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SP Setia subsidiary wins CIDB award

SETIA Precast Sdn Bhd, a subsidiary of SP Setia Bhd, has been recognised as the frontrunner for the construction industry, especially in adopting industrialised building system (IBS) technologies, said SP Setia chairman Tan Sri Abdul Rashid Abdul Manaf.

Investment banks sprouting

COMPETITION looks set to heat up in the investment banking industry. Bank Negara's joint announcement with the Securities Commission last month to enable universal brokers (UBs) to become investment banks (IBs) by merging with a discount house could add another four new players to the investment banking scene.

Pricing an issue in universal brokers’ purchase of discount houses

CAN universal brokers (UBs) look forward to better days ahead by merging with a discount house to become an investment bank (IB)?

UBs can become investment bankers

THE six universal brokers (UBs) in the country will now have the opportunity to become investment banks (IBs) following further liberalisation in the financial services sector.

Commercial property, REITs the big winners

THE commercial property sector and the real estate investment trusts (REITs) appeared to be the biggest winners from the Budget, which has proposed the setting up of a bumiputera property trust foundation, Yayasan Amanah Hartanah Bumiputera, as well as tax incentives for REITs.

FMM lauds RM1bil fund for SMEs

THE Federation of Malaysian Manufacturers (FMM) has lauded the move to establish the RM1bil capital fund for SMEs.

Budget provides RM5.7bil to develop infrastructure in rural areas

THE government will undertake proactive measures to develop physical infrastructure, especially in less developed areas.

ACPI seeks more overseas contracts

ACP Industries Bhd (ACPI) is looking at more overseas contracts to cushion the effect of a scarcity of local projects.

BPB aims for higher plasterboard exports

BPB Malaysia Gypsum Sdn Bhd aims to turn Malaysia into a net exporter of plasterboard with its newly-established plant at North Port, Klang, BPB managing director Paul McCrea told reporters.

MD: Good times ahead for building materials industry

MALAYSIA still offers good opportunities for Ajiya Bhd to establish itself as one of the leading industrial building system providers (IBS) in the country.