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Business 06 Jul 2013 | 12:00 AM

Sona Petroleum stokes interest

Sona Petroleum, which aims to eventually make the transition to an independent E&P company, has already secured commitments from six institutions as cornerstone investors, making it the first SPAC to do so.

Business 06 Jul 2013 | 12:00 AM

Best of two worlds for KL Trillion buyers

Imagine living in the heart of a city, yet having the choice to open your windows to the sight of faraway hills. That’s what KL Trillion serviced residences offer.

Business 06 Jul 2013 | 12:00 AM

MBSB under spotlight

THIS is turning out to be generally an interesting time for Malaysia Building Society Bhd (MBSB) following the enforcement of Financial Services Act 2013 (FSA). The non-bank financial provider next course of action will be closely-watched by investors and the industry.

Business 06 Jul 2013 | 12:00 AM

Shadow banking: It's a problem

A “shadow banking” crisis is looming if left unchecked and could potentially derail our financial markets and economy.

Business 06 Jul 2013 | 12:00 AM

EPF's purchase of Quill mall raises questions

THE conditional purchase by the Employees Provident Fund (EPF) to buy Quill City Mall from the Quill group has generated a number of questions.

Business 06 Jul 2013 | 12:00 AM

Tweak the environment

Changing habits can be as easy as changing the surroundings

Business 05 Jul 2013 | 8:30 PM

Bank Negara takes measures to avoid excessive household indebtedness (Update)

Bank Negara Malaysia announced on Friday a set of measures aimed at curbing excessive household debts and to reinforce responsible lending practices by key credit providers.

Business 05 Jul 2013 | 10:48 AM

Sona Petroleum to have toughest moratorium for SPACs

The moratorium imposed on the shares held by Sona Petroleum Bhd’s promoters is the strictest so far among Malaysia’s special purpose acquisition companies (SPAC).

Business 05 Jul 2013 | 9:43 AM

Malaysia-Market Factors To Watch On July 5

KUALA LUMPUR: Following is a list of events in Malaysia as well as news company-related and market news which could have an influence on the Malaysian market

Business 05 Jul 2013 | 12:00 AM

KL Trillion residential units unveiled

KUALA LUMPUR: Singapore-based developer Sim Lian Group Ltd has launched the second portion of its maiden project KL Trillion – a block of luxury serviced residences located along Jalan Tun Razak.