The Edge Markets
NetX to raise up to RM62.56m to expand into e-payment solutions business
April 28, 2015 08:37:45 pm
KUALA LUMPUR (Apr 28): Loss-making communications and software solutions provider NetX Holdings Bhd plans to raise up to RM62.56 million via a 1-for-1...
Edra’s IPO will not be easy
April 28, 2015 08:00:00 pm
1MALAYSIA DEVELOPMENT BHD’S (1MDB) plan to move ahead with an initial public offering (IPO) of its energy arm, Edra Global Energy Bhd, faces headwinds...
Bursa queries Tecnic after share price jumps almost 26%
April 28, 2015 07:57:38 pm
KUALA LUMPUR (Apr 28): Bursa Malaysia has issued Tecnic Group Bhd with an unusual market activity (UMA) query today, after a sharp rise in the plastic...
Boustead completes acquisition of 50% stake in Irat Properties
April 28, 2015 07:56:52 pm
KUALA LUMPUR (Apr 28): Boustead Holding Bhd has completed its acquisition of a 50% stake in Irat Properties Sdn Bhd through a third subscription for R...
Icon Offshore CEO, COO get six months leave to assist in MACC's investigations
April 28, 2015 07:39:24 pm
KUALA LUMPUR (Apr 28): Icon Offshore Bhd has granted chief executive officer (CEO) Dr Jamal Yusof and chief operating officer (COO) Rahman Yusof a six...
MAHB gets RM23.58m Doha Int'l Airport facility management job
April 28, 2015 07:26:12 pm
KUALA LUMPUR (Apr 28): Malaysia Airports Holdings Bhd (MAHB) has bagged a RM23.58 million job for the provision of facility management services for th...
Tsipras presses for May debt deal, says referendum possible
April 28, 2015 07:22:25 pm
ATHENS (Apr 28): Greek Prime Minister Alexis Tsipras said on Tuesday he was confident of an outline deal with international creditors within two weeks...
Futures down ahead of Fed meeting
April 28, 2015 07:21:54 pm
(Apr 28): U.S. stock index futures were down on Tuesday as investors took to the sidelines before the start of a two-day Federal Reserve meeting. * An...
Asdion to diversify into logistics
April 28, 2015 07:20:56 pm
KUALA LUMPUR (Apr 28): Software developer Asdion Bhd has proposed to diversify its business to include logistics, following a share sale agreement it ...
Oil slips on expected U.S. stock build, but weaker dollar provides support
April 28, 2015 07:20:50 pm
LONDON (Apr 28): Brent crude futures slipped on Tuesday ahead of weekly U.S. crude inventory data that is expected to hit another high, but a weaker d...
Icon Offshore CEO and COO granted leave of absence for six months
April 28, 2015 07:20:41 pm
KUALA LUMPUR (Apr 28): Icon Offshore Bhd has granted chief executive officer (CEO) Dr Jamal Yusof and chief operating officer (COO) Rahman Yusof a six...
East Malaysia keen to take over MASwings from troubled national carrier
April 28, 2015 07:05:17 pm
(Apr 28): Sabah and Sarawak state governments have expressed their interests in taking over MASwings, a subsidiary of loss-making and financially stra...
IGB REIT sees 1Q distributable income up 19%
April 28, 2015 07:01:43 pm
KUALA LUMPUR (Apr 28): IGB Real Estate Investment Trust (IGB REIT), which has the Mid Valley Megamall and The Gardens Mall in its portfolio, sees a di...
DRB-Hicom unit bags RM50m job to build ICQS complex in Kedah
April 28, 2015 06:48:54 pm
KUALA LUMPUR (Apr 28): DRB-Hicom Bhd's wholly-owned unit Hicom Builders Sdn Bhd has bagged a RM50 million contract from Northern Gateway Infrastructur...
Muar Ban Lee signs MoU to dispose oil palm plantation unit for RM35.1m
April 28, 2015 06:32:59 pm
KUALA LUMPUR (Apr 28): Muar Ban Lee Group Bhd has entered into a memorandum of understanding (MoU) to dispose of its oil palm plantation unit Sokor Ge...
