Moody’s: Hong Leong Bank’s rights issue credit positive
KUALA LUMPUR: Hong Leong Bank Bhd’s rights issue exercise is credit positive for the bank as it will significantly strengthen…
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Analysts less than sanguine on RHB’s employee scheme, tweak forecasts
KUALA LUMPUR: Analysts are less than optimistic on RHB Capital Bhd’s Career Transition Scheme (CTS) as employees leave the group…
Ringgit to stabilise at 4.20 to 4.30 until year end — Affin Hwang AM
KUALA LUMPUR: Affin Hwang Asset Management Bhd (Affin Hwang AM) believes the ringgit will remain weaker against the US dollar,…
IPO proceeds to help KTC expand in East M’sia
KUCHING: Sabah-based Kim Teck Cheong Consolidated Bhd (KTC Group) will carry out its expansion plans more effectively as it heads…
KPMG expects faster GST refunds soon
KUALA LUMPUR: Audit, tax and advisory services firm, KPMG sees further improvement in Malaysia’s Goods and Services Tax (GST) refund…
Maxis records lower earnings in 3Q15
KUCHING: Maxis Bhd (Maxis) Bhd posted lower earnings in the third quarter of 2015 (3Q15). The telecommunication services provider in…
Malaysia can hit GDP target if oil prices above US$40
PUTRAJAYA: Malaysia can achieve the projected Gross Domestic Product (GDP) growth of four to six per cent next year if…
Earnings still sturdy for IGB REIT in 3Q15
KUCHING: IBG Real Estate Investment Trust (IGB REIT) saw another resilient quarter with its third quarter 2015 (3Q15) distributable income…