- Court of Appeal dismisses Fine TV suit against TM
October 28, 2014 11:09:21 pm
KUALA LUMPUR (Oct 28): Telekom Malaysia Bhd (TM) announced that the Court of Appeal has dismissed a lawsuit filed by Network Guidance (M) Sdn Bhd against it, and ordered the latter to pay costs of RM20,000 to TM, a filing by TM with the local bourse ... - Federal Court dismisses MTD Construction’s appeal
October 28, 2014 10:43:34 pm
KUALA LUMPUR (Oct 28): Construction and manufacturing outfit MTD ACPI Engineering Bhd announced that the Federal Court had on Oct 27 dismissed its appeal against the decision made by the Court of Appeal in May last year that reduces AXA Affin Assuran... - Protasco’s MD denies Tey’s claims
October 28, 2014 10:25:16 pm
KUALA LUMPUR (Oct 28): Protasco Bhd’s (Protasco) managing director, Datuk Seri Chong Ket Pen has issued a statement to deny allegations in a legal suit started by Kingdom Seekers Venture Sdn Bhd, a firm controlled by Tey Por Yee. “Clearly, this new p... - Robust earnings spur European stocks higher
October 28, 2014 09:12:04 pm
EDINBURGH (Oct 28): European shares rose in early trade on Tuesday, reversing the previous session's dip as better-than-expected results from a number of blue-chips including pharma group Novartis and bank UBS helped lift sentiment. While French phar... - MH17 investigators still awaiting U.S., Russian intelligence reports
October 28, 2014 09:08:25 pm
AMSTERDAM (Oct 28): Dutch prosecutors are still awaiting U.S. intelligence reports on the crash of Malaysia Airlines Flight MH17 but American laws on passing on such information to criminal investigations are complicating the process, the Dutch gover... - MP Corp delays in submission of audited financial statement
October 28, 2014 09:03:35 pm
KUALA LUMPUR (Oct 28): Property developer Malaysia Pacific Corp Bhd (MP Corp) announced to the stock exchange today that its audited financial statements (AFS) for the financial year ended Jun 30, 2014 (FY14) will be delayed. In a filing to Bursa Mal... - Sona’s gets US$140m loan for purchase of SEBL
October 28, 2014 08:53:57 pm
By Foo Yen Ne KUALA LUMPUR (Oct 28): Sona Petroleum Bhd (Sona) announced today that it obtained a US$140 million loan facility from BNP Paribas and RHB Bank (L) Ltd to part-finance its purchase of the company’s first qualifying asset. Sona has decid... - Protasco, IRIS Corp, Versatile Creative, FGV, Masterskill, Gadang, R&A Telecommunication
October 28, 2014 08:52:33 pm
KUALA LUMPUR (Oct 28): Based on news flow and corporate announcements today, stocks that may be in focus tomorrow (Wednesday, Oct 29) could include the following: Protasco Bhd, IRIS Corporation Bhd, Versatile Creative Bhd, Felda Global Ventures Holdi... - WZ Satu posts RM11.76mil net profit for 16-months
October 28, 2014 08:37:50 pm
KUALA LUMPUR (Oct 28): WZ Satu Bhd, controlled by its chairman Tengku Datuk Uzir Tengku Datuk Ubaidillah with 23.99% equity stake, announced a net profit of RM11.76 million or 9.43 sen per share on revenue of RM171.99 million for the 16-month financi... - Futures rise ahead of data, Twitter tumbles
October 28, 2014 08:18:29 pm
NEW YORK (Oct 28): U.S. stock index futures rose on Tuesday, ahead of data on industrial production, home prices and consumer confidence, and as the Federal Reserve prepared to begin a two-day meeting on monetary policy. A busy economic schedule incl... - Gold rises from two-week low ahead of Fed meeting
October 28, 2014 08:15:23 pm
LONDON/SINGAPORE (Oct 28): Gold rose as interest from price-sensitive buyers in China lifted it from two-week lows, though moves were muted ahead of a U.S. Federal Reserve meeting later on Tuesday. The Fed is tipped to announce the end of its massive... - Mixed; Indonesia down at near two-week low; Fed meet eyed
October 28, 2014 08:11:21 pm
(Oct 28): Southeast Asian markets ended mixed on Tuesday with Indonesia falling to a near-two-week low, as investors awaited the outcome of the U.S. Federal Reserve meeting that begins later in the session, for clues to the direction of U.S. interest... - Palm rises to near 3-wk high on technical buying; Malaysia biodiesel plan eyed
October 28, 2014 08:00:25 pm
KUALA LUMPUR (Oct 28): Malaysian palm oil futures rose to a near-three-week high on Tuesday on a bout of technical buying, traders said, while plans to increase the use of palm oil in biodiesel by the world's No.2 grower received a lukewarm response ... - Shares push higher, bonds steady ahead of Fed
October 28, 2014 07:48:59 pm
LONDON (Oct 28): World stocks inched up and U.S.bond yields steadied after almost three weeks of gains on Tuesday, with Federal Reserve policy setters expected to end six years of aggressive monetary stimulus. The Fed kicks off a two-day meeting late... - Brent oil steadies below $86 as U.S. dollar falls
October 28, 2014 07:41:04 pm
LONDON/TOKYO (Oct 28): Brent crude oil steadied below $86 a barrel on Tuesday, after dipping close to $85 earlier in the day, as a falling U.S. dollar provided support against weak demand and abundant supply. The U.S. dollar slipped late on Monday af... - Salamander says deal with Sona Petroleum still on track, while confirming potential takeover offer from Ophir Energy
