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1-10 results from 1000 for query «asset»

August 14, 2018 3:39 PM AirAsia sells remaining 25% share of joint venture with Expedia for US$60m

PETALING JAYA: AirAsia Group Bhd has divested its remaining 25% stake in its joint venture (JV) company AAE Travel Pte Ltd for US$60 million (RM240 million) to the 75% stakeholder, Expedia Inc's Expedia Southeast Asia Pte Ltd, in a bid to monetise its investment and utilise the proceeds as working capital. The group announced in a bourse filing yesterday 8

August 14, 2018 3:39 PM YTL Hospitality REIT acquiring Hokkaido ski resort for RM222.5m cash

PETALING JAYA: YTL Hospitality REIT (YTL REIT) is acquiring The Green Leaf Niseko Village for ¥6 billion cash (RM222.5 million) from Niseko Village KK (Niseko Village), an indirect wholly owned subsidiary of YTL Corp Bhd. In a filing with Bursa Malaysia today, YTL REIT said its wholly owned subsidiary Starhill REIT Niseko GK (Starhill Niseko) has entered 4

August 14, 2018 10:49 AM Najib's claims about Malacca Gateway untrue, says CM

MALACCA: Chief Minister Adly Zahari has dismissed as untrue former Prime Minister Datuk Seri Najib Abdul Razak's allegation that the Malacca Gateway project is being implemented without any changes. Adly said that after taking over the state government, the Pakatan Harapan administration has introduced improvements to the project so that it becomes a catalyst 7

August 6, 2018 2:05 AM Khazanah’s ‘big and heavy’ trove

ESTABLISHED in 1993, Khazanah began its operation a year later after assuming a custodial role in managing the government's commercial assets as well as investing in strategic and high-technology sectors. Over the years, the fund has been investing in the key areas such as aviation, automotive, healthcare and banking. The year 2004 marked its strategic 4

August 3, 2018 5:26 AM KUB plans to dispose of A&W PJ land

KLANG: KUB Malaysia Bhd's plan to dispose of its fast-food chain business, A&W Malaysia Sdn Bhd will be completed by month-end, and the diversified group is also likely to sell the 0.42 ha plot of land of its iconic A&W outlet in Petaling Jaya. KUB President and Managing Director Datuk Abdul Rahim Mohd Zin said the group constantly reviews its asset 7

August 2, 2018 9:05 AM Perak PKR declare support for Anwar

IPOH: Perak PKR today declared its support for Datuk Seri Anwar Ibrahim (pix) to assume the party's presidency with Economic Affairs Minister Datuk Seri Azmin Ali to remain as the deputy. "This combination is the best choice to lead the party in the new Malaysia era," said state chairman Senator Dr Muhd Nur Manuty. "We decided to back them as it would 4

July 28, 2018 8:49 AM Kita akan menentang sekeras kerasnya cadangan kjaan PH nak leburkan MARA

Kita akan menentang sekeras kerasnya cadangan kjaan PH nak leburkan MARA dan di faraid kpd empat kementerian berbeza.. Setiap tahun MARA membiayai kira kira 200,000 pelajar pelbagai peringkat.Unikl saja mempunyai pelajar hanpir 30,000…dan MRSM Hampir 50,000…KKTM ,KPTM,KM,GIATMARA melibatkan puluhan ribu pelajar.. Ada pihak cuba nak berikan gambaran negative 5

July 27, 2018 11:31 AM Maybank Indonesia posts lower earnings in first half of 2018

PETALING JAYA: Malayan Banking Bhd's (Maybank) Indonesian unit PT Bank Maybank Indonesia Tbk's net profit fell 6.6% to Rp932.7 billion (RM264 million) for the first six months ended June 30, 2018 compared with Rp998.5 billion in the previous corresponding period, due primarily to lower fee-based income and a slight compression in net interest margin 6

July 27, 2018 9:40 AM Uzma to raise up to RM1b via sukuk

PETALING JAYA: Uzma Bhd proposes to raise up to RM1 billion through its Unrated Islamic Medium-Term Notes Programme. The group told Bursa Malaysia that its wholly owned subdiary Uzma Integrasi Padu Bhd had on July 27 made a lodgement to Securities Commission Malaysia (SC) for the establishment of the programme based on the Shariah principle of Wakalah 9

July 25, 2018 1:18 PM FIMM reprimands former unit trust consultant

PETALING JAYA: The Federation of Investment Managers Malaysia (FIMM) has reprimanded a former unit trust consultant of CIMB-Principal Asset Management Bhd (CPAM), Mohamad Rahmad Shaheri. Rahmad was found to be in breach of Clause 3.1.3(a) of FIMM’s Code of Ethics and Rules of Professional Conduct, Second Edition dated Jan 22, 2013, for facilitating the submission 6