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KLSE News: 4 August 2015 – UEM Sunrise has acted swiftly to beat Chinese investors in the purchase of a 21-storey office tower in Melbourne for A$58m (RM161m) said COO (commercial) Raymond Cheah. “Our aspiration for the office tower site is to create another One Hyde Park,” Cheah said…

UEM Sunrise has acted swiftly to beat Chinese investors in the purchase of a 21-storey office tower in Melbourne for A$58m (RM161m) said COO (commercial) Raymond Cheah. “Our aspiration for the office tower site is to create another One Hyde Park,” Cheah said. Cheah said UEM Sunrise expected to launch the project by end of next […]

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KLSE News: 3 August 2015 – Sime Darby Group has redesignated Tan Sri Wan Abdul Aziz Wan Abdullah as deputy chairman following the resignation of Tan Sri Hamad Kama Piah Che Othman…

Sime Darby Group has redesignated Tan Sri Wan Abdul Aziz Wan Abdullah as deputy chairman following the resignation of Tan Sri Hamad Kama Piah Che Othman. Sime Darby said that before the redesignation, Wan Abdul Aziz was a director. (StarBiz) RHB Bank is confident of increasing its market share of online cash management segment from […]

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KLSE News: 31 July 2015 – Muhibbah Engineering has won a RM158.2m job from Toyo Thai Malaysia Sdn Bhd for works related to the steam cracker complex for Petronas’ US$16bn (RM61.2bn) Refinery And Petrochemicals Integrated Development (Rapid) project in Pengerang, Johor…

Muhibbah Engineering has won a RM158.2m job from Toyo Thai Malaysia Sdn Bhd for works related to the steam cracker complex for Petronas’ US$16bn (RM61.2bn) Refinery And Petrochemicals Integrated Development (Rapid) project in Pengerang, Johor. The contract for civil, concrete and buildings for offsite areas came under package for the engineering, procurement, construction, and commissioning (EPCC) […]

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KLSE News: 30 July 2015 – Felda Global Ventures Holdings Bhd (FGVH) expects to complete the connecting roads to its Lemeting Bridge in Miri, Sarawak by April next year…

Felda Global Ventures Holdings Bhd (FGVH) expects to complete the connecting roads to its Lemeting Bridge in Miri, Sarawak by April next year, providing the much needed road infrastructure for its 3,000ha BJ Corp Sdn Bhd’s estate with its processing mill in Baram. Its executive VP Datuk Abdul Halim Hamid said the bridge and other […]

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KLSE News: 29 July 2015 – Malaysia Automotive Association (MAA) trimmed this year’s total industry volume (TIV) to 670,000 units from 680,000 units earlier amid a challenging economic outlook…

Malaysia Automotive Association (MAA) trimmed this year’s total industry volume (TIV) to 670,000 units from 680,000 units earlier amid a challenging economic outlook. Its president Datuk Aishah Ahmad said the revision is after considering many factors, include ongoing inflationary pressures, fluctuations in oil and commodity prices, foreign exchange rate volatility, subdued business optimism and moderation […]

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KLSE News: 28 July 2015 – MY E.G Services Bhd yesterday obtained shareholders’ approval for the proposed acquisition of 22 storeys of stratified parcels forming part of a 45-storey corporate office tower at Empire City @ Damansara…

MY E.G Services Bhd yesterday obtained shareholders’ approval for the proposed acquisition of 22 storeys of stratified parcels forming part of a 45-storey corporate office tower at Empire City @ Damansara. Its Executive Chairman, Datuk Dr Norraesah Mohamad, said the RM155.3m acquisition would allow the company to centralise its operations and relocate all employees under one […]

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KLSE News: 27 July 2015 – Axiata Group Bhd plans to invest US$2.6m (RM9.9m) for a 70% stake in WSO2 Telco Inc, which will offer mobile Internet and fulfilment-exchange services to mobile telecommunication network operators…

Axiata Group Bhd plans to invest US$2.6m (RM9.9m) for a 70% stake in WSO2 Telco Inc, which will offer mobile Internet and fulfilment-exchange services to mobile telecommunication network operators. Axiata said WSO2Telco would be a joint venture between Axiata and WSO2 Inc, an open-source software firm. “The joint venture will leverage WSO2’s class leading open-source […]

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KLSE News: 24 July 2015 – CIMB Group Holdings Bhd expects the second half of 2015 to be challenging due to the difficult macroeconomic conditions in Thailand and Indonesia. CIMB Group chief executive Tengku Datuk Zafrul Tengku Abdul Aziz…

CIMB Group Holdings Bhd expects the second half of 2015 to be challenging due to the difficult macroeconomic conditions in Thailand and Indonesia. CIMB Group chief executive Tengku Datuk Zafrul Tengku Abdul Aziz said its banking business in Malaysia will remain flat this year, while the environment in Indonesia and Thailand will remain tough due […]

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KLSE News: 23 July 2015 – GHL Systems Bhd has teamed up with the Philippines’ mobile brand, Globe Telecom, to widen its reach to the small and medium enterprises (SMEs) in the Philippines…

GHL Systems Bhd has teamed up with the Philippines’ mobile brand, Globe Telecom, to widen its reach to the small and medium enterprises (SMEs) in the Philippines via its pioneering mobile point-of-sale service, Globe Charge. GHL said the Globe Charge could be attached to any Android or IOS smartphone or tablet, turning them into credit […]

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KLSE News: 22 July 2015 – Minority shareholders of Tenaga Nasional Bhd (TNB) will decide if the purchase of Edra Global Energy Bhd goes through, as TNB’s major shareholder Khazanah Nasional Bhd will not vote on the acquisition…

Minority shareholders of Tenaga Nasional Bhd (TNB) will decide if the purchase of Edra Global Energy Bhd goes through, as TNB’s major shareholder Khazanah Nasional Bhd will not vote on the acquisition. Khazanah will abstain from voting as the deal is deemed a related-party transaction. This is because both TNB and 1Malaysia Development Bhd (1MDB), […]

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