KUALA LUMPUR (Oct 6): Perak Transit Bhd rose as much as 4.5 sen or 30% to 19.5 sen on its first trading day on Bursa Malaysia's ACE Market.

At 10:30 a.m., shares of public-transport entity Perak Transit pared gains at 18.5 sen, with some 109 million shares exchanging hands.

Pe...

Perak Transit up 30% on Bursa ACE Market

This article first appeared in The Edge Financial Daily, on December 22, 2016.

 

KUALA LUMPUR: KIP Real Estate Investment Trust (KIP REIT), a wet market and conventional shopping centre operator, is seeking to raise as much as RM234.15 million via a Main...

KIP REIT seeks RM234m via Main Market listing

KUALA LUMPUR (Dec 29): In support of the government's Taxi Industry Transformation Programme (TITP) on Jan 1, 2017, Big Blue Taxi Facilities Sdn Bhd will launch its own E-Ticketing system which will offer passengers more certainty in the form of fixed fares to their destinations.

Big Blue launches E-Ticketing system to curb cabbies from overcharging customers

KUALA LUMPUR (April 26): Sona Petroleum Bhd shareholders rejected the company' proposed acquisition of Australia's Stag Oilfield for US$25 million (about RM99 million) at the company's extraordinary general meeting (EGM) here.
 
In a statement to Bursa Malaysia today, Sona said...

Sona shareholders say no to QA

This article first appeared in The Edge Financial Daily, on May 11, 2016.

 

KUALA LUMPUR: The Employees Provident Fund (EPF) is looking to invest in more infrastructure assets, and is not discounting the possibility of acquiring a stake in the Damansara-Ulu Klang...

EPF eyes more infrastructure assets, not ruling out Duke

KUALA LUMPUR (May 26): Shell Refining Company (Federation of Malaya) Bhd (SRC) said today that the sale of its controlling stake to Malaysia Hengyuan International Ltd (MHIL) will give the group a new lease of life.

SRC chairman Datuk Iain Lo also said there will be no changes to the gr...

Shell Malaysia: New shareholder will give us new lease of life

KUALA LUMPUR (June 9): Mercedes-Benz Malaysia Sdn Bhd unveiled the brand new E-Class today, with four models comprising the E 200 Avantgarde, E 250 Avantgarde, E 250 Exclusive and E 300 AMG Line being introduced to the local market.

Speaking at the launching ceremony, Mercedes-Benz Mala...

Mercedes-Benz Malaysia unveils new E-Class

KUALA LUMPUR (July 20): Maxis Bhd saw its net profit for the second quarter ended June 30, 2016 (2QFY16) climb 10.7% to RM488 million or 6.5 sen per share.

Reviewing its performance for the quarter, Maxis said the earnings came on the back of momentum, in terms of 4G long term evolution...

Maxis posts stronger 2Q earnings on 4G LTE momentum

KUALA LUMPUR (Sept 5): Bursa Malaysia Bhd today launched Bursa Malaysia-i, the world's first end-to-end integrated Islamic securities exchange platform that offers investors the choice to invest and trade syariah-compliant products via a syariah-compliant platform.

Bursa Malaysia-i inco...

Bursa launches world's first syariah trading platform

KUALA LUMPUR (Sept 20): Kumpulan Wang Persaraan (Diperbadankan) (KWAP) is expecting a lower return on investment (ROI) from its private equity segment of 5% this year.

Although the ROI target is slightly lower, compared with last year's 6.8% ROI from the segment, KWAP chief executive of...

KWAP expects lower returns this year

Four-cornered fight for Kuala Kubu Baharu state constituency — EC

The nomination centre for the Kuala Kubu Baharu state by-election closed at 10am on Saturday.

The announcement was made by returning officer Yuhanas Auree Kamaruddin at the Hulu Selangor Multipurpose Hall and District Sports Complex here.

Nomination centre for Kuala Kubu Baharu by-election closes at 10am

Alphabet Inc closed decisively above a US$2 trillion (RM9.54 trillion) market capitalisation for the first time on Friday, as a powerhouse earnings report reassured investors that the Google parent would be a major player in artificial intelligence (AI).

Alphabet joins US$2 trillion club as results show AI strength

Candidates contesting the upcoming Kuala Kubu Bharu by-election, a semi-urban seat located in the Hulu Selangor district, have started executing their campaign strategies over the weekend. The by-election is being held following the demise of its incumbent, Lee Kee Hiong from DAP, on March 21 due to cancer.

