Business Times (Malaysia) articles from June 2012

Business Times (Malaysia) archives from June 2012

Tradewinds Kicks off RM6b Project, Upgrades More Assets
June 30, 2012... Byline: Vasantha Ganesan KUALA LUMPUR: Tradewinds Corp Bhd (TCB) will demolish the Crowne Plaza Mutiara Kuala Lumpur and Kompleks Antarabangsa as early as the first quarter of 2013 to build a RM6 billion Tradewinds Centre. To be located on...

Future Money Spinners
June 30, 2012... Byline: Hamisah Hamid IT IS common to hear "youths are the future leaders" but now youths are also the "future money spinners" in the financial sector. Previously, teenagers and young adults were sidelined when banks marketed their...

AmResearch Reaffirms 'Buy' Call on Media Prima
June 30, 2012... Byline: Sharen Kaur KUALA LUMPUR: AMRESEARCH Sdn Bhd has reaffirmed its "buy" rating on Media Prima Bhd but with a lower fair value. The stock's fair value is now RM2.90 from RM3.10 previously due to a downward revision in earnings. ...

Another Milestone for BMW
June 30, 2012... KUALA LUMPUR: BMW Group Malaysia has unveiled the third variant of the BMW 6 Series, the Gran Coupe, joining its coupe and convertible siblings. Malaysia is the first country in Asia to unveil the four-door Gran Coupe, BMW Malaysia officials...

OCK Targets RM27m from Listing
June 30, 2012... KUALA LUMPUR: OCK Group Bhd aims to raise RM27 million when it floats its shares on the ACE Market of Bursa Malaysia next month. The telecommunications service provider said it will use the proceeds of its listing, slated on July 17, mostly for...

Group to Raise RM73.1m
June 30, 2012... Byline: Rupinder Singh KUALA LUMPUR: CONSTRUCTION and property development group Gabungan AQRS Bhd is raising RM73.1 million from its listing on Bursa Malaysia's Main Market. Chief executive officer Alvin Ng Chun Kooi said about RM30.46...

KSL Awaiting Nod for Project
June 30, 2012... Byline: Presenna Nambiar JOHOR BARU: PROPERTY developer KSL Holdings Bhd is yet to receive building approval for its proposed 10-storey high-end condominium development in Jalan Madge off Jalan U-Thant, Kuala Lumpur. The project has been...

FBM KLCI Consolidates Gains, Slips below 1,600
June 30, 2012... Byline: S.N. Lock THE FTSE Bursa Malaysia Kuala Lumpur Composite Index (FBM KLCI) failed in its bid to stay decisively above its overhead support of 1,600, failing to move in tandem with the better performances on regional stock markets. ...

StanChart: Bursa Set to Perform Better in Second Half
June 30, 2012... Byline: Rupa Damodaran KUALA LUMPUR: Malaysian equities are likely to perform better in the second half of the year, although the Standard Chartered Bank (StanChart) favours bourses in China and South Korea as its top Asian choices. ...

MAS Fleet Rejuvenation Picks Up Speed with A380
June 30, 2012... Byline: June Ramlee KUALA LUMPUR: BY the end of this year, Malaysia Airlines will have one of the youngest fleets among carriers in the whole of Southeast Asia, with aircraft not more than seven years old. MAS group chief executive officer...

Buoyant Debut Reflects Investors' Confidence in FGV
June 29, 2012... Byline: Zaidi Isham Ismail KUALA LUMPUR: FELDA Global Ventures Holdings Bhd's (FGV) positive share performance yesterday reflects investor confidence in the stock as well as on Malaysia's business entities, Affin Investment Bank head of...

Halim Buying Sumatec Shipping Assets
June 29, 2012... KUALA LUMPUR: Tan Sri Halim Saad is buying Sumatec Resources Bhd's flagship shipping assets under a deal that will wipe out the oil and gas company's big debts. Sumatec signed with once-influential businessman Halim yesterday to sell Semua...

Fountain View Case to Act as Deterrent, Says Watchdog Group
June 29, 2012... Byline: Roziana Hamsawi KUALA LUMPUR: The 12-month jail term and RM1.3 million fine on Fountain View Development Bhd's former director have been viewed positively by capital market stakeholders. The Minority Shareholder Watchdog Group...

