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Corporate News 28 Nov 2016 | 11:39 PM

Shell mulls selling Iraq oil assets, Petronas holds some stake

LONDON: Royal Dutch Shell is considering selling out of its oil fields in Iraq as part of its global $30 billion asset disposal program, industry sources said on Monday.

Business 21 Oct 2016 | 1:33 AM

Breakfast briefing: Friday, October 21

Breakfast briefing: Friday, October 21

Business 21 Oct 2016 | 12:00 AM

MARC issues rating update on Sime Darby debts

PETALING JAYA: In line with Sime Darby Bhd’s recent asset disposal and share placement exercise, Malaysian Rating Corp Bhd (MARC) has issued a rating update on the group.

Business 01 Sep 2016 | 1:42 AM

Breakfast briefing: Thursday, September 1

Breakfast briefing: Thursday, September 1

Business 01 Sep 2016 | 12:00 AM

Parkson selling assets

PETALING JAYA: Parkson Holdings Bhd is in the final stages of discussions for an asset disposal, of which proceeds would be used to shore up its balance sheet. Its core retail business is facing strong competitive pressure, especially in China

Business 20 Aug 2016 | 12:00 AM

Sime moves to pare down debt

Saizen REIT may become its vehicle to raise funds via future asset monetisation

Corporate News 10 Aug 2016 | 12:42 AM

Taliworks earnings to surge in H2 of 2016, says CIMB Research

KUALA LUMPUR: CIMB Equities Research says Taliworks’ annualised 1H16 core net profit made up 60% to 62% of its and consensus full-year numbers.

Business 05 Jul 2016 | 12:00 AM

OldTown, Malaysian Resources,Astro Malaysia 'hold"

FOLLOWING OldTown Bhd’s share price gain, Maybank IB Research believes that the company’s stock is fairly valued with its near-term earnings potential largely in the price.

Corporate News 04 Jul 2016 | 1:01 AM

HLIB Research retains MRCB target price of RM1.22

KUALA LUMPUR: Hong Leong Investment Bank (HLIB) Research is retaining Malaysian Resources Corporation Bhd's (MRCB) target price of RM1.22 which is based on a rather stretched FY16 to FY17 price-to-earnings of 35 times and 36 times

Plantations 18 Jun 2016 | 12:00 AM

Boon or bane for Encorp?

Annual payments to its parent Felda for Bukit Katil township project in Malacca seem burdensome