1MDB to sell 60 pct stake in Bandar Malaysia to consortium for rm7.41 bln
KUALA LUMPUR: 1Malaysia Development Bhd (1MDB) has inked a share sale and purchase agreement to sell a 60 per cent…
Browsing: Business
Analysts positive on developments in 4G trends in telco sector
KUCHING: Analysts are generally positive on the developments in 4G trends in the telecommunications sector, as operators strive to provide…
Boustead’s disposal of loss-making operation deemed fair
KUCHING: Boustead Holdings Bhd’s (Boustead) proposed disposal of its loss-making operation has been deemed by analysts to be fair. In…
Asean launches economic bloc but analysts sceptical
JAKARTA: Southeast Asian nations officially launched an EU-inspired economic bloc yesterday aimed at boosting the region’s trading clout and attracting…
Crescendo’s 9M16 results within expectations — Kenanga Research
KUCHING: Crescendo Corporation Bhd’s (Crescendo) first nine months of 2016 (9M16) results were well within the research arm of Kenanga…
Hong Leong Bank has room to grow, backed by resilient asset quality
KUCHING: Hong Leong Bank Bhd (Hong Leong Bank) has plenty of room to grow, analysts say, with the group targeting…
Hovid capacity expansion to inject top line growth in 2016
KUCHING: Hovid Bhd’s (Hovid) increased capacity production is expected to improve its revenue next year. The research arm of CIMB…
Berjaya Food growth to be driven by Starbucks
KUCHING: Berjaya Food Bhd’s (Berjaya Food) growth in 2016 is expected to be driven by Starbucks, while the group also…