Petronas Buys Canada's Progress Energy
June 29, 2012... KUALA LUMPUR: PETROLIAM Nasional Bhd (Petronas) is buying Canada's Progress Energy Resources Corp for C$5.5 billion (RM17.12 billion). Petronas, via wholly-owned Petronas Carigali Canada Ltd, signed the deal in Calgary yesterday. This...

National Oil Company among Asia's Top 10 Leadership Firms
June 29, 2012... KUALA LUMPUR: National oil company Petroliam Nasional Bhd (Petronas) has been identified as one of Asia's top 10 best leadership companies. It shared the limelight with other globally renowned companies like Coca-Cola, IBM, Nestle, Procter...

Celcom in Tie-Up with Transnasional
June 29, 2012... Byline: Goh Thean Eu KUALA LUMPUR: CELCOM Axiata Bhd, the country's second largest mobile operator, has signed a pact with Konsortium Transnasional Bhd and Sinar Aki Sdn Bhd for a project that allows passengers on Transnasional express buses...

LBS Targets China Property Launch
June 29, 2012... Byline: Rupinder Singh PETALING JAYA: LBS Bina Group Bhd plans to launch its maiden property project in Zhuhai, China, by the middle of next year. Managing director Datuk Lim Hock San said the first phase of the 79ha project might comprise...

Penang Port Set to Grow in Stature
June 29, 2012... Byline: Marina Emmanuel KUALA LUMPUR: AN automotive logistics hub to be built on mainland Penang for RM630 million is set to raise Penang Port's profile as a transportation and logistics hub. The Penang Port will be boosted further with...

Time dotCom's Regional Ambition
June 29, 2012... Byline: Goh Thean Eu PETALING JAYA: TIME DOTCOM Bhd, a fixed-line broadband operator, hopes to set up its first overseas data centre by year-end to tap into the growing demand of such centres. The location has yet been finalised but it is...

'National Policy Crucial to Boost Biomass Sector'
June 29, 2012... Byline: Zaidi Isham Ismail KUALA LUMPUR: THE country needs to introduce a national policy on biomass to make the sector more attractive, an industry player said. Such a policy must spell out ways to curb rampant biomass exports and control...

No Surprise over Branson's Exit from AirAsia X
June 29, 2012... Byline: Bilqis Bahari KUALA LUMPUR: Sir Richard Branson's Virgin Atlantic Airways Ltd exit from AirAsia X Sdn Bhd is not a surprise to those in the industry. They also said the move will not affect AirAsia X's initial public offering...

It's Not That Daunting for Aireen
June 29, 2012... Byline: Hamisah Hamid KUALA LUMPUR: IT IS not uncommon in corporate Malaysia to see female chief executive officers (CEOs), but it is quite a novelty to see a woman heading an airline company in an industry where the fairer sex are usually...

Warning over Penny Stock Plays
June 28, 2012... Byline: Francis Fernandez KUALA LUMPUR: THE Securities Commission (SC) is believed to be in the process of clamping down on speculative trading of penny stocks. A circular from the SC to a brokerage house obtained by Business Times...

Crowne Plaza to Make Way for Tradewinds Centre Project
June 28, 2012... Byline: Vasantha Ganesan KUALA LUMPUR: Tradewinds Corp Bhd (TCB) is scheduled to demolish two of its buildings here next year to make way for the Tradewinds Centre project. The Tradewinds Centre, which will have four towers and is...

CIMB Exit Pulls Down Muhibbah Shares
June 28, 2012... Byline: Goh Thean Eu KUALA LUMPUR: Muhibbah Engineering (M) Bhd shares fell the most in more than a year after CIMB Bank Bhd withdrew support for a proposed scheme to restructure Asia Petroleum Hub (APH) project. Muhibbah is a contractor...

TSH: RM90 Offer for Pontian Utd Attractive
June 28, 2012... Byline: Roziana Hamsawi KUALA LUMPUR: TSH Resources Bhd says its RM90 offer price for each share in unlisted Pontian United Plantations Bhd (PUPB) provides an "attractive opportunity" for the latter's shareholders to exit and also own...

CCM Banking on Initiatives to Boost Growth, Profit
June 28, 2012... Byline: Rupinder Singh KUALA LUMPUR: The Chemical Company of Malaysia Bhd (CCM) plans to implement various strategic initiatives focusing on sustained market growth and profitability for its chemical, pharmaceutical, and fertiliser divisions....

