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Business

Stabilised corn and soybean prices good for KFCH bottomline

DESPITE having its bottom-line hit by rising commodity prices and the recurring avian flu outbreak in the region, KFC Holdings (M) Bhd, group managing director Datuk Johari Abdul Ghani remains unfazed. He tells i>StarBiz/ijournalist ELAINE ANG about the group's strategy to overcome the challenges faced.

Business

KFCH: High prices of feed temporary setback

KFC Holdings (Malaysia) Bhd (KFCH) sees the high corn prices as a temporary setback that should not affect its financial performance this yea, group managing director Datuk Johari Abdul Ghani said.

Business

Asset-light way to higher profits

AIRLINES that don#146;t own a single plane; hoteliers who don#146;t build hotels; bankers without bank offices: a trend is developing among a growing number of companies which believe that freeing capital from assets like real estate and machinery can yield them higher returns.

Business

MARC assigns A+ID rating to Ingress Sukuk’s issuance

Malaysian Rating Corp Bhd (MARC) has assigned a rating of I>A+ID /I>(A plus, Islamic Debt) to Ingress Sukuk Bhd's (ISB) proposed RM160mil I>Sukuk Al Ijarah/Iissuance.

Business

IDB group extending Sukuk financing

THE Islamic Development Bank group (IDB group) is extending its I>Sukuk/Ifinancing services, which could reach up to US$60mil (RM228mil), to the corporate sector in Malaysia, according to vice-president (operations) Dr Amadou Boubacar.

Business

KFCH, EPF sign S&P and lease agreement of Wisma KFC

KFC Holdings (Malaysia) Bhd (KFCH) has entered into a sale and purchase agreement and lease agreement with the Employees Provident Fund (EPF) for the proposed sale and leaseback of Wisma KFC.

Business

Unearthing hidden gems in government-linked companies

MUCH has been said of the recently-introduced Key Performance Index (KPI), but little is known of the potential impact of its implementation on the 40-odd Government-linked companies (GLCs) involved. Starting from today, I>StarBiz/Iwill examine some of these GLCs and look at what lies beyond the KPI-led exercise.

Business

EVA Airways raising cash for payment on Boeing jets

EVA Airways Corp., Taiwan's second largest airline, said Thursday it plans to raise between 4 billion New Taiwan dollars (US$121 million) and NT$5 billion (US$151 million) by the end of the third quarter to help cover its down payment on 15 Boeing Co. aircraft.

Business

Stronger SunCity after overhaul

SUNWAY City Bhd (SunCity) will be reaping stronger earnings now that the group has refocused itself in its forte, property development, after the completion of its corporate restructuring and re-capitalisation exercise.

Business

Inch Kenneth unit leasing land from Cepco for RM14.8mil

PROMINENT Mirage (M) Sdn Bhd, a wholly-owned subsidiary of Inch Kenneth Kajang Rubber Public Ltd Co (IKK), has entered into a conditional sale and purchase agreement (SPA) and a conditional leaseback arrangement for the lease of 11.344 acres of industrial land with office building in Mukim Serendah, Ulu Selangor from Concrete Engineering Products Bhd (Cepco) for RM14.875mil.