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Business 15 Apr 2014 | 12:00 AM

Gas Malaysia rated hold, KLK reduced

GAS Malaysia Bhd announced that the Government has approved a 20% increase in blended gas tariffs to RM19.32 per million British thermal unit (mmBtu) from RM16.07 mmBTU, effective May 1.

Business 17 May 2014 | 12:00 AM

MAS should go for Section 176 of Companies Act

THE tragic disappearance of MH370 has taken a huge toll on Malaysia Airlines (MAS). Since the plane vanished on March 8, the airline has cancelled close to 900 flights.

Business 13 May 2014 | 12:00 AM

Time Engineering's bottom line improving with cost cuts and write-downs

PETALING JAYA: Backed by a two-year extension for its Dagang Net concession with the Government, Time Engineering Bhd is hopeful of turning around this year after two straight years in the red.

Business 12 Jun 2014 | 12:00 AM

THHE upbeat about on-going jobs, expects projects to boost revenue by 20%

KUALA LUMPUR: TH Heavy Engineering Bhd (THHE) expects on-going jobs to boost its revenue by as much as 20% for its current financial year ending Dec 31.

Banking 02 Aug 2013 | 12:00 AM

Naming of Maybank CEO within a month

PETALING JAYA: Malayan Banking Bhd (Maybank) should have a new head honcho within a month’s time, says Bank Negara governor Tan Sri Dr Zeti Akhtar Aziz, ending a three-month void in the post.

Business 14 Sep 2013 | 12:00 AM

Money optimisation is beyond investing

Eight areas that need to be understood and managed well

Business 01 Oct 2013 | 7:46 PM

Focal Aims gets unconditional take-over offer from Eco World

KUALA LUMPUR: Focal Aims Holdings Bhd has received an unconditional takeover offer from Eco World Development Sdn Bhd at RM1.40 cash – the same price when the latter made the offer to acquire 65.05% stake on Sept 17.

Business 15 Jul 2014 | 12:00 AM

Plot thickens at Harvest

KUALA LUMPUR: The embattled chief executive of Harvest Court Industries Bhd, Datuk Raymond Chan, made public a taped conversation that he claims proved that parties out to oust him controlled more than 33% of the company and were avoiding a mandatory general takeover (MGO).

Economy 01 Oct 2013 | 12:45 PM

Deadline missed, US govt to shut down

The US lurched into a dreaded government shutdown early Tuesday for the first time in 17 years, triggering agency closures and hundreds of thousands of furloughs as Congress missed a deadline to pass a budget.

Corporate News 03 Jul 2014 | 12:00 AM

Ivory seeks amicable deal, wants recognition of interest in revival of Plaza Rakyat

GEORGE TOWN: Ivory Properties Group Bhd is seeking an amicable solution even though Kuala Lumpur City Hall (DBKL) has refused to recognise its interest in the revival of the abandoned Plaza Rakyat project in Jalan Pudu.