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SHAH ALAM: UMW Holdings Bhd, having turned around its oil and gas (O&G) division in the past financial year, is now focused on its asset and market expansion.
KUCHING: BLD Plantation Bhd subsidiary Kirana Palm Oil Refinery Sdn Bhd has doubled its production capacity to 2,400 tonnes a day with the commissioning of a second plant in Bintulu.
SINGAPORE: Gold fell below $1,200 on Friday to its lowest since August 2010 before recovering, and is on track to post its worst quarter since at least 1968 on persistent worries over the U.S. Federal Reserve's plan to wind down its monetary stimulus.
KUALA LUMPUR: Shares of Hong Leong Capital Bhd (HLCap) fell as much as 20% to a low of RM5 in the morning on Friday as some investors worried about its Aug 12 suspension.
SINGAPORE: Singapore’s central bank has introduced rules to ensure that a property buyer’s monthly payments do not exceed 60% of his income, a move aimed at cooling the housing market and ensuring investors are not caught out by a rise in interest rates.
IT may seem rather nondescript but the appointment of joint managing directors and the presence of Kumar Tharmalingam over at the Sunway group may be an indication of the direction the company would like to take. Or at least, the market it would like to have.
The Hong Leong Capital buyout saga has thrust certain individuals into the limelight. While those from the Hong Leong Group are well-known in corporate circles, the one low-profile individual Datuk Dr Yu Kuan Chon has this saga to thank for him becoming a big corporate name today. Here are the profiles of the key players: