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Business

YTL set to be major dividend player

YTL Corp Bhd is positioning itself to become a major dividend player following changes in the diversified group’s structure.

Business

IHH Healthcare locks in cornerstones for IPO

Blackrock Inc , Capital Group and Och-Ziff Capital Management Group have emerged as cornerstone investors in the US$2bil listing of Malaysia's IHH Healthcare Bhd, according to two sources with direct knowledge of the flotation.

Business

RHB Research maintains market perform on UEM Land, FV RM2.18

RHB Research is keeping its fair value for UEM Land at RM2.18 and maintaining it as a market perform.

Business

What the developers say about Iskandar projects

THE following are snippers from Klang Valley developers who have projects in Iskandar Malaysia.

Nation

CREST to get RM100mil boost from Govt

GEORGE TOWN: The Federal Government will allocate RM100mil for the newly-formed Collaborative Research in Engineering, Science and Technology Centre (CREST) to help accelerate growth in the electrical and electronics (E & E) industry.

Other Sport

Formula One joins other firms in hitting IPO brakes

LONDON/SINGAPORE (Reuters) - Motor sport racing company Formula One has delayed its Singapore initial public offer worth up to $3 billion, the fifth big Asian IPO to be postponed or pulled in a week, as weak markets bring the global market for new listings to a shuddering halt.

Business

IHH Healthcare institutional price fixed at RM2.80 (Update)

IHH Healthcare Bhd's institutional price has been fixed at RM2.80 per share following the completion of the bookbuilding under the global institutional tranche.

Community

Cream of the crop

Sunway Bhd’s property arm was recognised as one of Malaysia’s top 10 property developers for the second consecutive year at the recent BCI Asia Awards 2012 — Malaysia.

Other Sport

Formula One joins other firms in hitting IPO brakes

LONDON/SINGAPORE (Reuters) - Motor sport racing company Formula One has delayed its Singapore initial public offer worth up to $3 billion, the fifth big Asian IPO to be postponed or pulled in a week, as weak markets bring the global market for new listings to a shuddering halt.

Business

Can MAS make it on its own?

After its share swap deal with AirAsia has been unravelled, analysts are sceptical on MAS future odds. However, its chairman Tan Sri Md Nor Yusof sees a silver lining in the dark clouds.