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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).
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.
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.
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.
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...