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Property 27 Feb 2016 | 12:00 AM

Student accommodation investment hype in the UK

PURPOSE built student accommodation (PBSA) or student property in the UK is an attractive investment as it offers an annual net yield of between 7% and 9% after outgoings, says Cornerstone International Properties director Virata Thaivasigamony.

Corporate News 30 Nov 2015 | 12:00 AM

RM15mil rebranding exercise by Courts

KUALA LUMPUR: The soft market sentiment is not hindering Courts Asia Ltd, one of South-East Asia’s leading electrical, IT and furniture retailer to embark on a nationwide rebranding exercise in Malaysia. The Singapore-listed company that more than doubled its net profit for the second quarter ended Sept 30, on higher sales in Malaysia and sales contribution from new stores in Indonesia, has set aside RM15mil to refurbish 15 outlets here.

Business 16 Apr 2004 | 12:00 AM

Shell Malaysia appoints new managing director

SHELL Malaysia announced yesterday that senior operations manager Raja Ahmad Murad Raja Bahrin has been appointed to the Shell Refining Company (FOM) Bhd board of directors.

Business 06 Aug 2013 | 8:48 AM

Broker Marex Spectron In Talks To Buy JPMorgan's Warehousing Arm

SINGAPORE: London commodities broker Marex Spectron is in talks to buy the metals storage unit owned by JPMorgan Chase & Co., the Times of London reported.

Business 15 Jan 2014 | 12:00 AM

DRB-Hicom to go big in education, plans to upgrade college to varsity status

KOTA KINABALU: Education is slated to be the next big thing for conglomerate DRB-Hicom Bhd which has pumped about RM350mil into its International College of Automotive (ICAM) in Pahang.

Business 25 Feb 2014 | 12:00 AM

Carlsberg names JWT agency of record

KUALA LUMPUR: JWT has been named agency of record for the Carlsberg brand in Malaysia, Singapore and Hong Kong after a competitive three-way pitch.

Business 17 May 2014 | 12:00 AM

FGV to take over NBPOL?

SPECULATION is rife that Felda Global Ventures Holdings Bhd (FGV) has set its sights to acquire a major stake in London Stock Exchange-listed New Britain Palm Oil Ltd (NBPOL), which has a market capitalisation of about £615.2mil (RM3.34bil).

Commodities 17 Jun 2014 | 12:00 AM

Felda Global still keen on New Britain Palm Oil

KUALA LUMPUR: Felda Global Ventures Holdings Bhd (FGV) is still interested in expanding its plantation empire via London-listed New Britain Palm Oil Ltd (NBPOL) although it is aware that it may face stiff competition.

Business 26 Jun 2014 | 12:00 AM

FGV hopes to meet NBPOL advisers soon

KUALA LUMPUR: Felda Global Ventures Holdings Bhd (FGV) seeks to meet the advisers representing New Britain Palm Oil Ltd (NBPOL) “in the soonest possible time” and expects to submit its bid for a major stake in the company early next month.

Business 02 Sep 2014 | 10:16 AM

Manchester United top deadline-day spending at 150mil pounds

LONDON: Manchester United dominated Europe's transfer activity as the transfer deadline window slammed shut on Monday, manager Louis van Gaal taking his summer spending spree to more than 150 million pounds.