European shares stumble as UPM-Kymmene and Commerzbank fall
April 28, 2015 06:30:32 pm
LONDON (Apr 28): European equities fell on Tuesday following some weaker-than-expected corporate updates, with paper maker UPM-Kymmene slipping after ...
Palm slides to 8-month low as ringgit continues to climb
April 28, 2015 06:23:10 pm
KUALA LUMPUR (Apr 28): Malaysian palm oil futures slid to an eight-month low on Tuesday as the ringgit continued to gain traction, stoking worries tha...
Pelita Niagamas emerges as substantial shareholder in Ge-Shen Corp
April 28, 2015 06:21:17 pm
KUALA LUMPUR (Apr 28): Pelita Niagamas Sdn Bhd has emerged as a substantial shareholder in Ge-Shen Corp Bhd, following its acquisition of 11 million s...
Globetronics 1Q profit up 21.6% on higher volume loadings, declares 13 sen dividend
April 28, 2015 06:19:34 pm
KUALA LUMPUR (Apr 28): Globetronics Technology Bhd (Globetronics) registered a net profit jump of 21.6% in the first quarter ended Mar 31, 2015 (1Q15)...
Petronas Chemicals keen to pursue collaborations to develop new products
April 28, 2015 06:15:44 pm
KUALA LUMPUR (Apr 28): Petronas Chemicals Group Bhd (PCG), the petrochemical arm of Petroliam Nasional Bhd (Petronas), is keen to accelerate innovatio...
Gold around $1,200/oz on softer dollar ahead of Fed meeting
April 28, 2015 06:09:03 pm
LONDON (Apr 28): Gold was flat on Tuesday as the dollar edged lower ahead of a U.S. Federal Reserve policy meeting that could provide a steer on when ...
Maxwell aborts acquisition of Hong Kong garment firm
April 28, 2015 06:05:30 pm
KUALA LUMPUR (Apr 28): Maxwell International (Hong Kong) Ltd, an intermediary unit of Maxwell International Holdings Bhd, has aborted a plan to acquir...
Unisem’s 1Q earnings jump 154% on improved margin
April 28, 2015 06:02:08 pm
KUALA LUMPUR (Apr 28): Semiconductor devices manufacturer Unisem (M) Bhd’s net profit for the first financial quarter ended Mar 31, 2015 (1QFY15) has ...
MRT2 realignment a boost for Bandar Malaysia
April 28, 2015 06:00:00 pm
THE proposed realignment of the Sungai Buloh-Serdang-Putrajaya (SSP) line — to cut through the Bandar Malaysia development in Sungai Besi as opposed t...
Robert Walters: Malaysia raises profile as preferred regional hub
April 28, 2015 05:57:29 pm
KUALA LUMPUR (Apr 28): Malaysia has raised its profile as a preferred regional hub, boasting one of the highest growth in job advertising volumes with...
Robert Walters: Malaysia raises profile as preferred regional hub
April 28, 2015 05:57:29 pm
KUALA LUMPUR (Apr 28): Malaysia has raised its profile as a preferred regional hub, boasting one of the highest growth in job advertising volumes with...
Bina Puri denies UFUN’s Utoken link
April 28, 2015 05:55:16 pm
KUALA LUMPUR (Apr 28): Bina Puri Holdings Bhd (Bina Puri) has denied that it is linked in anyway to Utoken, a virtual currency issued by Utoken Reserv...
Wan Azizah goes shopping to make a point about GST
April 28, 2015 05:53:30 pm
(April 28): PKR president Datuk Seri Dr Wan Azizah Wan Ismail, who is Pakatan Rakyat's candidate for the Permatang Pauh by-election, took her campaign...
Oil falls as U.S. crude stockpiles set for another high
April 28, 2015 05:42:25 pm
LONDON (Apr 28): Oil prices fell on Tuesday ahead of weekly U.S. crude inventory data that is expected to hit another high, withdrawing further from a...