Guan Chong Gets S'pore Green Light to Publish Prospectus
June 28, 2012... Byline: Presenna Nambiar JOHOR BARU: Cocoa industrial ingredients company Guan Chong Bhd (GCB) has received the Monetary Authority of Singapore's approval to publish its prospectus for public comment. GCB is proposing a dual listing on the...

New Plan Expected to Boost Celcom's User Base
June 28, 2012... Byline: Bilqis Bahari KUALA LUMPUR: MOBILE telecommunications provider Celcom Axiata Bhd is optimistic that the newly-launched Celcom First Voice Plan will help the group expand its subscribers base. Chief executive officer Datuk Seri...

Masteel in RM500m Supply Deal
June 28, 2012... Byline: Rupinder Singh KUALA LUMPUR: MALAYSIA Steel Works (KL) Bhd (Masteel) has secured a RM500 million contract to supply steel products to a top trading company. Masteel will supply up to 270,000 tonnes of steel products to...

Perisai Mulls Buying 2nd Jack-Up Drilling Rig
June 28, 2012... Byline: Kamarul Yunus KUALA LUMPUR: Oil and gas support services firm Perisai Petroleum Teknologi Bhd is considering acquiring a US$210 million (RM663.6 million) jack-up drilling rig after placing an order for the construction of its first...

Islamic Finance at Crucial Growth Stage
June 28, 2012... KUALA LUMPUR: The Islamic finance industry needs to redefine and establish the enabling environment to spur its next phase of growth, says Securities Commission executive director for Islamic capital market Zainal Izlan Zainal Abidin. He said...

NCT Banks on Rising Demand in Sepang
June 28, 2012... Byline: Goh Thean Eu KUALA LUMPUR: NCT United Development Sdn Bhd, a property development arm of NCT Venture Corp Sdn Bhd, expects to receive strong response for its township project, Sepang Perdana, as demand for properties in Sepang,...

Maxis, Content Providers Tie Up
June 28, 2012... Byline: Goh Thean Eu KUALA LUMPUR: MAXIS Bhd has signed strategic pacts with Media Prima Bhd and 13 other content providers, to help secure various channels for its soon-to-be-launched Internet Protocol TV (IPTV) services. "Through these...

Call to Tap Guinea's Economic Sectors
June 28, 2012... Byline: Sharen Kaur KUALA LUMPUR: Malaysian firms have been invited by the Republic of Guinea to tap opportunities in it's economic sectors like mining and infrastructure development. "In the past, companies like Telekom Malaysia and...

NCER Sees 21pc Jump in Investments to RM12b
June 28, 2012... Byline: Rupa Damodaran KUALA LUMPUR: THE Northern Corridor Economic Region (NCER) anti-cipates a 21 per cent jump in investments to RM12 billion by the end of the year from last year's RM9.91 billion. For the first six months of this year,...

Baghdad Beckons for AirAsia X?
June 27, 2012... Byline: Vasantha Ganesan KUALA LUMPUR: Long-haul budget carrier, AirAsia X is believed to have obtained the rights to fly to Baghdad, Iraq, starting this week. According to sources, AirAsia X obtained rights to fly twice weekly into the...

TSH, Partners Offer to Buy out Pontian United
June 27, 2012... Byline: Zuraimi Abdullah KUALA LUMPUR: TSH Resources Bhd and a few partners plan to take over little-known Pontian United Plantations Bhd in a deal that will cost up to RM625 million. They will pay RM90 each for the remaining Pontian...

Fund-Raising of a Special Kind
June 27, 2012... Byline: Zaidi Isham Ismail COMPANIES going for a listing is part and parcel of a business fund-raising exercise and it is usually routine and sometimes a mundane affair. One of the many firms to float their shares this year will be Felda...

Silver Bird Sinks into RM295m Pre-Tax Loss
June 27, 2012... KUALA LUMPUR: Silver Bird Group Bhd, a bakery firm, plunged into a second quarter pre-tax loss of RM295 million, because of lower earnings from its consumer food division, and losses from seven dormant subsidiaries. The consumer food division...

IGB Eyes Hospitality, Office REITs
June 27, 2012... Byline: Vasantha Ganesan KUALA LUMPUR: IGB Corp Bhd (IGB), which will have RM800 million cash following the listing of IGB Real Estate Investment Trust (REIT), is looking at spinning off two more REITs in the next five years. Group...

SMI Seeks New Core Business
June 27, 2012... Byline: Presenna Nambiar JOHOR BARU: Property developer, steel wire maker and trader South Malaysia Industries Bhd (SMI) is on the lookout for a new core business, with an eye on the water industry in China. "We already have a presence in...

