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KUALA LUMPUR: Retirement Fund Inc (KWAP) expects its fund size to hit RM100bil by year-end from RM93bil currently.
KUCHING: The State Financial Secretary Sarawak (Incorporation) (SFSS) will emerge as the single largest shareholder of Bintulu Port Holdings Bhd (BPHB) after it subscribes for 60 million new shares under a placement exercise for RM399mil.
KUALA LUMPUR: In the latest foray of Malaysian funds into the prime London property market, Kumpulan Wang Persaraan (KWAP) or Retirement Fund Inc and Lembaga Tabung Haji (LTH) have bought into trophy office building 88 Wood Street, London EC2 and 151 Buckingham Palace Road, respectively, sources said.
Kumpulan Wang Persaraan (Diperbadankan) reported gross investment income rose 21.9% to RM4.33bil in the third quarter ended Sept 30, 2012 from RM3.55bil a year ago.
SELLING the Malaysia Airlines (MAS) growth story after so many turnarounds and restructuring can be tough call. It is tougher when the airline is calling a rights issue to raise RM3.1bil at a time when it is still not out of the woods, and reported only a small net profit of RM37mil for the third quarter of 2012.