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RHB maintains Buy on Axis REIT, TP raised to RM1.98

KUALA LUMPUR: RHB research is mildly positive on the Axis REIT's proposed acquisition of a tract of leasehold land in Bayan Lepas Free Industrial Zone Phase 4 and building from ZoomiC Technology (M) Sdn Bhd for RM20.5mil.

Perodua aims for record sales

KUALA LUMPUR: National carmaker Perusahaan Otomobil Kedua Sdn Bhd (Perodua) is targeting record-high sales of 235,000 units for this year, driven by stellar demand for all its models.

Higher sales: (from left) Perodua Sales Sdn Bhd managing director Datuk Dr Zahari Husin, Perodua president and CEO Datuk Zainal Abidin Ahmad and Perodua Auto Corp Sdn Bhd president Masanori Takahashi at Perodua’s press conference to announce sales for the first half of 2019. The firm sold 121,800 vehicles, up 4% from the 117,100 units sold in the previous corresponding period.

BNP could rise as top prime broker in Asia on Deutsche Bank deal

HONG KONG: BNP Paribas SA could gain a top-10 spot among prime brokers in Asia as a result of its agreement to back up and potentially assume control of the electronic trading and prime services of Deutsche Bank AG, according to Eurekahedge Pte.

Sustainability as a key focus

AS an entrepreneur, Serba Dinamik Holdings Bhd founder and chief executive officer Datuk Mohd Abdul Karim Abdullah believes that in volatile times, one of the most important components in business is ensuring sustainability.

Karim believes that customers should always be the first consideration, but of equal importance are employees who execute business plans.