Pelikan Pens Return to Black by Writing off Non-Core Units
June 27, 2012... Byline: Vasantha Ganesan KUALA LUMPUR: Pelikan International Corp Bhd expects to return to the black in the financial year ending December 31 2013 as it reorganises its structure and divests non-core businesses. Coupled with its move to...

Matrade to Hold Green Technology Forum Tomorrow
June 27, 2012... Byline: Roziana Hamsawi KUALA LUMPUR: Malaysia External Trade Development Corporation (Matrade) is organising a seminar on the promotion of green technology tomorrow. Titled "Going Green: Sharing of Experience Among TPOs (Trade Promotion...

Glomac Mulls M&A to Grow Market Cap
June 27, 2012... Byline: Sharen Kaur KUALA LUMPUR: GLOMAC Bhd, a mid-size property developer, is looking at mergers and acquisitions (M&A) to help raise its market capitalisation (market cap) to more than RM1 billion over the next two to three years. ...

Panasonic Zooms in on Target
June 27, 2012... Byline: Rupinder Singh KUALA LUMPUR: PANASONIC Malaysia Sdn Bhd is targeting sales of more than RM20 million for its security and surveillance segment this year. Managing director Jeff Lee is confident the company will achieve the target...

Iris Bags Farm Deal from Pahang Govt
June 27, 2012... KUALA LUMPUR: Iris Corporation Bhd (ICB) has been appointed by Pahang State Secretary Office (PSK) to be the turnkey contractor for the development of a modern integrated farm in Kampung Sungai Kepong, Lipis, Pahang, for RM23 million. ICB said...

UMW Drilling Buys Assets to Build Up Muscle
June 27, 2012... KUALA LUMPUR: UMW Holdings Bhd, through its unit UMW Drilling 4 (L) Ltd (UMW4), is acquiring Offshore Driller B324 Ltd (OD B324) and a mobile offshore self-elevating drilling unit for a combined US$214 million (RM676 million). UMW4, a...

Meritus Pelangi Completes 30pc of Refurbishment Job
June 27, 2012... Byline: Marina Emmanuel GEORGE TOWN: MERITUS Pelangi Beach Resort and Spa in Langkawi has completed some 30 per cent of its major refurbishment exercise, with its first batch of 100 refreshed rooms coming into operation next month. The...

External Demand to Bounce Back in Q4
June 27, 2012... Byline: Rupa Damodaran KUALA LUMPUR: THE Malaysian economy is likely to see a return in strength in the external demand in the fourth quarter on the back of stronger Chinese demand, Standard Chartered Bank said. Support for commodities is...

NZ Diners Invests RM3.5m in New Outlet
June 27, 2012... Byline: Bilqis Bahari PETALING JAYA: NZ Diners, the food and beverage (F&B) arm of the Naza group of companies, is confident that its newly launched Bubba Gump Shrimp Co restaurant will help the company grow its revenue by 42 per cent to...

Malaysians Quick to Adopt New Technologies
June 27, 2012... Byline: Kamarul Yunus PETALING JAYA: Malaysia, where people are now more connected digitally, should be among the markets to quickly adopt new technologies that will become prevalent over the next five years, Omnicom Media Group Malaysia...

FGV's Q1 Net Hits RM223.2m
June 26, 2012... Byline: Zuraimi Abdullah KUALA LUMPUR: FELDA Global Ventures Holdings Bhd (FGV) posted a net profit of RM223.21 million in the first quarter ended March 31 2012. This was lower than the RM350.16 million recorded in the same quarter last...

FBM KLCI Pares Gain after Record High
June 26, 2012... Byline: Francis Fernandez KUALA LUMPUR: Malaysia's benchmark equities index rallied to a historical high yesterday but analysts cautioned that further upside is limited in the near term. The all blue-chip FTSE Bursa Malaysia KLCI (FBM...

KPJ Will Spend RM2b to Build, Expand Hospitals
June 26, 2012... Byline: Presenna Nambiar JOHOR BARU: KPJ Healthcare Bhd will spend RM2 billion in the next five years to build new and expand existing hospitals locally and abroad. "We receive a lot of enquiries (from overseas) but we have been successful...

