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Business 25 Jul 2012 | 12:00 AM Premium

Green light for VTI regularisation plan

PETALING JAYA: Bursa Securities has approved VTI Vintage Bhds proposed regularisation plan following an appeal by the company, which faced delisting.

Business 25 Jul 2012 | 12:00 AM Premium

Markets fall on China slowdown worries

Key Asian markets fell in the morning on Wednesday on worries about the fallout from a slowdown in China's economic growth which was compounded by the eurozone crisis.

Business 25 Jul 2012 | 12:00 AM Premium

Li Ka-shing to buy UK gas assets for $1bil

HONG KONG: A group of companies controlled by Hong Kong billionaire Li Ka-shing has agreed to buy UK gas company Wales and West Utilities for 645 million pounds ($1 billion), the latest acquisition by the tycoon that will boost his gas portfolio in Britain.

Business 25 Jul 2012 | 12:00 AM Premium

Tenaga, plantations lift KLCI, IHH in focus

Market sentiment on Bursa Malaysia perked up in late trade on Wednesday, underpinned by fund buying of Tenaga and plantations while the star of the day was IHH Healthcare.

Business 25 Jul 2012 | 12:00 AM Premium

IHH Healthcare looks towards China, HK (Update)

Asia's largest hospital operator IHH Healthcare Bhd, which made its debut on Bursa Malaysia and Singapore Exchange on Wednesday, is looking towards expanding in China and Hong Kong.

Business 26 Jul 2012 | 12:00 AM Premium

Ka-shing to buy UK  gas assets for US$1bil

HONG KONG: A group of companies controlled by Hong Kong billionaire Li Ka-shing has agreed to buy UK gas company Wales and West Utilities for £645mil (US$1bil), the latest acquisition by the tycoon that will boost his gas portfolio in Britain.

Business 26 Jul 2012 | 12:00 AM Premium

Man United plans IPO launch within days

NEW YORK: Manchester United is planning to launch the marketing road show for its proposed $300 million U.S. initial public offering within days, after a delay earlier this week, sources familiar with the matter said on Wednesday.

Business 26 Jul 2012 | 12:00 AM Premium

Sime Darby, KLK weigh on KLCI, weaker CPO prices worry

Plantation-based Sime Darby and KL Kepong dragged the FBM KLCI into the red at midday on Thursday on worries about expected decline in crude palm oil (CPO) prices

Business 26 Jul 2012 | 12:00 AM Premium

KLCI ends day down 11pts

The FBM KLCI posted its biggest decline in recent weeks on Thursday, as investors turned cautious, with plantations and Genting among the decliners but UOA Development bucked the trend following an upgrade by CIMB Equities Research.

Business 26 Jul 2012 | 12:00 AM Premium

IHH gains 10% on debut (update)

KUALA LUMPUR: IHH Healthcare Bhd, which made its debut on Bursa Malaysia and Singapore Exchange yesterday, is looking towards further expansion in China and Turkey.