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Corporate News 02 Jan 2017 | 12:00 AM

Felda clarifies acquisition of Indonesian Eagle High stake

FELDA would like to clarify a few things in light of its recent acquisition of a 37% stake in PT Eagle High Plantations TBK (EHP) that StarBiz has reported on Dec 29 and 31:

Commodities 02 Jan 2017 | 12:00 AM

Furniture makers doing well due to strong US$ despite labour issues

PETALING JAYA: Furniture makers have been performing well as their revenue and net profit continue to rise due to the stronger US dollar, despite labour issues.

Plantations 03 Jan 2017 | 12:00 AM

Felda Global Ventures confident of emerging stronger in 2017

PETALING JAYA: After a challenging and tumultuous year that saw investor sentiment on the stock take a beating, Felda Global Ventures Holdings Bhd (FGV), is optimistic of emerging leaner and stronger this year riding on improved plantation sector performance and commodity prices.

Corporate News 03 Jan 2017 | 12:00 AM

PNB appoints Zarinah, Awang Adek, Yaakub and Soedirman as new board members

KUALA LUMPUR: Permodalan Nasional Bhd (PNB) has appointed Tan Sri Zarinah Anwar, Datuk Dr. Awang Adek Hussin, Datuk Dr. Mohd Yaakub Johari and Soedirman Aini as new members of the board of directors.

Business 03 Jan 2017 | 12:00 AM

Sarawak Consolidated gains from Pan Borneo Highway

KUCHING: Sarawak Consolidated Industries Bhd (SCIB) has secured contracts worth some RM30mil for the supply of precast concrete products to a majority of the 11 construction work packages under the Pan Borneo Highway project.

Corporate News 03 Jan 2017 | 1:03 AM

Trading ideas: CIMB, HeiTech, Cypark, Persona, SMTrack

KUALA LUMPUR: CIMB Group, HeiTech Padu,Cypark Resources, Persona Metro and SMTrack are among the stocks which could see trading interest on Tuesday after recent corporate news, says JF Apex Research.

Corporate News 03 Jan 2017 | 1:16 AM

KLCI off to cautious start for 2017 as Maybank, Axiata weigh

KUALA LUMPUR: The stock market got off to a cautious start for 2017 on Tuesday as the FBM KLCI slumped more than six points, weighed down by losses in Malayan Banking and Axiata Group.

Business 03 Jan 2017 | 1:41 AM

Breakfast briefing: Tuesday, January 3

Breakfast briefing: Tuesday, January 3

Corporate News 03 Jan 2017 | 1:46 AM

AmInvestment retains Buy on CIMB as more upside seen

KUALA LUMPUR: AmInvestment Research is keeping its Buy call on CIMB Group Holdings after it announced the sale of its entire stake in a Chinese banks for RM972mil..

Corporate News 03 Jan 2017 | 2:22 AM

Cypark remains an Add for CIMB Research

KUALA LUMPUR: CIMB Equities Research is maintaining its Add for Cypark Resources after its core earnings beat its estimates while the completion of the waste-to-energy (WTE) plant by end-2017 is the key potential re-rating catalyst.