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Business Premium

Who controls Media Prima?

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

Business

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.

Corporate News

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.

Business

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.

Business

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.

Business

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.

Business

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.

Business

Analyst Reports

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

Business

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.

Business

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.