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Business 28 Jun 2013 | 12:00 AM

UMW eyes expansion Company open to opportunities to expand further in oil and gas

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.

Business 28 Jun 2013 | 12:00 AM

BLD unit doubles capacity Kirana invests RM60mil in new plant to cope with increasing demand

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.

Business 28 Jun 2013 | 9:52 AM

Gold near 3-year low, heads for worst quarter since 1968

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.

Business 28 Jun 2013 | 2:11 PM

RHB Research: Hibiscus worth RM1.18 to RM2.77

KUALA LUMPUR: RHB Research expects Hibiscus Petroleum Bhd's share price to be worth between RM1.18 and RM2.77.

Business 28 Jun 2013 | 3:06 PM

Hong Leong Capital falls 20% ahead of Aug 12 suspension (Update)

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.

Business 29 Jun 2013 | 12:00 AM

Singapore central bank takes further steps to cool property market

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.

Business 29 Jun 2013 | 12:00 AM

Sunway excited over Iskandar project

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.

Business 29 Jun 2013 | 12:00 AM

The major players in the Hong Leong Cap saga

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:

Business 29 Jun 2013 | 12:00 AM

Quek's poker game for HLCap

AS corporate takeover sagas go, Hong Leong Capital Bhd (HLCap) will go down as one of the more colourful ones in Malaysia’s corporate history.

Business 29 Jun 2013 | 12:00 AM

New challenges for the economy

WITH the global economy showing a slower recovery and the likelihood of the commodity super cycle coming to an end, the World Bank has urged Malaysia to accelerate structural reforms to ensure the country’s economy remains diversified and dynamic.