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Business 07 Feb 2017 | 12:00 AM Premium

Marubeni ups profit forecast on solar asset sales

TOKYO: Japanese trading house Marubeni Corp has raised its profit and dividend forecasts for the current financial year due to gains from the sale of solar power assets and firmer metals prices.

Corporate News 07 Dec 2016 | 12:00 AM Premium

MAAG’s Philippines associate now a subsidiary

KUALA LUMPUR: MAA Group Bhd’s (MAAG) unit MAA International Assurance Ltd is increasing its equity interest in associate MAA General Assurance Philippines Inc and turning the general insurance firm into a subsidiary.

Corporate News 06 Dec 2016 | 10:06 AM Premium

MAA Group turns Philippine general insurance firm into a subsidiary

KUALA LUMPUR: MAA Group Bhd’s (MAAG) unit MAA International Assurance Ltd is increasing its equity interest in associate MAA General Assurance Philippines Inc and turning the general insurance firm into a subsidiary.

Business 29 Sep 2016 | 12:00 AM Premium

VS Industry upbeat about financial year 2017

PETALING JAYA: VS Industry Bhd expects a better performance in the financial year 2017 (FY17), driven by a new customer base to produce the Diamond-branded water filtration system as well as new orders for its in-house coffee-brewer model.

Business 12 Sep 2016 | 12:00 AM Premium

'Overweight' rating stays for construction sector

THE prospect for the construction sector is positive, driven by an anticipated core earnings growth of 15% year-on-year in 2017 due to record high order books for most companies.

Corporate News 27 Feb 2016 | 12:00 AM Premium

Carlsberg Q4 net profit rises to RM74.5mil

PETALING JAYA: Carlsberg Brewery Malaysia Bhd posted a 17.8% rise in net profit of RM74.48mil for the fourth quarter ended Dec 31, 2015 compared to the same quarter in the previous year.

Corporate News 26 Feb 2016 | 1:08 PM Premium

Carlsberg Q4 net profit rises to RM74.5mil

KUALA LUMPUR: Carlsberg Brewery Malaysia Bhd posted a 17.8% rise in net profit of RM74.48mil for the fourth quarter ended Dec 31, 2015 compared to the same quarter in the previous year.

Corporate News 25 Feb 2016 | 5:13 PM Premium

Taliworks exits China, gains solid waste concession in M’sia

KUALA LUMPUR: Taliworks Corp Bhd, realigning its strategy to focus on mature operational cash-generating utilities and infrastructure businesses, is selling its entire China investments - including concessions to operate five wastewater treatment plants and a waste transfer facility - for US$54.6mil (RM230.4mil).

Analyst Reports 25 Feb 2016 | 2:52 AM Premium

Strong dollar to boost Petronas Chemicals, says Maybank IB Research

KUALA LUMPUR : Petronas Chemicals Bhd (Pchem) is set to record a better financial performance in 2016 as the strong US dollar is set to boost its overall earnings, says Maybank IB Research.

Business 24 Feb 2016 | 12:00 AM Premium

Petronas Chemicals net profit rises to RM704mil

PETALING JAYA: Petronas Chemicals Group Bhd (PetChem) reported a net profit of RM704mil for its fourth quarter ended Dec 31, 2015, or a 40% increase from RM500mil a year ago.