October 28, 2014 07:31:09 pm
Flash: Salamander says deal with Sona Petroleum still on track, while confirming potential takeover offer from Ophir Energy Categories: MarketsCorporate... - Tan Sri Lau continues to up stake in Borneo Oil
October 28, 2014 07:30:47 pm
KUALA LUMPUR (Oct 28): Tan Sri Lau Cho Kun has just increased his stake in Borneo Oil Bhd (Borneo Oil), having purchased some 6.9 million shares or a 2.47% indirect stake in the company yesterday. Based on the group’s filing with Bursa Malaysia today... - Anwar's lawyers focus on Saiful's credibility in final appeal
October 28, 2014 07:27:41 pm
PUTRAJAYA: Datuk Seri Anwar Ibrahim’s lawyers sought to build a case that his former aide Mohd Saiful Bukhari Azlan is not a credible witness, as the hearing of the final appeal by the Opposition Leader against his sodomy conviction began at the Fede... - MRT Corp denies UDA’s claim that BB Plaza is unsafe due to underground works for MRT project
October 28, 2014 07:26:41 pm
PETALING JAYA (Oct 28): Mass Rapid Transit Corporation Sdn Bhd (MRT Corp) has refuted a claim by UDA Holdings Bhd that the underground works of the Mass Rapid Transit (MRT) line has resulted in BB Plaza not being safe for occupation. UDA is the owner... - Multi Sports’ chairman Lin trims stake further
October 28, 2014 07:14:53 pm
KUALA LUMPUR (Oct 28): China-based Multi Sports Holdings Ltd’s largest shareholder Power Wide Holdings Limited sold additional 2.9 million shares or 0.56% equity stake in the shoe sole maker today, bringing down its shareholding to 36.56% or 189.2 mi... - Protasco engages law firm to oppose suit from Tey
October 28, 2014 07:09:49 pm
KUALA LUMPUR (Oct 28): Protasco Bhd has appointed a legal firm in response to the lawsuit brought against the company by Kingdom Seekers Ventures Sdn Bhd, which is controlled by its very own non-executive director and substantial shareholder Tey Por ... - New Tokyo contract edges down on firmer yen, selling by funds
October 28, 2014 06:59:26 pm
TOKYO (Oct 28): Benchmark Tokyo rubber futures edged down on Tuesday, as a firmer yen and a decline in the Japanese stock market index cooled investor sentiment amid selling pressure by foreign hedge funds that weighed on prices of the soft commodity... - Robust earnings help Europe stocks resume rally
October 28, 2014 06:54:59 pm
PARIS (Oct 28): European shares rose in early trade on Tuesday, reversing the previous session's dip as better-than-expected results from a number of blue-chips including pharma group Novartis and bank UBS helped lift sentiment. Bucking the trend, sh... - Gadang 1Q net profit jumps by one-third
October 28, 2014 06:52:07 pm
KUALA LUMPUR (Oct 28): Construction and property developer Gadang Holdings Bhd’s net profit for the first quarter ended Aug 31, 2014 (1QFY15) surged 34% to RM9.54 million or 4.41 sen per share, from RM7.14 million or 3.63 sen per share in the previou... - Swedish crown slides after Riksbank surprises with cut to zero
October 28, 2014 06:45:52 pm
LONDON (Oct 28): The Swedish crown slid to a four-year low against the dollar and a four-month trough against the euro on Tuesday, after Sweden's central bank surprised investors by slashing interest rates to a record low of zero percent. Most analys... - Atrium REIT declares third income distribution of 2.2 sen per unit
October 28, 2014 06:43:47 pm
Flash: Atrium REIT has declared a third income distribution of 2.2 sen per unit, making year-to-date distribution at 6.6 sen per unit. Atrium REIT was last traded at RM1.26 on Monday. Categories: MarketsCorporate... - Pensonic 1Q net profit declines 43.15% to RM2.2 mil
October 28, 2014 06:40:23 pm
KUALA LUMPUR (Oct 28): Pensonic Holdings Bhd saw its net profit for the first quarter ended Aug 31, 2014 (1QFY15) dropping 43.15% to RM2.2 million, from RM3.89 million a year ago, due to having inventories written down. Quarterly revenue however grew... - Zeti: Sukuk a potential new source of funding for long-term projects
October 28, 2014 06:36:13 pm
DUBAI (Oct 28): The sukuk market has become a potential source of funding for long-term projects such as infrastructure projects, said Bank Negara Malaysia Governor Tan Sri Zeti Akhtar Aziz. She said in recent decade, a total of US$95 billion of infr... - Globetronics' profit up 16.5% in 3Q14
October 28, 2014 06:35:07 pm
KUALA LUMPUR (Oct 28): Globetronics Technology Bhd achieved a 16.5% increase in net profits for 3Q14 ended Sept 30 to RM 17.7 million, from RM15.2 million in the corresponding period last year. In line with improved quarterly results, Globetronics’ b... - Masterskill signs MOA to recruit students from China
October 28, 2014 05:57:21 pm
KUALA LUMPUR (Oct 28): Masterskill Education Group Bhd's indirect wholly-owned unit Asiamet Executive Education Centre Sdn Bhd has signed a memorandum of agreement with China-based sustainable business development group BBQ Global Connection to provi...
Frasers Hospitality Trust - Stock calls
4 hours ago
