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Research house lowers AirAsia target price

KUALA LUMPUR: CIMB Equities Research has lowered its target price for AirAsia Group Bhd to RM1.82 from RM2.12 a share as it expects crude oil prices to climb while higher airport charges may hurt demand

CIMB Research lowers AirAsia TP to RM1.82 on higher oil price, airport charges

KUALA LUMPUR: CIMB Equities Research has lowered its target price for AirAsia Group Bhd to RM1.82 from RM2.12 as it expects crude oil prices to climb while higher airport charges may hurt demand.

AirAsia sells 25 aircraft for RM3.22bil

PETALING JAYA: AirAsia Group Bhd is disposing of 25 aircraft to US private investment firm Castlelake LP in a deal worth US$768mil (RM3.22bil).

Analysts expect more special dividends from AirAsia

AIRASIA Group Bhd may have kept its word on paying a special dividend after its asset sale, but it falls short of what analysts had expected.

AirAsia declares 40 sen dividend a share after Q3 FY18 net profit surges

KUALA LUMPUR: Low-cost carrier AirAsia Bhd declared an special dividend of 40 sen a share as its net profit jumped 81.2% in the third quarter ended Sept 30, 2018. The dividend will go ex on Dec 12.

Media Prima gets the nod

KUALA LUMPUR: Shareholders of Media Prima Bhd have voted in favour of the media group’s plans for the sale and leaseback of its properties in Shah Alam and Bangsar.

Paramount quarterly net profit at RM15.62mil

PETALING JAYA: Paramount Corp Bhd’s net profit in the third quarter ended Sept 30 came in at RM15.62mil, 81% lower than in the previous year’s quarter due to a gain on disposal completed in the earlier quarter.

Paramount posts Q3 net profit of RM15.62m

KUALA LUMPUR: Paramount Corp Bhd's net profit in the third quarter ended Sept 30 came in at RM15.62mil, 81% less than in the previous year's quarter due to a gain on disposal completed in the earlier quarter.

StarBiz Premium

Who controls Media Prima?

MEDIA Prima Bhd has always been synonymous with the political party Umno, and with the federal government in Putrajaya.

Improving national fund manager’s future

THERE is great interest in how Tan Sri Zeti Akhtar Aziz will perform as the chairman of Permodalan Nasional Bhd (PNB). Any doubts from the public engagement perspective, however, were soon cast aside as the ease and confidence of her message was second nature for a person once named the world’s best central banker.