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Corporate News

Profit taking on Public Bank, Tenaga drags KLCI into the red

KUALA LUMPUR: Profit taking on selected blue chips including Public Bank and Tenaga Nasional dragged the FBM KLCI into the red in early Friday trade.

Business

Breakfast briefing: Friday, March 25

Breakfast briefing: Friday, March 25

Property

SPB profit rises on one-off gain, 50 sen final dividend approved

KUALA LUMPUR: Selangor Properties Bhd’s (SPB) shareholders have approved the payment of a single-tier and final dividend of 50 sen a share to be paid on April 15, this year.

Business

Breakfast briefing: Thursday, March 24

Breakfast briefing: Thursday, March 24

Community

Agenda

PHOTO EXHIBITION: Visit Berjaya Times Square KL this weekend and catch a photo exhibition featuring 30 exhibits curated by the Department of Foreign Affairs, Trade and Development of Canada, from 10am to 10pm, at the lower ground, concourse area.

Business

SPB returns to local property after 15 years

KUALA LUMPUR: Selangor Properties Bhd (SPB) is making a comeback to the local property development scene after a lull of more than 15 years.

Business News

Malaysia’s billionaire list shrinks from 16 to 12 for 2016, says Forbes Rich List

KUALA LUMPUR: Malaysia’s rich list saw the number of billionaires shrink from 16 last year to 12 this year, according to Forbes Malaysia Rich List.

Corporate News

Bursa Securities reprimands and fines dealer’s rep

KUALA LUMPUR: Bursa Malaysia Securities Bhd has publicly reprimanded and imposed a fine of RM30,000 on Long Jin Seng for engaging in manipulative dealing activities in the securities of eight counters.

Business

Selangor Properties to buy land for RM32mil

KUALA LUMPUR: Selangor Properties Bhd (SelProp) has entered into a sale and purchase agreement (SPA) with Chong Khoon Lin Sdn Bhd to acquire four adjoining parcels of freehold land in Kuala Lumpur for RM32.2mil.

Property

Selangor Properties shares up on dividend payout

PETALING JAYA: Shares of Selangor Properties Bhd rose to a two-year high, following the company’s strong 2015 earnings and announcement that it will be rewarding shareholders with a dividend of 50 sen a share.