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Media Prima sells Balai Berita Bangsar

KUALA LUMPUR: Media Prima Bhd has entered into a deal with PNB Development Bhd to sell and leaseback New Straits Times Press (Malaysia) Bhd's Balai Berita Bangsar and printing plant in Shah Alam for RM280mil.

Paramount Q2 earnings 134% higher on disposal of land

PETALING JAYA: Paramount Corp Bhd’s net profit for the second quarter to June 30, 2018 jumped 133.92% to RM42.3mil mainly attributable to the disposal of 9.4 acres of industrial land in Kota Damansara (KD). Without this contribution, profits would have been slightly lower.

MAS mulls options to finance aircraft purchases

PETALING JAYA: Malaysia Airlines Bhd (MAS) is looking into a few options, including bank borrowings, to finance the acquisition of nine Boeing 737 MAX planes. Group chief executive officer Izham Ismail said this was among the options it was looking at.

Malaysia Airlines taps lenders for first jet financing since restructuring

KUALA LUMPUR/SINGAPORE: Malaysia Airlines Bhd is tapping banks to fund about nine Boeing 737 MAX planes in what will be the carrier's first jet financing with lenders since it was restructured more than three years ago, sources familiar with the situation said.

Malaysia Airlines taps lenders for first jet financing since revamp

KUALA LUMPUR/SINGAPORE: Malaysia Airlines Bhd is tapping banks to fund about nine Boeing 737 MAX planes in what will be the carrier's first jet financing with lenders since it was restructured more than three years ago, sources familiar with the situation said.

Analyst Reports

Gamuda Bhd, MISC Bhd, Axis Real Estate Investment Trust and construction sector.

Higher fuel prices to pressure AirAsia’s earnings

KUALA LUMPUR: CIMB Equities Research expects higher fuel prices to pressure AirAsia Group Bhd’s (AAGB) earnings as it only hedged about 12% of its FY18F jet fuel needs at US$68.55 per barrel.

OCK 'outperform', VS Industry 'buy', Titijaya 'buy', Oceancash 'add'

OCK’s proposed collaboration with ISOC Infrastructures Inc (ISOC) to pursue the telecom tower business in Philippines is a welcome development.

Kenaga positive on OCK's Philippines collaboration

KUALA LUMPUR: Kenanga Research is positive on OCK Group Bhd's announcement that it has signed an MoU with ISCO to jointly pursus the telecom tower business in the Philippines.

OCK unit ventures into telecom tower business in the Philippines

PETALING JAYA: Telecommunication network services provider OCK Group Bhd’s 60%-owned subsidiary OCK Vietnam Towers Pte Ltd has entered into an MoU with ISOC Infrastructures, Inc to pursue opportunities in the telecommunications tower business in the Philippines.