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Business

Maybank plays down collateral for loans to SMIs

COLLATERAL would not be Malayan Banking Bhd#039;s (Maybank) principal criteria for approving loan applications by small- and medium-sized industries (SMIs) as greater emphasis would be placed on business viability, realistic business plans, business environment and competition.

Business

NV Multi sees RM115mil sales from new product

NV MULTI Corp Bhd expects sales of RM115mil this year from its newly launched bereavement care insurance plan in collaboration with Great Eastern Life Assurance (M) Bhd.

Business

EON Bank gears for merger

EON Bank group has reorganised its operations in preparation for the imminent merger of its banking and finance entities.

Business

Four new McDonald's outlets this year

GOLDEN Arches Restaurants Sdn Bhd, the operator of McDonald's Malaysia, is planning to franchise 4 new outlets in peninsular Malaysia this year and projects 25 more franchised outlets over the next 3 years.

Business

Ta Ann to invest RM20mil in seventh plywood line

TA Ann Plywood Sdn Bhd is to have its seventh plywood production line, said Ta Ann Holdings Bhd group managing director Wong Kuo Hea.

Business

MAS signs several deals on fuel supply

MALAYSIAN Airline System Bhd (MAS) has signed several contracts worth RM644.1mil annually with Petroliam Nasional Bhd subsidiary Petronas Dagangan Bhd for the supply of jet A-1 fuel at 10 local airports.

Business

CPA Australia to give more seminars on accountancy

CPA Australia Malaysia Division intends to further strengthen professionalism among its members this year through well structured and intensive seminars and workshops.

Business

TA unit gets go-ahead to buy brokerage businesses

TA ENTERPRISE Bhd said unit Botly Securities Sdn Bhd has obtained Securities Commission (SC) approval to buy the brokerage businesses of Borneo Securities Sdn Bhd, Kota Bahru Securities Sdn Bhd and TA Securities Sdn Bhd.

Business

Naim Cendera gets go-ahead to list on KLSE main board

SARAWAK-BASED bumiputra property developer Naim Cendera Holdings Bhd has obtained the Securities Commission#039;s approval to go for listing on the KLSE main board.

Business

Protasco unit gets Sarawak road contract

PROTASCO Bhd#039;s wholly-owned subsidiary HCM Engineering Bhd has secured a 15-year road maintenance contract in Sarawak which is expected to contribute RM15mil per annum in additional revenue for the group.