KLCI slips 0.24% on lacklustre trading ahead of long holiday weekend
April 28, 2015 05:22:10 pm
KUALA LUMPUR (Apr 28): The benchmark FBM KLCI closed 4.52 points or 0.24% lower to finish at 1,855.06 points today as the market slipped on lacklustre...
Stocks cool ahead of Fed, pound skids on disappointing GDP
April 28, 2015 05:00:15 pm
LONDON (Apr 28): World shares shuffled away from all-time highs on Tuesday as surging Chinese stocks took a breather and investors began to retreat to...
Trade Wise: Pesticide maker Imaspro focusing on local plantations
April 28, 2015 05:00:00 pm
PESTICIDE manufacturer Imaspro Bhd, the latest investment target of Datuk Dr Yu Kuan Chon, seems to have piqued the curiosity of investors again. They...
Malaysia's CIMB expects Indonesian operations to improve from Q2
April 28, 2015 04:56:25 pm
KUALA LUMPUR (Apr 28): CIMB Group Holdings Bhd, Malaysia's second largest bank by assets, expects profit from its Indonesian operations to improve fro...
StanChart Q1 profits fall 22 pct as bad debts jump
April 28, 2015 04:43:55 pm
LONDON (Apr 28): Asia-focused bank Standard Chartered said on Tuesday profits in the first quarter of 2015 fell 22 percent from a year ago as losses f...
Templeton fund ends reign in Asia as top picks falter
April 28, 2015 04:43:18 pm
SINGAPORE (Apr 28): Templeton Asian Growth fund, managed by star stock picker Mark Mobius, ended its six-year reign as the biggest equity fund in Asia...
Panasonic sees 4th year of profit gains on auto electronics growth
April 28, 2015 04:36:45 pm
TOKYO (Apr 28): Japan's Panasonic Corp said it remains on track for a fourth straight year of operating profit growth, vindicating a restructuring tha...
British Airways names Vivian Tan-Loh as commercial manager for Malaysia
April 28, 2015 04:21:44 pm
KUALA LUMPUR (Apr 28): British Airways (BA) has appointed Vivian Tan-Loh as commercial manager for Malaysia, overseeing the airline’s commercial activ...
Daiwa profit climbs 16% on brokerage commissions, trading
April 28, 2015 04:17:49 pm
(Apr 28): Daiwa Securities Group Inc.’s fourth-quarter profit rose 16 percent, beating analysts’ estimates as brokerage commissions and trading income...
Texchem Q1 profit jumps more than five times
April 28, 2015 04:08:31 pm
KUALA LUMPUR (Apr 28): Texchem Resources Bhd’s quarterly net profit ballooned over five times to RM4.99 million, or 4.02 sen, for the first quarter en...
Oil falls more than 1 pct, US crude stockpiles set for another high
April 28, 2015 04:08:27 pm
SINGAPORE (Apr 28): Oil fell more than 1 percent on Tuesday ahead of weekly U.S. crude inventory data that is expected to hit another high and as Saud...
Greece hopes keep euro near 3-week high vs stalling dollar
April 28, 2015 04:08:09 pm
LONDON (Apr 28): The euro hovered near a three-week peak on Tuesday, boosted by renewed hopes that cash-strapped Greece could secure extra funding and...
Panasonic sees 4th straight year of growth on auto electronics sales
April 28, 2015 04:00:20 pm
TOKYO (Apr 28): Japan's Panasonic Corp said it remains on track for a fourth straight year of operating profit growth, vindicating a restructuring tha...
RAM assigns preliminary P1 rating to CIMB's RM6b debt programme
April 28, 2015 03:46:04 pm
KUALA LUMPUR (Apr 28): RAM Rating Services Bhd has assigned a preliminary P1 rating to CIMB Group Holdings Bhd’s proposed RM6 billion conventional and...
BNM appoints Mohd Adhari Belal Din as Assistant Governor
April 28, 2015 03:15:52 pm
KUALA LUMPUR (Apr 28): Bank Negara Malaysia has appointed Mohd Adhari Belal Din as Assistant Governor, with effect from May 1, 2015. In a statement to...
