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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.

Analyst Reports

Kenaga positive on OCK's Philippines collaboration

KUALA LUMPUR: Kenanga Research is positive on OCK Group Bhd's announcement that it has signed an MoU with ISCO to jointly pursus the telecom tower business in the Philippines.

Business

OCK unit ventures into telecom tower business in the Philippines

PETALING JAYA: Telecommunication network services provider OCK Group Bhd’s 60%-owned subsidiary OCK Vietnam Towers Pte Ltd has entered into an MoU with ISOC Infrastructures, Inc to pursue opportunities in the telecommunications tower business in the Philippines.

Corporate News

OCK teams up with ISCO for Philippines venture

KUALA LUMPUR: Telecommunications network solutions provider OCK Group Bhd has entered a memorandum of understanding with ISCO Infrastructures Inc to pursue tower business opportunities in the Philippines.

SMEBiz

Making buy-to-lease work

THE buy-to-lease model is a relatively common trend in the property and real estate industry, particularly for commercial assets.

Business

Wah Seong banks on high order book

PETALING JAYA: Wah Seong Corp Bhd expects the surge in new contracts secured in 2017 to underpin the group’s earnings growth in the financial year ending Dec 31, 2018 (FY18).