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Property 28 Feb 2018 | 12:00 AM

Call for Govt to ease lending rules

It’s too restrictive for first-time home buyers

Corporate News 28 Feb 2018 | 12:00 AM

TSH core pre-tax profit up 38%

PETALING JAYA: TSH Resources Bhd’s core pre-tax profit jumped 38% to RM180mil for financial year ended Dec 31, 2017 (FY17), thanks to higher fresh fruit bunches (FFB) production and stringent cost controls.

Plantations 28 Feb 2018 | 12:00 AM

Boustead posts lower Q4 net profit

PETALING JAYA: Boustead Plantations Bhd’s net profit for the fourth quarter to Dec 31, 2017 dropped 27.54% to RM36.44mil mainly due to a gain on disposal of subsidiary of RM33.4mil in 2016. Its earnings per share was reduced from 3.14 sen to 2.28 sen.

Property 28 Feb 2018 | 12:00 AM

I-Bhd charts strong financial performance

PETALING JAYA: Property developer I-Bhd posted a set of strong financial results for the financial year ended Dec 31, 2017 and for the fourth quarter while recording unbilled sales of RM274mil at end-2017

Corporate News 28 Feb 2018 | 12:00 AM

Pos shares slip to 11-month low

PETALING JAYA: Postal services provider Pos Malaysia Bhd’s share price fell to an 11-month low, sliding 57 sen or 11.42% to close at RM4.42 after earnings for the third quarter ended Dec 31, 2017 released on Monday came in below expectations

Advertising & Media 28 Feb 2018 | 12:00 AM

EBay nears US$700m deal for Qoo10’s assets

SINGAPORE: EBay Inc, operator of the namesake online marketplace, is close to a deal for the Japanese assets of e-commerce site Qoo10, a person familiar with the matter said.

Banking 28 Feb 2018 | 12:00 AM

StanChart resumes dividend as CEO gains traction

LONDON: Standard Chartered Plc (StanChart) restored its dividend after a two-year suspension and came close to analysts’ forecasts for revenue and profit, suggesting that chief executive officer Bill Winters is gaining ground in getting the bank back on track.

Auto 28 Feb 2018 | 12:00 AM

Mercedes-Benz NZ Wheels Klang Autohaus gets RM6mil facelift

KLANG: The upgraded Mercedes-Benz NZ Wheels Klang Autohaus delivers a better premium experience for customers of the German marque with the three-pointed star.

Property 28 Feb 2018 | 12:00 AM

No sacred cows in Hong Kong quest to ease home supply crunch

HONG KONG: Hong Kong’s leaders are leaving no stone unturned in their quest to unlock more land for homes.

Corporate News 28 Feb 2018 | 12:00 AM

Star Media Group records RM87mil profit

PETALING JAYA: On the back of a tough operating environment for the media sector, Star Media Group Bhd has recorded a net profit of RM87.44mil on a turnover of RM517.73mil for the financial year ended Dec 31, 2017 (FY17).