MBM Resources to appoint Iveco contract assembler by 3Q15
April 28, 2015 03:11:54 pm
SHAH ALAM (Apr 28): Federal Auto Holdings Bhd, a wholly-owned unit of automotive distributor and retailer MBM Resources Bhd, expects to appoint a cont...
Indonesian IT firm proposes reverse take-over of Visdynamics
April 28, 2015 02:55:25 pm
KUALA LUMPUR (Apr 28): Visdynamics Holdings Bhd has signed a heads of agreement with PT Cipta Srigati Lestari (CSL) for several proposals. These inclu...
China’s slowdown puts Asian central banks in a bind as Fed looms
April 28, 2015 02:45:21 pm
(Apr 28): China’s slowing economy is putting pressure on central banks across Asia to lower interest rates further. For policy makers, that poses a di...
Asian currencies firm ahead of Fed meeting, inflows buoy Taiwan dollar, won
April 28, 2015 02:44:15 pm
SINGAPORE (Apr 28): Most emerging Asian currencies rose on Tuesday as the dollar remained broadly weak amid optimism over Greece's debt deal, while ca...
Asian shares edge off 7-year highs as Fed awaited
April 28, 2015 02:42:40 pm
TOKYO (Apr 28): Asian stocks pulled back from a seven-year peak scaled on Tuesday as sentiment gave way to caution ahead of the Federal Reserve's poli...
Palm slides to 8-month low as ringgit continues to climb
April 28, 2015 02:32:08 pm
KUALA LUMPUR (Apr 28): Malaysian palm oil futures slid to an eight-month low on Tuesday as the ringgit continued to gain traction, stoking worries tha...
April 28, 2015 08:37:45 pm
KUALA LUMPUR (Apr 28): Loss-making communications and software solutions provider NetX Holdings Bhd plans to raise up to RM62.56 million via a 1-for-1...
April 28, 2015 08:00:00 pm
1MALAYSIA DEVELOPMENT BHD’S (1MDB) plan to move ahead with an initial public offering (IPO) of its energy arm, Edra Global Energy Bhd, faces headwinds...
April 28, 2015 07:57:38 pm
KUALA LUMPUR (Apr 28): Bursa Malaysia has issued Tecnic Group Bhd with an unusual market activity (UMA) query today, after a sharp rise in the plastic...
April 28, 2015 07:56:52 pm
KUALA LUMPUR (Apr 28): Boustead Holding Bhd has completed its acquisition of a 50% stake in Irat Properties Sdn Bhd through a third subscription for R...
April 28, 2015 07:39:24 pm
KUALA LUMPUR (Apr 28): Icon Offshore Bhd has granted chief executive officer (CEO) Dr Jamal Yusof and chief operating officer (COO) Rahman Yusof a six...
April 28, 2015 07:26:12 pm
KUALA LUMPUR (Apr 28): Malaysia Airports Holdings Bhd (MAHB) has bagged a RM23.58 million job for the provision of facility management services for th...
April 28, 2015 07:22:25 pm
ATHENS (Apr 28): Greek Prime Minister Alexis Tsipras said on Tuesday he was confident of an outline deal with international creditors within two weeks...
April 28, 2015 07:21:54 pm
(Apr 28): U.S. stock index futures were down on Tuesday as investors took to the sidelines before the start of a two-day Federal Reserve meeting. * An...
April 28, 2015 07:20:56 pm
KUALA LUMPUR (Apr 28): Software developer Asdion Bhd has proposed to diversify its business to include logistics, following a share sale agreement it ...
April 28, 2015 07:20:50 pm
LONDON (Apr 28): Brent crude futures slipped on Tuesday ahead of weekly U.S. crude inventory data that is expected to hit another high, but a weaker d...
April 28, 2015 07:20:41 pm
KUALA LUMPUR (Apr 28): Icon Offshore Bhd has granted chief executive officer (CEO) Dr Jamal Yusof and chief operating officer (COO) Rahman Yusof a six...
April 28, 2015 07:05:17 pm
(Apr 28): Sabah and Sarawak state governments have expressed their interests in taking over MASwings, a subsidiary of loss-making and financially stra...
