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Business 17 Jun 2019 | 11:37 PM

Thai oil company to acquire Portugal's Partex Holding for US$622mil

BANGKOK: Thai oil and gas firm, PTT Exploration and Production Pcl said on Monday it would buy Partex Holding B.V. from Libson-based Calouste Gulbenkian Foundation for $622 million, its latest acquisition of upstream and midstream assets

Business 18 Jun 2019 | 12:00 AM

Only 28% of Malaysian workers have a will

KUALA LUMPUR: Only two million people, or about 28% of the total seven million people that make up the working population in Malaysia, have a will, according to MWD Wills Depository Sdn Bhd.

Business 18 Jun 2019 | 3:43 AM

UOB Malaysia launches Shariah wealth management solution

KUALA LUMPUR: United Overseas Bank (Malaysia) Bhd has launched a three-pillar, Shariah compliant wealth management solution to help affluent customers save, grow and protect their wealth.

Business 20 Jun 2019 | 12:00 AM

UDA to launch mixed development project in Johor

JOHOR BARU: UDA Holdings Bhd will be launching its multi-million ringgit mixed development project in Bandar Penawar, Kota Tinggi in the first quarter of next year.

Business 20 Jun 2019 | 1:23 AM

Paramount Corp selling education business for RM540.5m cash

KUALA LUMPUR: Paramount Corporation Bhd is selling its education business to Two Horses Capital Sdn Bhd which is owned by Tunku Ali Redhauddin and Datuk Ganendran Sarvananthan.

Business 20 Jun 2019 | 2:13 AM

Quick take: Paramount rises 5.7% on disposal of education business

KUALA LUMPUR: Paramount Corp Bhd rose 5.7% in early trade Thursday after the group announced its plan to dispose of its education business for RM540.50mil cash.

Business 20 Jun 2019 | 4:59 AM

KLCI, ringgit trend higher on rate cut hopes

KUALA LUMPUR: The FBM KLC gained 2.27 points to 1,668.81 in Thursday morning trading as investors expect global central banks to join in a wave of monetary easing while the resumption of US-China trade talks also offered a lift.

Business 21 Jun 2019 | 12:00 AM

Paramount sells education ops; plans to be property group

PETALING JAYA: Paramount Corp Bhd is slowly monetising its assets in the education business and entrenching itself in the property sector, in line with its strategic plan of becoming a pure-play property group.

Business 21 Jun 2019 | 1:06 AM

Trading ideas: Kerjaya Prospek, Boustead, KKB Engineering, Poh Kong, Paramount

KUALA LUMPUR: Kerjaya Prospek Group Bhd, Boustead Holdings Bhd, KKB Engineering Bhd, Poh Kong Holdings Bhd and Paramount Corp Bhd are among ths stocks to watch on Friday, according to JF Apex Research.

Business 22 Jun 2019 | 12:00 AM Premium

Paramount looking at monetising RM690mil assets

Paramount Corp Bhd’s move to re-strategise its investments by gradually moving out of education and putting more money into property development may appear countercyclical at the moment, to say the least.