KUALA LUMPUR (Dec 2): AirAsia Group Bhd’s in-flight menu brand, Santan and T&CO, has opened its first Asean fast food restaurant in Mid Valley Megamall here to enable more customers to enjoy its Asean cuisine offerings and coffees at affordable prices.

“The opening of this flagship restaurant is the beginning of something great for the Santan and T&CO brands. We have seen a significant appetite for our in-flight menu offerings beyond our flights across the region and this is our answer to that demand," said the general manager of Santan Restaurant and T&CO Cafe, Catherine Goh, in a statement today.

AirAsia's in-flight menu brand opens first Asean fast food restaurant in KL

Ewein Bhd is partnering Consortium Zenith Construction Sdn Bhd (CZC) to jointly develop land in Penang as a RM159.75 million development.

In a filing today, Ewein said its unit Ewein Zenith II Sdn Bhd, a wholly-owned unit of Ewein Zenith Sdn Bhd, which in turn is an 89%-owned subsidiary of Ewein Land Sdn Bhd, has entered into a joint venture (JV) with CZC on Nov 30, 2019 to undertake a proposed development.

Ewein, Consortium Zenith Construction to jointly develop land in Penang

Hengyuan Refining Co Bhd fell 4.12% this morning despite its lower net loss in the third quarter of financial year 2019 (3QFY19).

At 10:14am, shares of Hengyuan dropped 18 sen to RM4.19 with a market capitalisation of RM1.31 billion, making the stock one of the top losers across Bursa Malaysia this morning.

Hengyuan share price drops 4.12% despite narrower net loss

KUALA LUMPUR: CIMB Islamic Bank Bhd has unveiled its latest proposition in supporting small and medium enterprises (SMEs) to grow their businesses in the global halal market.

Through CIMB HalalBizReady, the proposition provides financing packages that help businesses become compatible w...

CIMB Islamic offers RM100m SME financing to be halal-ready

Affin Hwang Investment Bank Bhd cut its target price (TP) for Gabungan AQRS Bhd shares to RM1.62 from RM1.82 after Affin Hwang reduced its construction earnings assumption for Gabungan AQRS to RM70 million from RM80 million and took into account the company's higher net debt.

Gabungan AQRS stays as Affin Hwang's top sector 'buy' but with reduced target price

The Malaysian Investment Development Authority (Mida) says it is in active talks to attract 682 projects with proposed investments of RM37.6 billion to Malaysia.

"Despite ongoing trade tensions pointing to slower growth, we will stick to the course and continue attracting strategic partners to invest in Malaysia. This will generate more spillover impact on the economy through the growth of the local supply chain ecosystems and improvement of the Malaysian workforce," International Trade and Industry Minister Datuk Darell Leiking said in a statement today.

Mida in talks to attract RM38b worth of projects to Malaysia

KUALA LUMPUR (Nov 29): Scanda Sky PLT is not licensed to operate in Malaysia, says the Malaysian Aviation Commission (Mavcom).

In a statement today, the aviation regulator said Scanda Sky does not hold an air service licence (ASL) or an air service permit (ASP) issued either by the comm...

Scanda Sky has no licence to fly within Malaysia – Mavcom

An audit on Aerodyne Ventures Sdn Bhd (AVSB) is not necessary as the 'flying car' project is not under the government, according to the Ministry of Entrepreneur Development (MED).

MED added that this project did not get any allocation from it, and the ministry is not responsible for any loss if the project does not go as planned.

Audit on Aerodyne not necessary as 'flying car' is not under govt

Economic Affairs Minister Datuk Seri Mohamed Azmin Ali says the more than 100% recovery in FGV Holdings Bhd's share price this year is due to the group's efficient, transparent and effective administration.

In a tweet today, Azmin noted that the counter had jumped by 67 sen to RM1.31 on Tuesday, from 64 sen on Dec 14 last year.

Azmin: FGV share price recovery due to firm's efficient and transparent administration

CIMB Islamic Bank Bhd has unveiled its latest proposition in supporting small and medium enterprises (SMEs) to grow their business in the global halal market.

