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Business 01 Nov 2014 | 12:00 AM

Will QL ever get Lay Hong? What options are there should it fail in takeover bid?

THE Yap family rejecting the buyout offer from QL Resources Bhd for Lay Hong Bhd only confirms suspicions that the attempted buyout is far from a done deal.

Business 01 Nov 2014 | 12:00 AM

O&G firms going ahead with spending and plans despite low oil prices

WITH the oil and gas (O&G) sector being one of the crucial sectors for the Malaysian economy and stock market, the downward spiral of oil prices in the last four months have left many jittery.

Corporate News 17 Nov 2014 | 12:00 AM

Sime Darby ranks high in best-in-class talent management practices

KUALA LUMPUR: Sime Darby Bhd has become the first South-East Asian company to make it to the list of the Global Aon Hewitt Top Companies for Leaders (TCFL).

Analyst Reports 13 Nov 2014 | 12:00 AM

Shares: Puncak add, CREST Builder outperform, GD Express buy, Bumi Armada buy

Puncak Niaga Holdings Bhd has formalised a sale and purchase agreement (SPA) for the divestment of its two water concessions for the cash offer of RM1.6bil by the Selangor government. “The group has set aside RM534mil from the total proceeds to be distributed to shareholders as special dividends,” CIMB Research said.

Business 18 Dec 2014 | 12:00 AM

Abric announces special dividend

PETALING JAYA: Abric Bhd has announced a tax exempt special dividend of 30 sen to shareholders. The dividends go ex on Jan 21, 2015 while the entitlement date is Jan 23, 2015.

Business 27 Dec 2014 | 12:00 AM

Challenging year for equities

The local stock market’s benchmark index hit an all-time high this year and also saw record trading volumes.

Business 26 Dec 2014 | 10:06 AM

Dollar mortgage holders urge Russia to end ‘financial slavery’

MOSCOW: When Olga Savelyeva took out a $226,000 mortgage to buy a small apartment on the outskirts of Moscow in 2008, she could never have imagined that the ruble would lose more than half its value in a few short years.

Corporate News 12 Dec 2014 | 1:00 PM

Alliance Bank appoints Joel Kornreich as group CEO

KUALA LUMPUR: Alliance Bank Malaysia Bhd has picked Joel Kornreich as its group chief executive officer, with the appointment taking effect on Jan 1, 2015.

Analyst Reports 21 Feb 2015 | 12:00 AM

The theory of nothing

Numbers do not lie. Those starting a venture should study the accounts to get a fairly strong grasp of what’s happening in the industry. Vision and mission statement means nothing without basic understanding of the business.

Business 21 Feb 2015 | 12:00 AM

New Petronas CEO urged to encourage consolidation

A prominent oil and gas (O&G) player feels that one of the primary tasks of the newly appointed president and chief executive officer of Petroliam Nasional Bhd (Petronas) should be to encourage consolidation within the industry.