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PETALING JAYA: Malaysian corporate earnings forecast for this year has been cut on the back of lower second-quarter earnings and to reflect the current global economic uncertainties.
PETALING JAYA: Private healthcare provider KPJ Healthcare Bhd, part of Johor Corp, posted a marginal 3.41% increase in net profit to RM30.16mil for the quarter ended June 30 compared with the same quarter a year earlier on a corresponding increase in hospital revenue.
AT long last, a solution seems to have surfaced to address Johor Corp's (JCorp) debt woes. But there are still questions on whether this is the best option for the asset-rich but cash-strapped JCorp whose total debt as at the end of 2009 stood at RM6.62bil with only RM705mil in cash reserves.
PETALING JAYA: CI Holdings Bhd, which has just inked a deal to sell its subsidiary Permanis Sdn Bhd for a whopping RM820mil, is aggressively scouring the market for new assets that may or may not be in the food and beverage sector, persons familiar with the company said.
KUANTAN: Private hospitals were reminded of their responsibility of treating the sick first rather than placing profits above the rest said Mentri Besar Datuk Seri Adnan Yaakob.