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Analyst Reports 01 Nov 2017 | 12:00 AM

UEM Sunrise 'neutral', Homeritz 'buy', construction 'overweight'

UEM Sunrise Bhd is disposing 163.92 acres of freehold land in Iskandar Puteri to Country View Bhd for RM310mil. The proposed disposal is expected to be completed in the third quarter next year.

Construction 27 Oct 2017 | 12:00 PM

Highlights of Budget 2018 proposals

KUALA LUMPUR: The Budget 2018 unveiled by Datuk Seri Najib Tun Razak on Friday is broad based and encompasses all levels of the rakyat, SMEs, corporations while setting a stronger foundation for greater economic growth.

Property 05 Sep 2017 | 12:00 AM

Salcon profit expected to improve significantly in second half

PETALING JAYA: Salcon Bhd, a diversified water and wastewater engineering company, is expected to post a strong earnings improvement in the second half of this year, supported by contributions from the company’s construction business, according to CIMB Research.

Corporate News 23 May 2017 | 6:34 AM

Ranhill to up power generation capacity to 1,000 MW

KUALA LUMPUR: Ranhill Holdings Bhd, which is involved in water supply services and power sector, aims to increase its power generation capacity to 1,000 megawatts (MW) by 2020 from 380 MW currently.

Business 30 Mar 2017 | 12:00 AM

FMM: Defer and review Employment Insurance Scheme

KUALA LUMPUR: The Federation of Malaysian Manufacturers (FMM) is asking the Government to defer and review the implementation of the Employment Insurance Scheme (EIS) as it would be an added tax burden to employers and employees.

Commodities 27 Mar 2017 | 12:00 AM

Salcon sees profitable year driven by water and wastewater division

PETALING JAYA: Salcon Bhd, a diversified water and wastewater engineering company, expects its recent turnaround in the fourth quarter to sustain into the financial year ending Dec 31, 2017 (FY17).

Business 18 Feb 2017 | 12:00 AM

KPS sets its sights on international expansion

KUMPULAN Perangsang Selangor Bhd (KPS), which is 57.88% owned by the Selangor investment arm Kumpulan Darul Ehsan Bhd, is focusing on its international expansion following the completion of acquisitions that took place last year.

Business 28 Jan 2017 | 12:00 AM

Che Khalib says MMC’s assets surpass its debts

IN the last three years, Datuk Seri Che Khalib Mohamad Noh has slowly been working out his strategies for MMC Corp Bhd. A person who is widely seen as being able to not only restructure companies but also run a tight ship, Che Khalib sees MMC as being best positioned to benefit from the boom in online commerce.

Business 29 Sep 2016 | 12:00 AM

Investor eyes up to 20% stake in Resintech

PETALING JAYA: A new shareholder is believed to be surfacing in piping company Resintech Bhd, looking to capitalise on its piping capabilities and synergising with it to bid for large-scale projects, according to a source.

Corporate News 24 Jun 2016 | 12:50 AM

Delay in Selangor water plans slightly negative for Salcon

KUALA LUMPUR: CIMB Equities Research says the delays in the water consolidation in Selangor is slightly negative for Salcon’s tender book, as most of the group’s RM2bil jobs in tender are outside of Selangor.