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Maybulk remains cautious for 2017 amid volatile dry bulk market
KUALA LUMPUR: Despite improving conditions in the industry, Malaysian Bulk Carriers Bhd (Maybulk) remains cautious on its outlook for the year as the index for the dry bulk remains very volatile.
PPB keeps cinema business
KUALA LUMPUR: Despite some challenges, PPB Group Bhd will remain focused on the Malaysian consumer market. It will neither sell its Golden Screen Cinemas Group (GSC) nor raise prices of its consumer products such as bread and flour.
The Kuok alliance in the early days with the Tans
THE Tan brothers – who co-founded IGB Corp Bhd – made their early fortunes from trading. However, according to some corporate veterans, the duo learnt the ropes of trading from “sugar king” Robert Kuok Hock Nien.
Twelve Malaysians on Forbes’ 2017 super rich list
KUALA LUMPUR: Twelve Malaysians made it to Forbes’ latest annual ranking of the world’s billionaires.
Tiong Nam’s regional trucking push
TIONG Nam Logistics Holdings Bhd, which started cross-border trucking in early 2000, is now planning for longer routes cutting through Thailand, Vietnam and Laos to reach China.
Malaysia’s most wealthy people in the spotlight
IN a year in which tycoons and their businesses faced headwinds both locally and globally, fortunes were made and lost by the nation’s wealthiest.
PPB earnings up 29.4% on higher contribution from Wilmar
PETALING JAYA: Conglomerate PPB Group Bhd recorded RM381.4mil in earnings for the third quarter ended Sept 30, 2016, a 29.4% increase from the same quarter a year ago, largely due to higher profit contribution from Singapore-listed associate Wilmar International Ltd.
PPB mulls sale of GSC estimated at RM2bil
PETALING JAYA: PPB Group Bhd, controlled by tycoon Robert Kuok, is considering various “strategic options” for all its businesses with a view to optimise its shareholders’ value.
