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Naim Holdings plans to lift Dayang stake
KUCHING: Naim Holdings Bhd plans to increase its stake, currently at 36%, in associate oil and gas firm, Dayang Enterprise Holdings Bhd, said Naim managing director Datuk Hasmi Hasan.
AMMB Q1 net profit increases 42.6%
AMMB Holdings Bhd's net profit for the first quarter ended June 30 increased by 42.6% to RM368.3mil, compared to the same period last year.
AMMB Q1 profit surges 43%
PETALING JAYA: AMMB Holdings Bhd#8217;s net profit for the first quarter ended June 30, 2010 increased 42.6% to RM368.28mil from RM258.24mil a year earlier while revenue increased to RM1.70bil from RM1.57bil previously.
TA Enterprise’s Q2 net profit declines 67%
PETALING JAYA: TA Enterprise Bhd's second quarter ended July 31 net profit fell 67% to RM10.4mil from RM31.8mil a year ago despite higher revenue.
TA Enterprise to launch projects worth RM2bil next year
KUALA LUMPUR: TA Enterprise Bhd plans to launch a few property projects with a total gross development value (GDV) of over RM2bil next year due to an improving real estate market, said managing director and chief executive officer Datin Alicia Tiah.
Due diligence probe is a must in current uncertain economic situation
AS an investor or a buyer embarking on a merger and acquisition exercise, one of the first steps he will invariably be advised to do is to carry out a due diligence investigation on the target entity.
Slight drop in Affin profit
Affin Holdings Bhd recorded a marginal decrease of 0.87% in net profit to RM91.6mil for the first quarter ended March 31 versus RM92.4mil in the previous corresponding quarter.
AMMB set to exceed FY10 profit forecast
PETALING JAYA: AMMB Holdings Bhd is poised to exceed its own profit forecast for the financial year ending March 31, 2010 (FY10), buoyed by a strong performance in the first six months, the country's fifth biggest banking group said.
RAM Ratings reaffirms OSK Investment Bank's ratings
RAM Rating Services Bhd has reaffirmed OSK Investment Bank Bhd's long- and short-term financial institution ratings at A1 and P1, respectively.
Sharp receivables growth lifts AEON profit
PETALING JAYA: AEON Credit Service (M) Bhd recorded a higher net profit of RM34.9mil for its quarter ended Nov 20, compared with RM25.5mil recorded in the previous corresponding quarter.