The Week Ahead: Attention on KKB by-election, FOMC decision, trade data in Asia

Richly valued US stocks are leaving investors with little tolerance for disappointment, raising the stakes ahead of a week in which two more technology and growth giants are set to report.

Lofty US stocks leave investors punishing earnings disappointments

Two earthquakes, the largest a 6.1 magnitude, struck Taiwan's eastern county of Hualien on Saturday, the island's weather administration said, with no immediate reports of damage.

The quakes, within half an hour of each other in the early hours of the morning, shook buildings in the capital, Taipei.

Taiwan rattled by quakes again, no immediate reports of damage

Nomination for the Kuala Kubu Baharu state by-election opened at 9am on Saturday at the Hulu Selangor Multipurpose Hall and District Sports Complex here.

Nomination opens at 9am for Kuala Kubu Baharu by-election

US regulators have seized Republic First Bancorp and agreed to sell it to Fulton Bank, the Federal Deposit Insurance Corp (FDIC) said on Friday, underscoring the challenges facing regional banks a year after the collapse of three peers.

US regulators seize troubled lender Republic First, sell it to Fulton Bank

Apple Inc has renewed discussions with OpenAI about using the start-up’s technology to power some new features coming to the iPhone later this year, according to people familiar with the matter.

Apple intensifies talks with OpenAI for iPhone generative AI features

The Perak government is expected to establish cooperation with Star Group Industries (SGI), a leading South Korean company with experience in the production of downstream products of rare earth elements (REE).

Perak to collaborate with rare earth elements company from South Korea, says MB

The creation of Flexible Account 3 for anytime withdrawals from May 11 means Employees Provident Fund (EPF) members can choose to take out up to a third of the balance in their existing Wellbeing Account 2.

Who pays for anytime EPF withdrawals?

China passed a law on Friday strengthening its trade defence capabilities as the US and the European Union take aim at Beijing over excess industrial capacity.

China passes tariff law amid tensions with trading partners

Global&nbsp;stocks were higher on Friday, as Big Tech gains lifted Wall Street shares, while Japan's yen&nbsp;sank to a&nbsp;34-year low after the Bank of Japan (BOJ)&nbsp;kept&nbsp;monetary policy loose.

Global stocks gain on Big Tech lift; yen slides to 34-year low

The Perak government is expected to establish cooperation with Star Group Industries (SGI), a leading South Korean company with experience in the production of downstream products of rare earth elements (REE).

Richly valued US&nbsp;stocks are leaving investors with little tolerance for disappointment, raising the stakes ahead of a week in which two more technology and growth giants are set to report.

More to come
...

Alphabet Inc&nbsp;closed decisively above a US$2 trillion (RM9.54 trillion) market capitalisation for the first time on Friday, as a powerhouse earnings report reassured investors that the Google parent would be a major player in artificial intelligence (AI).

US&nbsp;regulators have seized Republic First Bancorp and agreed to sell it to Fulton Bank, the Federal Deposit Insurance Corp (FDIC) said on Friday, underscoring the challenges facing regional banks a year after the collapse of three peers.

The nomination centre&nbsp;for the Kuala Kubu Baharu state by-election closed at 10am on Saturday.

The announcement was made by returning officer Yuhanas Auree Kamaruddin&nbsp;at the Hulu Selangor Multipurpose Hall and District Sports Complex here.

Nomination&nbsp;for the Kuala Kubu Baharu state by-election opened at 9am on Saturday at&nbsp;the Hulu Selangor Multipurpose Hall and District Sports Complex here.

Candidates contesting the upcoming Kuala Kubu Bharu by-election, a semi-urban seat located in the Hulu Selangor district, have started executing their campaign strategies over the weekend. The by-election is being held following the demise of its incumbent, Lee Kee Hiong from DAP, on March 21 due to cancer.

Apple Inc&nbsp;has renewed discussions with OpenAI about using the start-up’s technology to power some new features coming to the iPhone later this year, according to people familiar with the matter.&nbsp;

Two earthquakes, the largest a 6.1 magnitude, struck Taiwan's eastern county of Hualien on Saturday, the island's weather administration said, with no immediate reports of damage.

The quakes, within half an hour of each other in the early hours of the morning, shook buildings in the capital, Taipei.

Gho Chee Yuan

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Gho Chee Yuan

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