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Business 17 May 2011 | 12:00 AM

Billionaire Syed Mokhtar to list three of his MMC units worth RM13bil

KUALA LUMPUR: MMC Corp Bhd - a company owned by billionaire Tan Sri Syed Mokhtar Al-Bukhary - will spin off three of its subsidiaries worth a total of RM13bil for a listing either this or next year.

Business 24 May 2011 | 12:00 AM

Gas M’sia – a growth story

WITH rosy prospects, Gas Malaysia Sdn Bhd - a unit of MMC Corp Bhd - will make a compelling growth story for investors upon listing, according to analysts. Eventually, it may even rank high as a sound dividend-yielding stock. 'It will be a period of growth for Gas Malaysia for the next two to three years, especially with more gas supply coming into place as the liquefied natural gas (LNG) plant in Malacca is getting ready,' OSK Research head Chris Eng(pic) told i>StarBiz/i>.

Business 25 Jun 2011 | 12:00 AM

Genting making inroads into overseas markets

YOU cannot accuse Genting Malaysia Bhd of allowing its cash pile to remain idle. Not when it is busy ploughing funds into its global expansion programme.

Business 09 Jul 2011 | 12:00 AM

Divesting interest in GLCs

A measure to define the Government's role in business, improve liquidity in capital market and provide more private investment opportunities

Business 07 Sep 2011 | 12:00 AM

BRDB deal may be bad for minority shareholders, some analysts say

PETALING JAYA: Analysts are mixed on the related-party transaction announced by Bandar Raya Developments Bhd (BRDB), involving its major shareholder Ambang Sehati Sdn Bhd, which has proposed to acquire selected investment assets, including The Bangsar Shopping Centre, Menara BRDB, CapSquare Retail Centre and Permas Jusco Mall.

Business 28 Oct 2011 | 12:00 AM

Yahoo, bidders at impasse over nondisclosure

NEW YORK (Reuters) - Despite all the rumored interest in Yahoo Inc, progress on a deal has hit a brick wall mainly due to the company's lack of strategy and restrictive confidentiality agreement, people familiar with the situation said.

Business 12 Apr 2012 | 12:00 AM

Billion-ringgit tower atop LRT station

PETALING JAYA: In what may be Syarikat Prasarana Negara Bhd’s most ambitious project yet to unlock value from its real estate, the national public transport operator is partnering with a developer to build a billion-ringgit tower atop its Dang Wangi light rail transit (LRT) station.

Community 13 Apr 2012 | 12:00 AM

Not practical to abolish PTPTN

BENTONG: Undergraduates are only paying about 30% of the total cost of their tertiary education in public universities while the balance is subsidised by the Government.

Community 28 Apr 2012 | 12:00 AM

GWGF hold roadshows to brief Felda settlers on listing

BENTONG: A series of roadshow by Gabungan Wawasan Generasi Felda (GWGF) have succeeded in opening up investment opportunities for the settlers in rural areas.

Business 28 Apr 2012 | 12:00 AM

Maybank Islamic eyes region

THE buzz of activity at Maybank Islamic Bhd is a sign that’s most welcome to its CEO Muzaffar Hisham. It is the largest Islamic bank in the country which had seen assets grow to US$23bil (RM70.32bil) at the end of last year and the hectic movement within the corridors of the bank is an indication of the momentum it has built.