourth quarter because of write-offs and exceptional items with its net loss for the quarter reaching RM378.2mil from a profit of RM5mil in the previous corresponding quarter.

Group managing director Datuk Kamal Khalid (file pic)said: “Our achievements to date underscore the progress of our transformation plan and fuels our confidence in Media Prima’s future. Last year, we continued to dominate the digital space with our award-winning content. We believe the group has established much-needed foundations to grow further.”
Markets 23h ago

Hong Leong Bank, MISC weigh on KLCI but Public Bank jumps

KUALA LUMPUR: Blue chips closed slightly lower on Thursday on profit taking of Hong Leong Bank and MISC but helping to shore up the FBM KLCI was Public Bank after its record FY17 earnings.

Public Bank's record FY17 earnings and dividend shored up the FBM KLCI
Stock on the Move 7h ago

Innoprise shares buoy by rise in profits and dividend

KUALA LUMPUR: Shares in Innoprise Plantations Bhd jumped by as much as 29.94% in early trade after it reported a 46% profit jump in its latest quarterly quarterly results and a three sen per share dividend.

Corporate News 4h ago

Volatility's return making a haven of Asia's emerging markets

MANILA: The specter of volatile financial markets is prompting investors to be more selective in emerging markets and Asia is stacking up to be among the most resilient when it comes to economic measures.

Among the 22 developing economies, Taiwan and Thailand come out on top in terms of current-account balances.
Corporate News 21 Feb 2018

MSM posts RM32.5m net losses in FY17

KUALA LUMPUR: MSM Malaysia Holdings Bhd swung into the red in FY ended Dec 31, 2017 with net losses of RM32.57mil compared with earnings of RM120.72mil in FY16.

Corporate News 1d ago

Petronas inks LNG supply deal with India's Hiranandani

KUALA LUMPUR: Petroliam Nasional Bhd's (Petronas) subsidiary will supply liquified natural gas (LNG) to India after inking a deal with H-Energy Mideast DMCC (HEMD).