Through CIMB HalalBizReady, the proposition provides financing packages that help businesses become compatible with the requirements of halal certification whether by getting their premises, operations or supply chain to be in line with those requirements, said CIMB Islamic.

CIMB Islamic offers up to RM100m financing for SMEs to become halal-ready

KUALA LUMPUR (April 23): Grade A prime office spaces continue to be in demand with improving vacancy and rental rates due to the flight to quality trend among tenants, according to JLL (Malaysia), as discussed in its JLL’s 1Q2024 Greater Kuala Lumpur Property Market Monitor launch on Tuesday.

Grade A prime office spaces continue to be in demand — JLL (Malaysia)

Swatch Group (M) Sdn Bhd said the seizure of its 172 rainbow-themed watches had caused much grief to its international reputation, as the renowned Swiss watch maker had always been dutiful citizens of any state where the watches are sold.

Swatch says advocating compassion for LGBTQ is not a crime, seizure illegal

Sunway Property, the property arm of Sunway Bhd, is set to preview the first phase of Sunway Velocity 3 in Cheras, Kuala Lumpur on Saturday (May 4) in its recently opened sales gallery.

Sunway Property to preview Sunway Velocity 3 on May 4

erman police have arrested an employee of an Alternative for Germany (AfD) politician in the eastern German city of Dresden on suspicion of espionage for China, broadcasters ARD, RBB and SWR reported on Tuesday.

Staffer of Germany's AfD arrested on suspicion of China espionage — reports

Malaysia’s Single Window for the Startup Ecosystem (MYStartup), a game-changing one-stop online platform for start-ups, was launched at the KL20 Summit 2024 here on Tuesday.

MYStartup a one-stop online platform for start-ups — minister

PETALING JAYA (April 23): Tropicana Corp Bhd is partnering with Maybank Islamic Bhd to provide a home financing solution called Maybank Islamic’s HouzKEY.

Tropicana partners Maybank Islamic to offer HouzKEY home financing solution

System installation works on the East Coast Rail Link (ECRL) involving the construction of electrification, signalling and telecommunication systems for the operation of passenger and cargo trains are expected to begin in May.

ECRL system installation works to start in May

CONSTRUCTION firm GDB Holdings Bhd — which has been embroiled in disputes with KSK Group in the last two years over the development of the 8 Conlay project in Kuala Lumpur — appears to be back on investors’ radar, judging by the recent upward trend in its share price.

According to marke...

GDB Holdings a front runner for several jobs

theedgemalaysia.com highlighted seven stocks with momentum at Bursa Malaysia's afternoon close on Tuesday. Two stocks showed positive momentum while five indicated negative momentum.

Jasa Kita, MMS Ventures, Ancom Logistics, Aneka Jaringan, Censof, Kimlun, MClean

Asian shares extended gains on Tuesday, taking cues from Wall Street as investors' focus shifts to earnings reports from US tech giants in the week, while a still strong dollar pressured the Japanese yen to fresh 34-year lows.

Asian shares extend gains ahead of tech earnings, yen fragile

The Edge covers former Malaysian Prime Minister Datuk Seri Najib Razak's 1Malaysia Development Bhd-Tanore (1MDB-Tanore) trial live.

Najib's 1MDB-Tanore trial live reporting (April 23)

Ten members of the Royal Malaysian Navy (RMN) were confirmed dead in an incident where two helicopters collided and crashed at the Royal Malaysian Navy (RMN) base in Lumut, Perak on Tuesday morning.

Two helicopters crash in Lumut, 10 confirmed killed — RMN

Shares of Topmix Bhd surged 32% in its trading debut on Tuesday after the surface decorative products company’s initial public offering (IPO) on the ACE Market raised RM31.7 million.

Topmix surges 32% on ACE Market debut

Brazil's government said on Monday that four additional poultry plants have been cleared to sell halal products to Malaysia, a move it hopes will allow exports to the Asian country to double when compared to last year's levels.

Brazil says Malaysia clears four more halal poultry plants for export

Healthcare stocks still have legs to run following the recent rally and investors should continue to buy hospital operators for their further earnings growth this year, analysts said.