M&A: FGV Fair Value at RM5.65
June 26, 2012... KUALA LUMPUR: M&A Securities, which has called a "buy" on Felda Global Ventures Holdings Bhd, sees an upside of 24 per cent to the plantation company's IPO price of RM4.55. In its research note, the firm is giving FGV a fair value at...

Petronas Dagangan Sets Aside RM200m for Capex
June 26, 2012... Byline: Kamarul Yunus KUALA LUMPUR: PETRONAS Dagangan Bhd (PDB), the retail arm of Petroliam Nasional Bhd (Petronas) has set aside RM200 million as capital expenditure (capex) to boost its recently acquired six downstream assets across...

Retailers Group Raises Forecast
June 26, 2012... Byline: Vasantha Ganesan KUALA LUMPUR: THE Malaysian Retailer-Chains Association (MRCA) has revised upwards its 2012 revenue growth projection of its members to between five per cent and six per cent as it foresees more contributions coming...

George Kent's Q1 Pre-Tax Rises to RM6.5m
June 26, 2012... KUALA LUMPUR: George Kent (Malaysia) Bhd's first-quarter pre-tax profit rose 35 per cent to RM6.5 million on the back of higher revenue of RM39.7 million, as market penetration for meters manufacturing, especially in overseas markets, improved...

MyIX Helps Boost Local Broadband Reach
June 26, 2012... Byline: Sharen Kaur KUALA LUMPUR: Malaysia's first neutral Internet Exchange, MyIX, has played a role to improve the local broadband household penetration rate to 63 per cent as of early this year, says its chief. "The bigger credit goes...

Theatrics and 'False Solutions'
June 26, 2012... Byline: Ooi Tee Ching KUALA LUMPUR: THE Rio+20 Earth Summit, which marked the 20th anniversary of the 1992 Earth Summit in Rio, left many questioning and criticising the "green economy" approach by western environmental activists as offering...

New Steel Mill in Lumut
June 26, 2012... Byline: S. Ista Kyra IPOH: An integrated steel mill, to be built in Lumut, is expected to reduce the coun-try's steel import dependence by some RM6 billion once it is fully operational by June 2015. Maegma Steel HRC Sdn Bhd director Tunku...

Proposal to Export Excess Oil Palm Seeds
June 26, 2012... Byline: Roziana Hamsawi KUALA LUMPUR: THE government is in favour of the suggestion that the country's excess oil palm seeds be exported. Plantation Industries and Commodities Minister Tan Sri Bernard Dompok said the details of this would...

Minister: We Can Cope with Global Headwinds
June 26, 2012... Byline: Rupa Damodaran PUTRAJAYA: MALAYSIA has the ability to withstand past and current external headwinds as it has the capacity to be flexible in coping with the challenges, said Minister in the Prime Minister's Department Tan Sri Nor...

Services Top Contributor in 2011
June 26, 2012... Byline: Aisyah Sulaiman PUTRAJAYA: More than RM700 billion was generated by 660,000 established businesses that have been actively operating in Malaysia in 2010, according to the Department of Statistics. The figures were released in the...

Revenues Well above Target
June 25, 2012... Byline: Rupa Damodaran KUALA LUMPUR: MALAYSIA'S fiscal deficit level to the gross domestic product is likely to remain unchanged even with the tabling of the RM13.8 billion supplementary budget in Parliament recently, says two foreign bank...

CHHB Mulls Chinese Healthcare Hub
June 25, 2012... Byline: Sharen Kaur KUALA LUMPUR: Country Heights Holdings Bhd (CHHB) is mulling setting up a hub in Kuala Lumpur or Sarawak to house a hospital for traditional Chinese medicine, a university and college. CHHB founder Tan Sri Lee Kim Yew...

FGV Listing to Further Boost Bourse
June 25, 2012... Byline: Roziana Hamsawi THE weaker regional markets last week had minimal impact on the local bourse and this is expected to continue this week, with the FTSE Bursa Malaysia KLCI (FBM KLCI) set to sustain its resilience despite volatility in...

So Far, So Good despite Slow Global Recovery
June 25, 2012... Byline: Rupa Damodaran NOBODY speaks of green shoots and sparkles these days, in the global economy context that is; and quite unlike the last economic crisis three years ago. Discomfiture and gloom reign in the advanced economies now and...

Noah, Philanthropist Who Enriched the Lives of Many
June 25, 2012... Byline: Khaidir A Majid A LOCAL entrepreneur, who has done well for himself both here and overseas, recently related to me a survey conducted to identify the common traits of Taiwan's three richest personalities. The survey identified the...

