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Business 01 Oct 2013 | 12:00 AM

Ireka poised to turn around, plans 8 projects with GDV of RM2.2bil

KUALA LUMPUR: With eight projects under way and an order-book of RM1.1bil, Ireka Corp Bhd expects to return to the black in two years.

Business 01 Oct 2013 | 12:00 AM

KPJ in Johor hospital venture

KPJ Healthcare Bhd has entered into a joint-venture agreement with UTM Holdings to develop and operate a private hospital on a piece of leasehold land in Kulaijaya, Johor. KPJ will hold 60% of the joint venture (JV) equity, while UTM Holdings will hold the remaining 40%.

Business 05 Jun 2014 | 12:00 AM

AirAsia keen to share system

SEPANG: AirAsia Bhd may consider sharing its native check-in system with other airlines in KLIA2 if the move improves operational efficiency and mitigates security risk at the new terminal.

Business 05 Jun 2014 | 12:00 AM

MDV allocates RM500mil for SMEs in high-tech sectors

KUALA LUMPUR: Malaysia Debt Ventures Bhd (MDV) is allocating up to RM500mil in loan facilities for small and medium enterprises (SMEs) under the sectoral development following a memorandum of understanding (MoU) inked yesterday.

Corporate News 23 Jul 2014 | 12:00 AM

SC sues Vun, 6 others over DVM Tech shares

PETALING JAYA: The Securities Commission (SC) has taken enforcement action against Kenneth Vun (pic) and six others for creating a false market in the trading of DVM Technology Bhd shares over a one-week period in March 2006.

Corporate News 22 Jul 2014 | 12:00 AM

DIB to issue 46 million new shares for listing

PETALING JAYA: Main Market-bound Dolphin International Bhd (DIB) will issue 46 million new shares for its initial public offering (IPO), representing 20.72% of its enlarged issued and paid-up capital.

Corporate News 22 Jul 2014 | 12:00 AM

Undisclosed party keen on acquiring Abric's core business

PETALING JAYA: Abric Bhd has a received a non-binding indication of interest from an undisclosed party to acquire its core business.

Business 25 Jul 2014 | 8:52 AM

Downing of MAS airliner leads to UN aviation body safety meeting with IATA, others

MONTREAL: The U.N. civil aviation agency will hold a broad international meeting to discuss airline safety in the industry's most coordinated response to the downing of a Malaysian airliner, two sources familiar with the matter said on Thursday.

Business 09 Jul 2014 | 8:40 AM

Alcoa pledges finished products push as results beat Wall Street

NEW YORK: Alcoa Inc's chief executive officer said on Tuesday the aluminum company would push deeper into the market for more profitable finished products like truck wheels and aircraft fuselages as it reported quarterly results that beat analysts' expectations.

Economy 14 Jul 2014 | 6:15 PM

How Italy became a submerging economy

IVREA: Economic decline takes many shapes. In the northern Italian town of Ivrea, it looks like the abandoned, overgrown tennis courts where the employees of electronics giant Olivetti SpA once played.