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Business 19 Aug 2014 | 12:00 AM

PDZ shares at 7-year high

PETALING JAYA: Shares in PDZ Holdings Bhd surged 4.5 sen, or 16.67%, to close at 31.5 sen, a level not seen in almost seven years.

Business 19 Aug 2014 | 12:00 AM

85.56mil Globaltec shares traded off-market

PETALING JAYA: About 85.56 million Globaltec Formation Bhd shares were traded in an off-market deal yesterday at half the market price.

Business 19 Aug 2014 | 12:00 AM

Ideal Jacobs upbeat on reverse takeover

KUALA LUMPUR: Ideal Jacobs (M) Corp Bhd, which has seen its profit margins tightening over the past few years, believes that changing the course of the company’s business will create more value for shareholders.

Corporate News 18 Aug 2014 | 5:00 PM

Globaltec sees 85.56m shares crossed at half of market price

KUALA LUMPUR: Globaltec Formation Bhd's 85.56 million shares were traded in an off-market deal on Monday at half the market price.

Construction 18 Aug 2014 | 4:53 PM

Ideal Jacobs to make foray into O&G, power, petrochemical

KUALA LUMPUR: Ideal Jacobs (Malaysia) Corp Bhd is making a headway into the oil and gas (O&G) industry via a reverse takeover (RTO) on oil and gas consultation service providers Cekap Technical Services Sdn Bhd and MECIP Global Engineers Sdn Bhd for RM129mil.

World 18 Aug 2014 | 4:02 PM

Aquino says Chinese survey ships seen in Philippine waters

MANILA (Reuters) - Philippine President Benigno Aquino said two Chinese survey vessels had been sighted in a gas-rich area of its exclusive economic zone, raising concerns of heightened tensions in the disputed South China Sea.

Nation 18 Aug 2014 | 12:00 AM

GDP growth better than expected

PETALING JAYA: The recent Gross Domestic Product (GDP) growth of 6.4% in the second quarter has beaten all forecasts due to the successes from the Government’s transformation programmes, said Minister in the Prime Minister’s Department Datuk Seri Idris Jala.

Corporate News 18 Aug 2014 | 12:00 AM

Chemara Palmea seeks to be first plantation SPAC

PETALING JAYA: Chemara Palmea Holdings Bhd seeks to be the first plantation-based special purpose acquisition company (SPAC) and plans to raise RM650mil through a listing on the Main Market of Bursa Malaysia if its application is approved.

Corporate News 18 Aug 2014 | 12:00 AM

Tamarind Energy armed with US$800mil eyes Malaysia as home base

PETALING JAYA: Oil and gas (O&G) start-up Tamarind Energy, armed with an US$800mil (RM2.52bil) war chest from a recent deal with Blackstone, is making Malaysia its home base, riding on Petroliam Nasional Bhd’s (Petronas) efforts to ramp up domestic production in new and mature fields.

World 17 Aug 2014 | 11:45 PM

U.N. nuclear chief upbeat after 'useful' Iran visit

VIENNA/DUBAI (Reuters) - Iran has given a firm commitment to cooperate with a U.N. nuclear watchdog investigation into suspected atomic bomb research, the head of the agency said after what he described as a "useful" visit to Tehran on Sunday.