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Business 29 Aug 2003 | 12:00 AM

AKN Technology aborts purchase of MEMSTECH

AKN Technology Bhd has called off the proposed acquisition of MEMSTECH Sdn Bhd to avert a change in the rating of its RM55mil bonds, expiring in December 2004, to I>BBB1/Ifrom I>A2/I>.

Business 13 Nov 2003 | 12:00 AM

RAM rating on Sesco Islamic debt reaffirmed

RATING Agency Malaysia Bhd (RAM) has reaffirmed the I>AA1/Irating assigned to Sarawak Electricity Supply Corp's (Sesco) RM605mil I>Al-Bai Bithaman Ajil/IIslamic debt securities.

Business 23 Apr 2005 | 12:00 AM

Jimah signs RM6bil power plant deal

JIMAH Energy Ventures Sdn Bhd#039;s RM6.1bil Islamic facilities to finance the construction of a new power plant in Port Dickson, Negri Sembilan, is the first facility designed with a structural financial overlay in Malaysia.

Business 13 Aug 2007 | 12:00 AM

Stock Watch

Danny Yap writes on Magnum Corp, Media Prima and AMMB Holdings

Business 20 Aug 2007 | 12:00 AM

Appointments

INTEL has appointed ATUL BHARGAVA managing director Intel Malaysia, Assembly and Test. He will be managing Intel's operations in Penang, Kulim and Cyberjaya.

Business 05 Sep 2007 | 12:00 AM

Media Prima still keen to go abroad

Media Prima Bhd is still looking for opportunities to expand overseas, said group managing director Abdul Rahman Ahmad.

Business 10 Sep 2007 | 12:00 AM

Consumers’ call

Consumer spending increased considerably in recent months, providing much oomph in economic activity. Bonia and Padini are two retail players that saw some of that surge in spending.

Business 26 Sep 2007 | 12:00 AM

Unit to issue first tranche of ABS next month

RCE Capital Bhd's unit RCE Marketing Sdn Bhd will issue the first tranche of its RM1.5bil asset-backed securities (ABS) programme with an estimated size of RM100mil next month.

Business 24 Oct 2007 | 12:00 AM

RHB Bank eyes M&As

RHB Bank Bhd plans to acquire local and overseas institutions to boost its presence.

Business 06 Nov 2007 | 12:00 AM

SP Setia Vietnam township to contribute 10% to net profit

SP Setia Bhd expects its RM2.1bil township, EcoLakes at MyPhuoc Industrial Park in Binh Duong province, Vietnam, to contribute to 10% of net profit by 2010.