April 28, 2015 07:01:43 pm
KUALA LUMPUR (Apr 28): IGB Real Estate Investment Trust (IGB REIT), which has the Mid Valley Megamall and The Gardens Mall in its portfolio, sees a di...
April 28, 2015 06:48:54 pm
KUALA LUMPUR (Apr 28): DRB-Hicom Bhd's wholly-owned unit Hicom Builders Sdn Bhd has bagged a RM50 million contract from Northern Gateway Infrastructur...
April 28, 2015 06:32:59 pm
KUALA LUMPUR (Apr 28): Muar Ban Lee Group Bhd has entered into a memorandum of understanding (MoU) to dispose of its oil palm plantation unit Sokor Ge...
April 28, 2015 06:30:32 pm
LONDON (Apr 28): European equities fell on Tuesday following some weaker-than-expected corporate updates, with paper maker UPM-Kymmene slipping after ...
April 28, 2015 06:23:10 pm
KUALA LUMPUR (Apr 28): Malaysian palm oil futures slid to an eight-month low on Tuesday as the ringgit continued to gain traction, stoking worries tha...
April 28, 2015 06:21:17 pm
KUALA LUMPUR (Apr 28): Pelita Niagamas Sdn Bhd has emerged as a substantial shareholder in Ge-Shen Corp Bhd, following its acquisition of 11 million s...
April 28, 2015 06:19:34 pm
KUALA LUMPUR (Apr 28): Globetronics Technology Bhd (Globetronics) registered a net profit jump of 21.6% in the first quarter ended Mar 31, 2015 (1Q15)...
April 28, 2015 06:15:44 pm
KUALA LUMPUR (Apr 28): Petronas Chemicals Group Bhd (PCG), the petrochemical arm of Petroliam Nasional Bhd (Petronas), is keen to accelerate innovatio...
April 28, 2015 06:09:03 pm
LONDON (Apr 28): Gold was flat on Tuesday as the dollar edged lower ahead of a U.S. Federal Reserve policy meeting that could provide a steer on when ...
April 28, 2015 06:05:30 pm
KUALA LUMPUR (Apr 28): Maxwell International (Hong Kong) Ltd, an intermediary unit of Maxwell International Holdings Bhd, has aborted a plan to acquir...
April 28, 2015 06:02:08 pm
KUALA LUMPUR (Apr 28): Semiconductor devices manufacturer Unisem (M) Bhd’s net profit for the first financial quarter ended Mar 31, 2015 (1QFY15) has ...
April 28, 2015 06:00:00 pm
THE proposed realignment of the Sungai Buloh-Serdang-Putrajaya (SSP) line — to cut through the Bandar Malaysia development in Sungai Besi as opposed t...
April 28, 2015 05:57:29 pm
KUALA LUMPUR (Apr 28): Malaysia has raised its profile as a preferred regional hub, boasting one of the highest growth in job advertising volumes with...
April 28, 2015 05:57:29 pm
KUALA LUMPUR (Apr 28): Malaysia has raised its profile as a preferred regional hub, boasting one of the highest growth in job advertising volumes with...
April 28, 2015 05:55:16 pm
KUALA LUMPUR (Apr 28): Bina Puri Holdings Bhd (Bina Puri) has denied that it is linked in anyway to Utoken, a virtual currency issued by Utoken Reserv...
April 28, 2015 05:53:30 pm
(April 28): PKR president Datuk Seri Dr Wan Azizah Wan Ismail, who is Pakatan Rakyat's candidate for the Permatang Pauh by-election, took her campaign...
April 28, 2015 05:42:25 pm
LONDON (Apr 28): Oil prices fell on Tuesday ahead of weekly U.S. crude inventory data that is expected to hit another high, withdrawing further from a...
April 28, 2015 05:22:10 pm
KUALA LUMPUR (Apr 28): The benchmark FBM KLCI closed 4.52 points or 0.24% lower to finish at 1,855.06 points today as the market slipped on lacklustre...
