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PETALING JAYA: Boustead Plantations Bhd has delivered a net profit of RM79.23mil for its second quarter ended June 30, compared with a net loss of RM22.24mil in the previous year’s corresponding quarter.
WITH the aim to turn Laguna Park, Precinct 2 at BioBay in Pulau Indah into a tourist spot, Central Spectrum (M) Sdn Bhd, the main property developer in Pulau Indah, is hoping to include a row of seafood restaurants along Jalan Samudera, Port Klang.
INCREASINGLY more companies are using perpetual securities as a means to raise funds. The papers are generally not rated and carry a high coupon rate, which makes it attractive to investors seeking higher yields.
WITH the market going into a corrective mode following rising uncertainties due to the US-China trade war, flight to safety has indeed been the theme since the beginning of the month as we saw global bond yields falling to levels depicting crisis like environment as central banks race to the bottom in cutting rates.