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KUALA LUMPUR: The construction of UMW Toyota Motor Sdn Bhd’s new RM2bil vehicle manufacturing plant in Bukit Raja, Klang, does not require any debt undertaking and will solely be financed by internal funds, said UMW Toyota president Datuk Ismet Suki.
KUALA LUMPUR: Foreign funds, which had been net buyers in recent weeks, turned net sellers on Wednesday while local institutions and local retail investors stepped up their buying.
KUALA LUMPUR: Foreign funds were net sellers on Bursa Malaysia in the week ended Nov 9 at RM182.90mil and raised the total net outflow since January to RM9.9bil, according to MIDF Research.
KUALA LUMPUR: The government needs to find other sources of funds to pay its debt, including imposing new taxes and selling some of its assets, says Prime Minister Tun Dr Mahathir Mohamad.
SEOUL: For some emerging-market funds, Asia’s beaten-down assets aren’t yet cheap enough.
KUALA LUMPUR: Public Mutual has declared distributions of more than RM233mil for 10 of its funds for the financial year ended July 31, 2018.
PETALING JAYA: Foreign funds took out a net amount of RM1.75bil from the local stock market last week, the highest weekly withdrawal since August 2013, according to MIDF Research.
KUALA LUMPUR: Foreign funds have reduced their shareholdings of equities on Bursa Malaysia in the week ended Nov 17, with net selling rising to RM300mil, according to MIDF Research.