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Business 29 Jun 2013 | 12:00 AM

SapuraKencana net profit soars on fabrication, hook-up commissioning ops

PETALING JAYA: SapuraKencana Petroleum Bhd has recorded a 125% increase in net profit to RM93.67mil for the first quarter ended April 30 compared with RM41.66mil a year ago.

Business 30 Jun 2011 | 12:00 AM

Eversendai wins new RM139mil Qatar job

PETALING JAYA: Eversendai Corp Bhd announced that it has secured a new contract in Qatar worth 165 million riyals (RM139mil), just one day before listing on Bursa Malaysia.

Business 21 Jun 2011 | 12:00 AM

RAM: Muhibbah's bonds unaffected

PETALING JAYA: RAM Ratings said the recent news on the receivership status of the owner of the petroleum hub project at Tanjung Bin, Johor (APH project), would not have any rating impact on Muhibbah Engineering (M) Bhd#8217;s RM130mil Islamic bonds.

Business 13 Jun 2011 | 12:00 AM

Shares on Bursa Malaysia expected to rally this week

KUALA LUMPUR: SHARE prices on Bursa Malaysia are expected to experience a mild rally this week after recent losses, said Affin Investment Bank head of retail research, Dr Nazri Khan.

Business 06 Jun 2013 | 12:00 AM

Nestle’s margin likely to improve despite rising cost of raw materials

ACCORDING to a news report, Nestle is likely to increase the prices of its dairy products by 4% to 8% by the middle of the year.

Business 29 Apr 2011 | 12:00 AM

Water bonds risk further downgrade

KUALA LUMPUR: RAM Rating Services Bhd may further downgrade the Selangor water bonds before July if the deadlock between the Selangor and Federal governments as well as the concessionaires on the restructuring of the state's water assets remains unresolved.

Business 07 May 2011 | 12:00 AM

Corporate loans likely to outpace retail loan expansion

Analysts expect overall loans growththis year to be around 10% to 11% andforesee corporate loans growth thisyear to exceed or at least equal thatof consumer loans, driven by theGovernment's various initiatives.

Business 12 Feb 2011 | 12:00 AM

Dayang order book swells to RM1.8bil with latest Petronas contract

PETALING JAYA: Dayang Enterprise Holdings Bhd, whose subsidiary has secured a RM802mil contract from Petronas Carigali Sdn Bhd, will see its order book swell to RM1.8bil.

Business 12 Feb 2011 | 12:00 AM

Profit-taking pulls down regional indices

PETALING JAYA: Investors and traders in the region continued taking profit yesterday, weighed on by inflationary concerns and the ongoing crisis in Egypt.

Business 09 Feb 2011 | 12:00 AM

Corporate loans growth to continue

PETALING JAYA: Corporate loans growth fuelled by working capital loans is expected to continue its upward trend this year supported by the multitude of projects under the Economic Transformation Programme (ETP) and the 10th Malaysian Plan (10MP).