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KUALA LUMPUR: R&A Telecommunication Group Bhd's unit has filed a suit against two companies for RM1.027mil after they failed to repay the advancement payments for a mini hydro power project in Kelantan.
KUALA LUMPUR: Blue chips ended a volatile 2016 on a weaker note as the FBM KLCI lost 3% year-to-date, impacted by outflow of foreign funds, especially after the US presidential elections on Nov 8, which triggered the outflow of funds from emerging markets back to the US.
KUALA LUMPUR: Piling and foundation specialist Jack-In Group, co-founded by Malaysian brothers H’ng Bok Chuan and H’ng Hup Choong, was listed on the Australian Stock Exchange (ASX) on Friday through a reverse takeover (RTO) of Oilfield Workforce Group Ltd.
KUALA LUMPUR: UMW Holdings Bhd has appointed former Permodalan Nasional Bhd president and group chief executive officer Tan Sri Hamad Kama Piah Che Othman as group chairman effective Jan 1, 2017.
BEIJING: A joint venture between Hon Hai Precision Industry Co, known as Foxconn, and Sharp Corp plans to build a 61 billion yuan (RM39.4bil) factory in China to produce liquid-crystal displays (LCDs).
BEIJING: China’s top three real estate developers made combined sales of more than 1 trillion yuan (RM646bil) in 2016, helped by soaring home prices in big cities, according to a ranking released by a private research agency on Friday.
WHAT does 2017 hold for the FBM KLCI? Malaysian investors have had a rough ride.