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Business 11 May 2012 | 12:00 AM

Sime homes in on property

SIME Darby has entered into a conditional agreement with CapitaMalls Asia Ltd to form a 50:50 joint venture (JV) to develop a shopping mall in Taman Melawati, Klang Valley.

Business 22 May 2012 | 12:00 AM

I-Bhd to reap i-City reward

I-Bhd, the master developer of i-City, is now ready to reap the fruits of its labour as most of the major infrastructure works at i-City in Shah Alam have been completed.

Business 24 May 2012 | 12:00 AM

MPHB to focus on gaming stock

KUALA LUMPUR: Multi-Purpose Holdings Bhd (MPHB) has proposed to demerge its businesses, which will see its gaming business listed under MPHB and its financial services and other investments listed as a separate entity via a special-purpose vehicle (SPV Capital).

Business 06 Jun 2012 | 12:00 AM

Berjaya Sports Toto plans to divest cash generating unit for RM6bil

KUALA LUMPUR: Berjaya Sports Toto Bhd (BST) is proposing to spin off its cash generating subsidiary, Sports Toto Malaysia Sdn Bhd (STM), into a business trust or STM-Trust to be constituted in Singapore and have it listed on the Singapore Stock Exchange (SGX).

Business 06 Jun 2012 | 12:00 AM

Malaysia's IHH in talks with ADIA, Kuwait for investing in IPO

SINGAPORE/KUALA LUMPUR: Malaysia state-backed Integrated Healthcare Holdings (IHH), which operates hospitals in Asia, is in talks with sovereign wealth funds in Abu Dhabi and Kuwait to rope them in as cornerstone investors for its US$2bil dual listing in Kuala Lumpur and Singapore, sources said on Wednesday.

Business 07 Jun 2012 | 12:00 AM

IHH, Kuwait fund in talks on IPOs

SINGAPORE: Integrated Healthcare Holdings (IHH), which operates hospitals in Asia, is trying to rope in Kuwait’s sovereign wealth fund as a cornerstone investor in its US$2bil (RM6.35bil) dual listing in Kuala Lumpur and Singapore, sources said.

A Question Of Business 09 Jun 2012 | 12:00 AM

BToto’s deal not likely to endear

P Gunasegaram wonders why Berjaya Sports Toto has put its gaming business intoa trust to be listed in Singapore when there seems to be no clear positive outcome.

Business 09 Jun 2012 | 12:00 AM

BToto’s deal not likely to endear

P Gunasegaram wonders why Berjaya Sports Toto has put its gaming business intoa trust to be listed in Singapore when there seems to be no clear positive outcome.

Business 19 Jun 2012 | 12:00 AM

Sime banks on Weifang Port

QINGDAO, SHANDONG: Sime Darby Bhd’s energy and utilities division (E&U) business in China is banking on the Weifang Port to be the key driver of growth going forward for its investments in the country as the port is strategically located in the rapidly developing Bohai Rim area.

Business 23 Jun 2012 | 12:00 AM

Slim strengthens hand in Europe, has 21% of KPN

MEXICO CITY: Mexican billionaire Carlos Slim extended his power in Europe on Thursday, taking control of more than a fifth of Dutch telecoms group KPN in the teeth of opposition from the company.