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PETALING JAYA: Even with Bursa Malaysia barring the Employees Provident Fund (EPF) from voting for the mega banking merger involving CIMB Holdings Group Bhd, RHB Capital Bhd and Malaysian Building Society Bhd (MBSB), analysts opine there is still a possibility of securing the required threshold level of 50% plus 1 share to approve the deal, .
KUALA LUMPUR: Fund selling of index-linked stocks, BAT, Petronas Dagangan, Genting Bhd and HLFG dragged the FBM KLCI down nearly three points at midday on Monday.
PETALING JAYA: Malaysia Airports Holdings Bhd (MAHB)’s acquisition of Istanbul Sabiha Gokcen International Airport (ISG) for RM1.18bil is credit negative, despite the rights issue financing, according to Moody’s Investors Service.
PETALING JAYA: Arie Irawan Fauzi was told that he has been included in the playing field for the King’s Cup, which gets under way on Thursday at the Singha Park Khon Kaen Golf Club in Thailand.
KUALA LUMPUR: Telekom Malaysia Bhd’s dividend policy for next year would not be impacted by its capital expenditure requirements for its High Speed Broadband Phase 2 (HSBB2) rollout, according to group chief executive Officer Tan Sri Zamzamzairani Mohd Isa (pic).