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Finance Ministry says Prokhas not appointed to assist 1MDB
PETALING JAYA: The Finance Ministry (MoF) said Prokhas Sdn Bhd is a company that has been providing advisory and consultancy services to the ministry and has not been appointed to assist 1Malaysia Development Bhd (1MDB).
Kit Siang slams duo's absence from PAC inquiry
KUALA LUMPUR: Several parliamentarians have slammed the excuses given for the absence of two key witnesses in Public Accounts Committee (PAC) inquiry into 1MDB.
China developer Evergrande classifies debt as equity
HONG KONG: China's Evergrande Real Estate Group has cut leverage on its balance sheet over the past two years to a third by classifying some of it as equity, according to analysts' calculations based on its public filings.
The race to get ready
While individuals look forward to the start of a new year, businesses, particularly small and medium enterprises (SMEs), are bracing for what could turn out to be a challenging year.
IJM Land in project tie-up
PETALING JAYA: IJM Land Bhd has entered into a strategic partnership with Singapore-based Perennial Real Estate Holdings Ltd (PREH) to acquire and develop a 32.76-acre freehold waterfront land in Gelugor, Penang, into a large-scale integrated mixed-use development.
Nod for Sabah project positive for Suria’s future earnings
PETALING JAYA: Kota Kinabalu-based port operator Suria Capital Holdings Bhd’s green light to finally develop the Jesselton Quay (JQ) in Kota Kinabalu, Sabah, is seen as a positive step for the company’s future earnings, according to analysts.
Act fast to resolve business issues: ACCCIM
The recent AGM of the Associated Chinese Chamber of Commerce and Industry of Malaysia saw 40 resolutions tabled, mostly touching on long-standing issues of the difficulty of doing business, reports HO WAH FOON.
CIMB raises Westports target price to RM4.61
KUALA LUMPUR: CIMB Equities Research upgraded its earnings per share (EPS) forecasts slightly on higher volumes, offset by lower average unit revenue.
Malakoff's dividend play
In times when there is volatility, risk averse investors try to look for avenues to get better returns for their investments. In trying to meet their objectives, we are starting a Stock to Watch column. The stock featured is an idea for long-term investors. We start with Malakoff Corp Bhd...
