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Corporate News 10 Jun 2016 | 12:34 AM

CIMB Research retains Add for AWC, higher target price

KUALA LUMPUR: CIMB Equities Research is retaining its Add call for facilities management company AWC with a higher sum-of-parts based target price of RM1.19, after including its upgraded earnings forecasts.

Corporate News 09 Jun 2016 | 6:40 PM

Bursa highlights for Thurs, June 9

Among the companies that made notable announcements to Bursa Malaysia on Thursday were AWC, ECO WORLD, EONMETALL, MAGNA PRIMA, M'SIA BUILDING SOCIETY and TOP GLOVE,

Corporate News 09 Jun 2016 | 1:50 PM

AWC wins contract to maintain Tasik Selatan bus terminal

KUALA LUMPUR: AWC Bhd, an integrated facilities management service provider, has been awarded an RM130mil contract from the Government for the maintenance of Terminal Bersepadu Selatan (TBS) in Bandar Tasik Selatan.

Business 07 Aug 2014 | 6:40 AM

Time Warner to go it alone as Fox exits stage

NEW YORK: Time Warner Inc will not have to worry about any overtures from Twenty-First Century Fox for the foreseeable future.

Business 26 Jul 2014 | 7:12 AM

Fox seen selling CNN rather than spinning off despite tax bill

NEW YORK: If Twenty-First Century Fox succeeds in buying Time Warner Inc, it's likely to sell CNN and pay billions of dollars in taxes rather than go through the headaches of spinning the cable news channel off to shareholders of the merged company, according to people familiar with the matter.

Business 19 Oct 2013 | 12:00 AM

An unnecessary disaster spawns market fears

THE focus of concern of my last column (Oct 5) was how to identify and best manage risk emanating from the great growth deceleration in emerging Asia in the face of “Abenomic” expansionary thrusts and threat of QE (quantitative easing) tapering by US Fed which resulted in a massive withdrawal of funds from Asian markets.

Business 08 Mar 2013 | 12:00 AM

Once-proud Time Inc seen struggling as independent firm

NEW YORK: In giving up on its magazine business, Time Warner Inc is set to hand its shareholders an operation that has shrinking sales and profits - and will be looking for a new chief executive.

Business 14 Feb 2013 | 12:00 AM

Time Warner in talks with Meredith on magazines

NEW YORK: Time Warner Inc is in talks to sell the majority of its Time Inc magazine division to Meredith Corp, according to a source familiar with the situation.

Business 04 Feb 2013 | 12:00 AM

Malaysia-Market factors to watch on Feb 4(Monday)

KUALA LUMPUR: Following is a list of events in Malaysia as well as news company-related and market news which could have an influence on the local market.

Business 29 Aug 2012 | 12:00 AM

ESPN in US$5.6bil deal for baseball TV rights

NEW YORK: The ESPN sports network agreed to pay Major League Baseball US$5.6 billion over eight years for a package of television and digital rights through the 2021 season, a deal that reflects the strong demand for live sports content.