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Kumpulan Wang Persaraan (Diperbadankan) (KWAP) recorded a 21% increase in gross investment income of RM2.84bil in the second quarter of 2012 compared with RM2.34bil a year ago.
SELLING the Malaysia Airlines (MAS) growth story after so many turnarounds and restructuring can be tough call. It is tougher when the airline is calling a rights issue to raise RM3.1bil at a time when it is still not out of the woods, and reported only a small net profit of RM37mil for the third quarter of 2012.
Kumpulan Wang Persaraan (Diperbadankan) reported gross investment income rose 21.9% to RM4.33bil in the third quarter ended Sept 30, 2012 from RM3.55bil a year ago.
KUALA LUMPUR: In the latest foray of Malaysian funds into the prime London property market, Kumpulan Wang Persaraan (KWAP) or Retirement Fund Inc and Lembaga Tabung Haji (LTH) have bought into trophy office building 88 Wood Street, London EC2 and 151 Buckingham Palace Road, respectively, sources said.
KUCHING: The State Financial Secretary Sarawak (Incorporation) (SFSS) will emerge as the single largest shareholder of Bintulu Port Holdings Bhd (BPHB) after it subscribes for 60 million new shares under a placement exercise for RM399mil.