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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.

Property 01 Jul 2014 | 12:00 AM

Ivory Properties still keen on Plaza Rakyat project despite mayor saying no

PETALING JAYA: Ivory Properties Group Bhd said discussions on its agreement to revive the Plaza Rakyat project in Jalan Pudu were “in progress”, despite the Kuala Lumpur mayor announcing that a new contractor would be appointed.

Business 06 Aug 2014 | 3:32 PM

S&P puts Sime Darby on CreditWatch negative on proposed acquisition

SINGAPORE: Standard & Poor's Ratings Services said today that it had placed its “A” long-term corporate credit rating and “axAAA” long-term Asean regional scale rating on Sime Darby Bhd on CreditWatch with negative implications.

Property 19 Sep 2014 | 12:00 AM

Building the ideal highland getaway

Fancy a luxurious getaway amid enveloping greenery on some misty slopes?

Business 23 Sep 2014 | 1:16 PM

Tenaga up after RM6bil power plant deal

KUALA LUMPUR: Shares of Tenaga rose at mid-afternoon on Tuesday after partnering Bangladesh in a RM6bil power plant project.

Banking 08 Oct 2014 | 12:00 AM

Lee named CEO of Citibank

PETALING JAYA: Citi group has named Lee Lung Nien (pic) as chief executive officer of its unit Citibank Bhd.

Corporate News 13 Nov 2014 | 5:41 PM

PNG Government to increase stake in NBPOL

KUALA LUMPUR: The Papua New Guinea (PNG) government has expressed its intention to increase its stake in New Britain Palm Oil Ltd (NBPOL) from 18% to 30%, said Sime Darby Bhd chief executive officer and president Tan Sri Mohd Bakke Salleh.

Property 11 Nov 2014 | 12:00 AM

Protasco's Chong and Tey continue accusations against each other

KUALA LUMPUR: The key personalities in the ongoing saga at construction firm Protasco Bhd have embarked on another round of accusations.

Business 14 Feb 2015 | 12:00 AM

How not to run a national oil company (Update)

UNTIL about 5pm last Monday evening, Malaysians at large did not know who was going to head their most valuable company – Petroliam Nasional Bhd.

Business 27 Mar 2015 | 12:00 AM

George Kent hit by job reschedule

PETALING JAYA: Engineering specialist George Kent (M) Bhd posted a net profit of RM8.3mil for its fourth quarter ended Jan 31, 2015, down 55.2% from RM18.5mil a year earlier.