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Business

Ukraine to do more business with M’sia

UKRAINE is going all out to do more business with Malaysia, and there can be no better opportunity for it to project itself, as Prime Minister Datuk Seri Dr Mahathir Mohamad begins his first official visit to the former Soviet republic today.

Business

CEO: Coastal geared for the BIMP EAGA market

COASTAL Contracts Bhd (Coastal), which is expected to be listed on the KLSE main board in August, is set to become a one-stop shipping service provider for the Brunei-Indonesia-Malaysia-Philippines East Asean Growth Area (BIMP EAGA).

Business

Time, AtlasONE get MMDS spectrum

TIME dotCom Bhd and AtlasONE Sdn Bhd have been awarded three blocks each of the coveted multimedia multipoint distribution service (MMDS) spectrum by the Malaysian Communications amp; Multimedia Commission (MCMC).

Business

AirAsia planning RM150mil bonds

AIRASIA Sdn Bhd, Asia#039;s only low-fare, no-frills airline, is in advanced negotiations with its merchant bankers on a RM150mil Islamic bond issue in three tranches. It could be rolled out as early as in September.

Business

IFCA MSC Bhd’s IPO to close on July 8

APPLICATIONS for IFCA MSC Bhd#039;s initial public offer will close on July 8 and its balloting is expected to be on July 12.

Business

MBf Capital shares may resume trading in September

MBf Capital Bhd expects trading in its shares to resume in September, said managing director Datuk Azizan Abdul Rahman.

Business

Carrefour signs MoU on new Kepong store

CARREFOUR Malaysia has signed a memorandum of understanding with BH Realty Sdn Bhd to open its ninth store at the Kepong Entrepreneurs#039; Park by the end of next year.

Business

FBO: Property development to bring in higher earnings

FURQAN Business Organisation Bhd (FBO) expects property development to make a significant contribution to its earnings starting next year, as the group starts development of part of the 700-acre land it inherited from the reverse takeover of Austral Amalgamated Bhd last year.

Business

US$50mil funding for AtlasONE project

AtlasONE Malaysia Sdn Bhd, a broadband service provider, and Kuwait-based International Leasing and Investment Company (ILIC), have signed an agreement to arrange funding to the tune of US$50mil (RM190mil) for the first phase of AtlasONE#8217;s broadband communication services in Malaysia.

ASEAN+

Japan blocks activists from islands

B>TOKYO:/BA long-running dispute over a remote group of islands controlled by Japan threatened to flare up yesterday after Japan's coast guard blocked an attempted landing on one of the islands by a group of Chinese activists.