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Plantations 27 Apr 2018 | 12:00 AM

KLK’s price for Putra Bongan stake deemed fair

PETALING JAYA: Analysts have deemed as fair the valuation of Kuala Lumpur Kepong Bhd’s (KLK) proposed acquisition of a 95% stake in Indonesia’s PT Putra Bongan Jaya (PBJ) for US$76.4mil (RM296.4mil) cash.

Corporate News 14 Apr 2017 | 6:35 AM

MARC affirms Tenaga's AAA ratings, stable outlook

KUALA LUMPUR: Malaysian Rating Corporation BHD (MARC) has affirmed Tenaga Nasional Bhd’s (TNB) corporate credit rating of AAA and sukuk rating of AAAIS on its outstanding RM2bil Al-Bai’ Bithaman Ajil Bonds.

Business 28 Jan 2017 | 12:00 AM

Prestariang to buy eight properties for RM25.5mil

PETALING JAYA: Prestariang Bhd is acquiring eight properties in Cyberjaya for RM25.51mil, as part of the company’s transformational and business expansion plans.