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Monday, 19 November 2018
KUALA LUMPUR (Nov 19): Ni Hsin Resources Bhd today sold off its 10% stake in undergarments manufacturer Caely Holdings Bhd to Penang-based businessman Datuk Seri Goh Choon Kim for RM9.6 million. In a filing with Bursa Malaysia today, Ni Hsin said the ...
Monday, 19 November 2018
KUALA LUMPUR (NOV 19): Furniture-maker Heveaboard Bhd has redesignated non-executive director Sundra Moorthi VM Krishnasamy as its new non-executive chairman, effective today. The group announced the redesignation of the 74-year-old in a stock exchange ...
Monday, 19 November 2018
KUALA LUMPUR (Nov 19): Dagang Nexchange Bhd has posted a 55.4% fall in net profit for the third quarter ended Sept 30, 2018 to RM6.65 million from RM14.91 million a year ago. DNex said this comes from lower profit before tax margin of 18% (38% in 2017), ...
Monday, 19 November 2018
KUALA LUMPUR (Nov 19): Sunway Construction Group Bhd (SunCon)'s net profit grew 8% year-on-year (y-o-y) to RM36.41 million in the third quarter ended Sept 30, 2018 (3QFY18) from RM33.72 million on higher revenue. Revenue rose 13% y-o-y to RM557.3 million ...
Monday, 19 November 2018
KUALA LUMPUR (Nov 19): The Centre to Combat Corruption and Cronyism (C4 Center) and Suaram have hailed the Malaysian Anti-Corruption Commission’s (MACC) decision to reopen its probe into the 2002 procurement of two Scorpene-class submarines. The decision ...
Monday, 19 November 2018
KUALA LUMPUR (Nov 19): Oil and gas support service company Deleum Bhd’s third quarter net profit fell 15.6% to RM9.12 million, from RM10.8 million a year earlier, despite the rise in oil prices during the period. The group, in a statement today, ...
Monday, 19 November 2018
KUALA LUMPUR (Nov 19): Malaysian palm oil futures rose more than 0.7% on Monday, after traders said the market was oversold last week. The benchmark palm oil contract for February delivery on the Bursa Malaysia Derivatives Exchange climbed to 1,986 ...
Monday, 19 November 2018
KUALA LUMPUR (Nov 19): MISC Bhd's net profit for the third quarter ended Sept 30, 2018 (3QFY18) halved to RM341 million from RM680.5 million a year ago, mainly because the previous year had recorded a one-time gain from a favourable adjudication decision, ...
Monday, 19 November 2018
(Nov 19): China is starting an anti-dumping investigation on imports of Australian barley, sending a signal the world’s top commodity buyer may be increasing scrutiny of one of its most important suppliers. The one-year probe will start on Monday, and ...
Monday, 19 November 2018
PARIS (Nov 19): In the middle of UBS Group AG’s six-week tax trial in Paris, Presiding Judge Christine Mee’s tone changed. And that may have given a sign of what the bank can expect in a case that could cost it as much as US$6 billion. The hearings, which ...
Monday, 19 November 2018
TOKYO (Nov 19): Benchmark Tokyo rubber futures slid to a 26-month low on Monday, extending losses into a third straight session, as a firmer yen against the US dollar prompted fresh selling. "The stronger yen weighed on rubber prices especially in early ...
Monday, 19 November 2018
(Nov 19): Nissan Motor Co Ltd's chairman, Carlos Ghosn, has been arrested, the Yomiuri daily said on its website on Monday. The Japanese automaker said earlier on Monday that Ghosn had used company money for personal use and that it had been investigating ...
Monday, 19 November 2018
KUALA LUMPUR (Nov 19): United Overseas Bank (Malaysia) Bhd (UOB Malaysia) has launched a cash rebate campaign to encourage customers to go contactless. The campaign, directed at all new customers who open a savings or current account with UOB Malaysia ...
Monday, 19 November 2018
(吉隆坡19日讯)亚洲股市普遍上涨,在银行和种植股带动,马股全日上升4.33点或0.25%。同时,令吉走强。 闭市时,富时隆综指收于1710.71点,受到大众银行(Public Bank Bhd)、联昌国际集团(CIMB Group Holdings Bhd)、森那美(Sime Darby Plantation Bhd)及PPB集团(PPB Group Bhd)推动。 MIDF Amanah投资银行研究主管Mohd Redza Abdul Rahman向theedgemarkets.com说:“综指走势主 ...
Monday, 19 November 2018
(Nov 19): Most Southeast Asia shares edged higher on Monday with a resolution to the Sino-US trade dispute still in doubt, while Philippine shares extended their rally on the back of last week's interest rate hike. Philippine shares rose for a fourth ...
Monday, 19 November 2018
KUALA LUMUR (Nov 19): Loob Holding Sdn Bhd, the creator of Malaysia’s Tealive bubble tea brand, has begun its expansion into China with the opening of a store in Shanghai today. The target for China’s market is 20 outlets by June 2019, Loob Holding said ...
Monday, 19 November 2018
FRANKFURT (Nov 19): When Meghan Markle graced the English town of Chichester with a royal visit last month, her forest-green outfit lit up Instagram. Within minutes, the US$595 lambskin pencil skirt from Hugo Boss AG sold out online. The Duchess of Sussex ...
Monday, 19 November 2018
KUALA LUMPUR (Nov 19): CIMB Group Holdings Bhd group chief financial officer (CFO) Shahnaz Jammal will take on the role of the group's chief executive officer (CEO) of group wholesale banking come Jan 1, 2019. Khairulanwar Rifaie, currently the CFO of ...
Monday, 19 November 2018
HONG KONG (Nov 19): TNG FinTech Group Inc, a Hong Kong-based digital wallet operator, plans to seek as much as US$300 million in a U.S. initial public offering, according to people familiar with the matter. The company, whose investors include billionaire ...
Monday, 19 November 2018
KUALA LUMPUR (Nov 19): The FBM KLCI gained 4.33 points or 0.25% with major Asian equity markets and as Malaysian banking and plantation shares rose. The ringgit strengthened. At 5pm, the KLCI closed at 1,710.71 points, supported by gains in banking stocks ...
Monday, 19 November 2018
LONDON/DUBAI (Nov 19): Virgin Mobile Middle East & Africa is exploring options, including selling all or part of itself, people with knowledge of the matter said. The closely held company is working with Evercore Inc. to assess options, which may include ...

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