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Business 15 Nov 2016 | 12:00 AM

Weak ringgit to impact 5 sectors

PETALING JAYA: Exporters are back on investors’ radars, following the recent steep decline in the value of the ringgit against the greenback after the United States presidential election last week. However, there is no rush yet to pick up bargain stocks on Bursa Malaysia.

Corporate News 21 Oct 2016 | 12:14 AM

CIMB Research underweight on auto sector, DRB-Hicom top pick

KUALA LUMPUR: CIMB Equities Research stays Underweight on the Malaysia auto sector as consumer spending is soft as they refrain from buying big ticket items as reflected in total industry volume (TIV) of vehicles which is down on-year and at its weakest since 2009.

Auto 07 Oct 2016 | 12:00 AM

RM47mil BAuto shares traded off-market

PETALING JAYA: A slice of Berjaya Auto Bhd (BAuto) shares worth RM47mil were crossed off-market yesterday, with sources reckoning that the buyers could be the management of the company and Permodalan Nasional Bhd (PNB).

Business 09 Sep 2016 | 1:29 AM

Breakfast briefing: Friday, September 9

Breakfast briefing: Friday, September 9

Corporate News 09 Sep 2016 | 12:46 AM

CIMB Research cuts Berjaya Auto EPS on lower growth

KUALA LUMPUR: CIMB Equities Research has reduced Berjaya Auto Bhd’s (BAuto) earnings per share (EPS) for FY17 to FY19 by 3.4% to 11.8% due to the lower volume growth in FY17.

Business 09 Sep 2016 | 12:00 AM

Berjaya Auto unit seeks listing in the Philippines

PETALING JAYA: Berjaya Auto Bhd (BAuto) said its unit in the Philippines is seeking a listing on the local bourse, even as the Mazda vehicles distributor warns of tougher operating conditions at home and abroad.

Corporate News 08 Sep 2016 | 11:46 AM

BAuto’s Philippine distribution arm eyes listing

KUALA LUMPUR: Berjaya Auto Bhd’s (BAuto) 60.4%-owned subsidiary Bermaz Auto Philippines Inc (BAP) plans to seek a listing on the Main Board of the Philippine Stock Exchange.

Nation 20 Apr 2016 | 12:00 AM

Aiming for roaring success in ACS

KUALA LUMPUR: Malaysia is aiming to bag 15 gold medals in the 11th Asean Skills Competition (ACS), which it will host in September.

Auto 16 Apr 2016 | 12:00 AM

Ben and his quantum leap move

THE move to acquire the majority of Berjaya Corp Bhd’s (BCorp) stake in car distributor Berjaya Auto Bhd (BAuto) by the latter’s management, led by Datuk Seri Ben Yeoh (caricature), is seen by many as somewhat of a “quantum leap” for the Mazda head honcho.

Business 13 Apr 2016 | 12:00 AM

BCorp plans to sell stake in BAuto to SPV for RM766.75mil

PETALING JAYA: Diversified group Berjaya Corp Bhd (BCorp) is selling its 21.88% interest in Berjaya Auto Bhd (BAuto) to a special purpose vehicle (SPV) that will be controlled by the management of the automotive company in a deal valued at RM766.75mil or RM2.10 per share.