KPJ near record high, IHH surges as analysts bet on more upside

Eight contractors face possible Malaysia Competition Commission (MyCC) fines for alleged bid rigging in 2019, in respect of two tenders of the Public Works Department (JKR) and one tender of the Department of Drainage and Irrigation.

Eight contractors face possible MyCC fines for bid rigging in tenders worth RM473m

Malaysia’s construction tender prices are&nbsp;expected to grow by 3% in 2024, compared to the previous year, driven by various factors such as project type, industry procurement strategy and currency fluctuations, according to a report by global professional services company Turner &amp; Townsend.

Malaysia’s construction tender prices to grow by 3% in 2024, says Turner & Townsend

Asian shares extended gains on Tuesday, taking cues from Wall Street as investors' focus shifts to earnings reports from US tech giants in the week, while a still strong dollar pressured the Japanese yen to fresh 34-year lows.

Former Umno Supreme Council member Hizatul Isham Abdul Jalil or better known as Isham Jalil has offered to make an unreserved apology to bring an end to his contempt of court proceedings.

Ex-Umno leader ready to apologise in contempt of court case

Hong Leong Investment Bank (HLIB) has a “trading buy” rating on SDS Group Bhd and said with 33 of its F&amp;B outlets situated across Johor state, and a wholesale segment that is focusing in this region, SDS appears strategically positioned to leverage the burgeoning vibrancy in Johor, propelled further by the continuous influx of visitors from Singapore.

SDS strategically positioned to leverage burgeoning vibrancy in Johor, says HLIB 

Datin Seri Rosmah Mansor's appeal against her guilty conviction and sentence over all three counts of graft pertaining to the RM1.25 billion solar hybrid project for 369 rural schools in Sarawak will be heard in October.

October hearing for Rosmah's appeal in solar project graft trial

Indonesian President Joko Widodo and his son, incoming vice-president Gibran Rakabuming Raka, are no longer members of the country's largest party after they backed rival candidate and election winner Prabowo Subianto, a party official said on Tuesday.

Indonesia's biggest party confirms President Jokowi no longer a member after backing Prabowo

Chinese universities and research institutes recently obtained high-end Nvidia artificial intelligence (AI) chips through resellers, despite the US widening a ban last year on the sale of such technology to China.

China acquired recently banned Nvidia chips in Super Micro, Dell servers, tenders show

Bursa Malaysia opened higher on Tuesday, taking its cue from Wall Street’s better performance overnight, as sentiment improves after Iran said it will not escalate the conflict with Israel, said an analyst.

Bursa up in early trade, tracking Wall Street overnight

Malton Bhd has unveiled the final tower (Block B) of River Park, following the successful launch of its previous Tower A and Tower C blocks with more than 70% take-up rate.

Malton unveils River Park's final tower

Wall Street stocks ended higher on Monday following a market sell-off in previous sessions as investors eyed a busy week for quarterly results from key companies that would provide a glimpse of the US economy's health.

Wall Street stocks end higher with major corporate earnings in view

Rakuten Trade has a “buy” rating on ACE Market-bound surface decorative products company Topmix Bhd at an initial public offering (IPO) price of 31 sen, with a fair value of 40 sen based on financial year 2024 (FY2024) forecast price-earnings (PE) of 15x, in line with industry peers.

Rakuten Trade values Topmix at 40 sen, expects FY2023-FY2026 earnings to grow at CAGR of 25%

South Korea is emerging as a closely watched weak link in the US$63 trillion (RM298.95 billion) world of shadow banking.

Shadow banking stress in South Korea sends warning to global investors

Capital A Bhd’s unit AirAsia Consulting Sdn Bhd is still in the pre-qualification stage for the acquisition of national carrier SriLankan Airlines.&nbsp;

However, AirAsia Consulting has yet to submit any price bid since due diligence has not been carried out, its chief executive officer Subashini Silvadas told The Edge on Tuesday.

Capital A’s unit in RFQ process for SriLankan Airlines, no price bid yet

The two helicopters which collided and crashed at the Royal Malaysian Navy (RMN) Base were undergoing a rehearsal for the third time in conjunction with RMN Fleet Open Day celebration scheduled on Saturday (April 27).

Wong Swee May

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