MAA Group buys St John's International school

KUALA LUMPUR: MAA Group Bhd is expanding its education business with a RM27mil purchase of an international school.

Trading value surges to RM3.28b as KLCI snaps losing streak

KUALA LUMPUR: Bursa Malaysia witnessed a surge in trading volume and value on Friday, while late buying of Maybank enabled the FBM KLCI to snap its recent losing streak, but not enough to close above the key 1,600 level.

Trust as a basis for business strategy

The effects and impact of ongoing efforts to solidify corporate governance -- with the end-game being self-governance -- are often seen from a longer-term perspective, when one steps back and sees how far we have come in the last four years and even more importantly, from 2000 under the Malaysian Code on Corporate Governance (MCCG) to now.

KLCI extends losses for third day, ringgit rises on firmer oil prices

KUALA LUMPUR: Bursa Malaysia was en route to a third straight day of losses as monetary stimulus measures by major central banks failed to lift investor sentiment amid global growth concerns.

KL Kepong under pressure as investors stay cautious

KUALA LUMPUR: KL Kepong fell the most in early Friday trade on continued selling pressure on the plantation counter while investors stayed cautious in the absence of strong rerating catalysts for the market.

PRG shares soar on teak tree venture

PETALING JAYA: PRG Holdings Bhd’s share price has shot up more than 50% in the last one month, following its venture into the teak tree and commercial crops plantation business

Lower demand due to trade war hurts KESM net profit

PETALING JAYA: KESM Industries Bhd, the largest semiconductor burn-in and testing company in the country, has recorded another dismal quarterly result on lower demand for its services.

Aurora Mulia raises stake in Media Prima to 23.26%

PETALING JAYA: Aurora Mulia Sdn Bhd, a vehicle related to billionaire Tan Sri Syed Mokhtar Albukhary, has bought a further 2.7% stake in Media Prima Bhd, raising its equity interest in the company to 23.26%.

Increase in excise duty for alcohol seen unlikely in Budget 2020

PETALING JAYA: Cheers to brewery companies as the government is unlikely to increase the excise duty for alcohol in the upcoming Budget 2020 announcement next month, according to CGS-CIMB Research.

Termination of Yinson’s Vietnam JV not expected to impact its earnings forecast