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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.
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.
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.
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.
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.
Port Dickson fishermen still eke out a living from fisheries but they fear the reclamation of six offshore islands may destroy fishing grounds which already have to vie for space with tourist chalets built atop water.
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.
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.
KNIGHT Frank Malaysia, which has established a strong presence in the local market, will be responsible for the marketing of Kuala Lumpur Golf Country Club#8217;s (KLGCC) upcoming residential property project comprising 128 upmarket resort villas.
SUNWAY City Bhd (SunCity) is confident of performing well this year with the return of buying interest in the property market, especially for residential properties, said chairman Tan Sri Jeffrey Cheah.