Kelington Remains Upbeat
June 25, 2012... Byline: Sharen Kaur SHAH ALAM: KELINGTON Group Bhd, which offers ultra high purity gas (UHP) and chemical delivery systems, said although its margins are affected by the global financial meltdown it is still positive on good growth this year....

Maybank Taps Aussie Property Mart
June 25, 2012... KUALA LUMPUR: Malayan Banking Bhd (Maybank) is expanding its "Overseas Mortgage Loan Scheme" for purchase of residential properties in Melbourne, Australia to tap into the growing demand of Malaysians investing in Australian properties. In a...

Han and Nouri's Aerospace Carnival to Spur Interest in Science
June 25, 2012... Byline: Bilqis Bahari KUALA LUMPUR: A clear understanding of basic science and technology is needed among the Malaysian public in order to drive the country into an advanced, high-income nation. "We need to have a basic and strong...

Woongjin Coway Plans Bursa Listing
June 25, 2012... KUALA LUMPUR: South Korea's well-being household electronics appliances maker Woongjin Coway plans to float its Malaysian unit on the local bourse by 2015. Woongjin Coway (M) Sdn Bhd managing director James Park Jae Young said the company has...

95,000 Sign Up for CIMB YOUth
June 25, 2012... Byline: Rupinder Singh KUALA LUMPUR: CIMB Bank Bhd said it has attracted some 95,000 teenagers for its CIMB YOUth savings account, a year after its launch. Retail Financial Service chief Peter England said response has been encouraging and...

Customers at Centre of HP's Universe
June 25, 2012... Byline: M.L. Yeong KUALA LUMPUR: HEWLETT-PACKARD Co (HP) president and chief executive officer Meg Whitman sought to reinforce the technology company's bonds with and reassure customers, investors and partners in her keynote address themed...

Tech Giant Unveils New Products, Sets New Benchmarks
June 25, 2012... Byline: M.L. Yeong LAS VEGAS: HP rolled out a host of new solutions, software, products and services at HP Discover 2012 here earlier this month. In deduplication solutions, HP introduced HP StoreOnce B6200 with StoreOnce Catalyst. The...

Business as Usual at Penang Port
June 25, 2012... Byline: Marina Emmanuel GEORGE TOWN: WHILE the cloud of uncertainty continues to hover over the fate of Penang Port Sdn Bhd (PPSB), it's business as usual for the management of the country's oldest port. "We are just as anxious as you are...

Positive Momentum Likely to Persist
June 25, 2012... Byline: Kaladher Govindan SHARE prices on Bursa Malaysia rose along with regional markets last week, as the election victory for pro-bailout parties in Greece boosted optimism the country will avoid an exit from the eurozone. Renewed hopes of...

TNB Heads for Medium-Term Resistance Zone
June 25, 2012... Byline: S.N. Lock SHARE prices on Bursa Malaysia rebounded in earnest last week, ignoring the weaker New York and Hong Kong stock markets, and the mixed Asian bourses. The FTSE Bursa Malaysia Kuala Lumpur Composite Index (FBM KLCI) closed...

Fulfilling Basic Requirements: SME@University
June 25, 2012... Byline: Hafsah Hashim SPEAKING at universities is always an honour, but it is even a bigger delight for me to stand on the podium to educate CEOs and business owners who have never set foot into universities before. Last week, I made my...

ViTrox Unfazed by Moderate Growth This Year
June 25, 2012... Byline: Bilqis Bahari KUALA LUMPUR: ViTrox Technologies Sdn Bhd targets to achieve revenue of RM500 million in 2015 despite seeing moderate growth this year. President and chief executive officer Chu Jenn Weng told Business Times that...

MRCB to Develop Prime Bangsar Land?
June 23, 2012... Byline: Sharen Kaur KUALA LUMPUR: MALAYSIAN Resources Corp Bhd (MRCB) has emerged as the frontrunner to develop a prime 8.09-hectare site on Jalan Bangsar here where the Unilever headquarters and factory once sat. Sources said MRCB is...

It's Tough, but MAS Can Pull Through
June 23, 2012... Byline: Mustapha Kamil FOR close to a decade now, national carrier Malaysia Airlines (MAS) has been telling more of its stories in the finance lingo - wide asset unbundling (WAU), oil price hedging and the cancelled share swap with AirAsia...