April 28, 2015 05:00:15 pm
LONDON (Apr 28): World shares shuffled away from all-time highs on Tuesday as surging Chinese stocks took a breather and investors began to retreat to...
April 28, 2015 05:00:00 pm
PESTICIDE manufacturer Imaspro Bhd, the latest investment target of Datuk Dr Yu Kuan Chon, seems to have piqued the curiosity of investors again. They...
April 28, 2015 04:56:25 pm
KUALA LUMPUR (Apr 28): CIMB Group Holdings Bhd, Malaysia's second largest bank by assets, expects profit from its Indonesian operations to improve fro...
April 28, 2015 04:43:55 pm
LONDON (Apr 28): Asia-focused bank Standard Chartered said on Tuesday profits in the first quarter of 2015 fell 22 percent from a year ago as losses f...
April 28, 2015 04:43:18 pm
SINGAPORE (Apr 28): Templeton Asian Growth fund, managed by star stock picker Mark Mobius, ended its six-year reign as the biggest equity fund in Asia...
April 28, 2015 04:36:45 pm
TOKYO (Apr 28): Japan's Panasonic Corp said it remains on track for a fourth straight year of operating profit growth, vindicating a restructuring tha...
April 28, 2015 04:21:44 pm
KUALA LUMPUR (Apr 28): British Airways (BA) has appointed Vivian Tan-Loh as commercial manager for Malaysia, overseeing the airline’s commercial activ...
April 28, 2015 04:17:49 pm
(Apr 28): Daiwa Securities Group Inc.’s fourth-quarter profit rose 16 percent, beating analysts’ estimates as brokerage commissions and trading income...
April 28, 2015 04:08:31 pm
KUALA LUMPUR (Apr 28): Texchem Resources Bhd’s quarterly net profit ballooned over five times to RM4.99 million, or 4.02 sen, for the first quarter en...
April 28, 2015 04:08:27 pm
SINGAPORE (Apr 28): Oil fell more than 1 percent on Tuesday ahead of weekly U.S. crude inventory data that is expected to hit another high and as Saud...
April 28, 2015 04:08:09 pm
LONDON (Apr 28): The euro hovered near a three-week peak on Tuesday, boosted by renewed hopes that cash-strapped Greece could secure extra funding and...
April 28, 2015 04:00:20 pm
TOKYO (Apr 28): Japan's Panasonic Corp said it remains on track for a fourth straight year of operating profit growth, vindicating a restructuring tha...
April 28, 2015 03:46:04 pm
KUALA LUMPUR (Apr 28): RAM Rating Services Bhd has assigned a preliminary P1 rating to CIMB Group Holdings Bhd’s proposed RM6 billion conventional and...
April 28, 2015 03:15:52 pm
KUALA LUMPUR (Apr 28): Bank Negara Malaysia has appointed Mohd Adhari Belal Din as Assistant Governor, with effect from May 1, 2015. In a statement to...
April 28, 2015 03:11:54 pm
SHAH ALAM (Apr 28): Federal Auto Holdings Bhd, a wholly-owned unit of automotive distributor and retailer MBM Resources Bhd, expects to appoint a cont...
April 28, 2015 02:55:25 pm
KUALA LUMPUR (Apr 28): Visdynamics Holdings Bhd has signed a heads of agreement with PT Cipta Srigati Lestari (CSL) for several proposals. These inclu...
April 28, 2015 02:45:21 pm
(Apr 28): China’s slowing economy is putting pressure on central banks across Asia to lower interest rates further. For policy makers, that poses a di...
April 28, 2015 02:44:15 pm
SINGAPORE (Apr 28): Most emerging Asian currencies rose on Tuesday as the dollar remained broadly weak amid optimism over Greece's debt deal, while ca...
April 28, 2015 02:42:40 pm
TOKYO (Apr 28): Asian stocks pulled back from a seven-year peak scaled on Tuesday as sentiment gave way to caution ahead of the Federal Reserve's poli...
April 28, 2015 02:32:08 pm
KUALA LUMPUR (Apr 28): Malaysian palm oil futures slid to an eight-month low on Tuesday as the ringgit continued to gain traction, stoking worries tha...
