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KUALA LUMPUR: RAM Ratings sees the implementation of incentive-based regulation, similar to that of Tenaga Nasional Bhd, as favourable to NUR Power Sdn Bhd.
THE dollar tumbled to a three-year low of 89.391 (against a basket of major currencies) on Thursday, having lost 1.30% of its value over the week after US Treasury Secretary Steve Mnuchin said that a weaker dollar is favourable for the US as “it relates to trade and opportunities”.
KUALA LUMPUR: RAM Ratings foresees Mydin Mohamed Holdings Bhd reporting better earnings in the financial year ending March 31, 2018 after the disposals of mini markets and stores.
KUALA LUMPUR: RAM Ratings has reaffirmed the AAA(fg)/stable rating of Great Realty Sdn Bhd’s RM170mil medium-term notes (MTN) programme but was cautious about its debt level.
KUALA LUMPUR: Khazanah Nasional has appointed Ahmad Zulqarnain Onn and Tengku Datuk Seri Azmil Zahruddin Raja Abdul Aziz as deputy managing directors with effect from Jan 1, 2018.