Tag Archives: assets

1MDB likely to scrap RM11 bil Edra IPO – FREE After buying power assets, 1MDB is looking to dispose of it. http://owl.li/2ZHe02 1MDB likely to scrap RM11 bil Edra IPOowl.liFREE After buying power assets, 1MDB is looking to dispose of it. Malaysiakini’s Facebook Wall

@Kinibiz | why is 1MDB disposing land at one of its prized assets – the centrepiece Tun Razak Exchange (TRX) project – in such a hasty and surreptitious way? Why is 1MDB sellling TRX land?www.malaysiakini.comKINIBIZ The contentious RM188mil TH-1MDB land deal raises many questions. M …

Kuwait Finance House (KFH) is exploring the possible sale of assets including its Malaysia unit, as the Islamic lender looks for a leaner structure while seeking greener pastures through its Turkey franchise. Kuwait Finance House mulls Malaysia exitwww.malaysiakini.comFREE The Islamic lender looks f …

It is unclear how recent Sacofa’s assets were last valued and whether the stated net tangible asset value accurately reflects current market price for Sacofa’s assets. The question is whether Cahya Mata Sarawak is getting a bargain for the 50% equity in Sacofa it is buying. Cahya Mata getting bargai …

'We can declare assets but it won’t help PM' However they say Umno’s challenge is a cheap shot to distract attention. 'We can declare assets but it won’t help PM' Malaysiakini’s Facebook Wall

CIMB Group Holdings Bhd, Malaysia’s second-biggest lender by assets, said today it was closing its investment banking operations in Australia following a review of its entire business: http://goo.gl/tRXtxR On Friday, CIMB said it was looking to cut costs in the investment banking and equities segmen …

The Insolvency Department will freeze the accounts and seize all assets belonging to the Penang state government-formed voluntary patrol unit (PPS). This comes after the entity was officially declared as illegal yesterday. According to Home Ministry secretary-general Mohd Khalid Sharif, this is afte …

Hands off PPS properties, says Penang Voluntary patrol squad assets are state's. Insolvency dept can't touch them, says MP. Hands off PPS properties, says Penang

What if a company without any land bank, nor any existing assets announced it was looking to list on Bursa? Without this information, would an investor be able to adequately evaluate the risk? Will Eco World be M’sia’s first non O&G Spac?www.kinibiz.comMalaysia has four companies who have listed …

KUALA LUMPUR, Oct 8 (Bernama) — The Defence Ministry hopes the 2015 Budget to be unveiled on Friday will, among others, focus on the purchase of high- technology military assets to strengthen security of the country, particularly in the waters of Sabah and Sarawak. Its deputy minister Datuk Ab …

SANDAKAN, Aug 1 (Bernama) — The addition of a ship for the Malaysian Maritime Enforcement Agency (MMEA) in the Sandakan Maritime District (MD17) is expected to improve security in Sandakan which is one of the districts under the Eastern Sabah Security Zone (ESSZone). MD17 MMEA Chief, Maritime …

Public Bank is the third-largest domestic banking group in Malaysia by assets with an estimated 14.8% of system assets and 16.2% of loan market share. Public Bank’s 2Q14 earnings may disappointwww.kinibiz.comPublic Bank’s earnings in the second quarter of the financial year 2014 (2Q14) could be hamp …

“They are growth markets and they are opening up,” Shahril said. “Our assets are new, they are efficient, which would allow us to bid very, very competitively." SapuraKencana plans Mexican expansion SapuraKencana Petroleum Bhd, Malaysia’s biggest listed oil and gas services company by market va …

1MDB seeks more than US$ 3bil from energy assets IPO Malaysian state investor 1Malaysia Development Bhd (1MDB) is seeking to raise more than US$ 3 billion through a stock market listing of its energy assets, in what is set to be one of the nation’s largest initial public offerings. Struggling under …

GEORGE TOWN, June 4 (Bernama) — Penang police recorded 32 cases of missing assets involving ammunition magazines, firearms, motorcycles and handcuffs from 2010 to 2013. State Police Chief Datuk Abdul Rahim Hanafi said 16 cases had been settled including seven which had been imposed penalties t …