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Corporate News 09 Sep 2014 | 12:00 AM

Westports sees bright side of possible Khazanah sale

PETALING JAYA: Westports Holdings Bhd is not surprised by the rumour that Khazanah Nasional Bhd may divest its entire 4.74% stake in the port operator, and is taking the news positively as an avenue to increase its free float, said chief executive officer Ruben Emir Gnanalingam.

Corporate News 08 Sep 2014 | 12:00 AM

Khazanah may divest Westports stake

PETALING JAYA: Khazanah Nasional is said to be looking to divest its stake in Westports Holdings Bhd, a move that resonates with its policy to reduce stakes in companies that are deemed as non-strategic in its portfolio of investments.

Property 08 Sep 2014 | 12:00 AM

Banking on rights issue

PETALING JAYA: I-Bhd’s rights exercise is expected to enable it to undertake other corporate exercises, such as its long-anticipated real estate investment trust (Reit) as well as expanding its landbank.

Corporate News 07 Sep 2014 | 8:41 PM

Europe's top industrials target Goldilocks zone

STOCKHOLM: "Good enough" might not make for a marketing slogan, but some of Europe's top engineering companies, which have made their reputation on the quality of their products, are hoping it will make for a profitable strategy.

Education 07 Sep 2014 | 12:00 AM

Firms plan to invest in talent

MORE companies plan to hire Master of Business Administration and other business school graduates in 2014, according to a global survey of employers that was released earlier this year.

AseanPlus News 06 Sep 2014 | 12:12 PM

Japan places political star at heart of nuclear revival

TOKYO: Japanese Prime Minister Shinzo Abe may have hoped that a 40-year-old mother-of-two with impeccable political pedigree might prove the acceptable face of nuclear power when he appointed her industry minister.

Business 06 Sep 2014 | 12:00 AM

Impressive show by the EPF

THE Employees’ Provident Fund (EPF) is a scheme that provides retirement benefits for members through the management of their savings, which are accrued for each employee through contributions from employees and their employers.

Corporate News 06 Sep 2014 | 12:00 AM

Billionaire Ananda Krishnan may end up winner again

LOW-PROFILe tycoon T. Ananda Krishnan is set to be a beneficiary if the entity linked to him, Tanjong Plc, exercises the warrants it holds in 1Malaysia Development Bhd’s (1MDB) energy arm prior to the latter’s listing.

Business 06 Sep 2014 | 12:00 AM

PMB’s broad take on the market

STATE-OWNED Pelaburan Mara Bhd (PMB)’s recent investments in small-cap, penny stocks like PDZ Holdings Bhd and Sanichi Technology Bhd have surprised the market, mainly because such firms are typically below the radar of large institutional funds.

Business 06 Sep 2014 | 12:00 AM

Bank Islam M&A options open for strategic candidates

KUALA LUMPUR: Bank Islam Malaysia Bhd, which is still aiming to be a mega Islamic bank in the country, is keeping its merger and acquisition (M&A) options open to candidates that can complement its strengths in consumer banking.