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1-10 results from 1000 for query «income»

August 15, 2018 2:51 PM Public Bank posts 4.8% jump in Q2 net profit, declares 32 sen dividend

PETALING JAYA: Public Bank Bhd's net profit for the second quarter ended June 30, 2018 rose 4.8% to RM1.40 billion from RM1.33 billion a year ago due mainly to higher net interest income, higher income from Islamic banking business, lower loan impairment allowance and higher net fee and commission income. Revenue jumped 5.2% to RM5.44 billion compared 6

August 15, 2018 1:01 PM Petronas Gas Q2 earnings up 19.7%

PETALING JAYA: Petronas Gas Bhd’s earnings rose 19.7% to RM509.3 million in the second quarter (Q2) ended June 30 from RM425.3 million in the previous corresponding quarter in tandem with higher revenue. Revenue for the quarter grew 15.7% to RM1.36 billion, compared with RM1.17 billion in the same period last year, mainly contributed by the group’s new LNG regasification 5

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 3:39 PM India's Fortis sees signs of recovery, shareholders approve takeover by IHH Healthcare

BENGAlURU: Cash-strapped Indian hospital operator Fortis Healthcare Ltd said today it was starting to see some signs of recovery, as it secured shareholder approval for its takeover by Malaysia's IHH Healthcare Bhd. Fortis, which operates about 30 private hospitals in India, reported a net loss of 707.4 million rupees (RM41.5 million) for the three months 5

August 13, 2018 10:15 AM No to paying MRSM: Rina Harun

KUALA LUMPUR: The Rural and Regional Development Ministry does not intend to continue with the proposal of the previous government to set up paying for Mara Junior Science Colleges (MRSM). Minister Rina Harun said this was because the ministry now saw the role of MRSM as only belonging to the elite group. "Therefore MRSM's role has to return to assist 7

August 9, 2018 1:26 PM NWP affordable housing projects scrapped

PETALING JAYA: NWP Holdings Bhd’s affordable housing projects are now shelved as it has terminated the turnkey construction heads of agreement (TCA) between wholly-owned subsidiary NWP Builder Sdn Bhd and M2B World (M) Sdn Bhd. NWP Builder had on Sept 7, 2016 entered into a TCA with M2B World, appointing NWP Builder as the turnkey contractor for the projects 5

August 9, 2018 7:34 AM LHAG urges gov to repeal law allowing Finance Minister to give tax exemptions

KUALA LUMPUR: Tax firm Lee Hishammuddin Allen & Gledhill (LHAG) has urged the government to repeal a law which allows the Finance Minister to give exemptions to individuals and companies. LHAG partner S. Saravana Kumar said under the Section 127 (3)(a) of the Income Tax Act, the Finance Minister is allowed to give tax exemptions to individuals and companies 8

August 9, 2018 5:16 AM Penang CM asks Najib not to mislead public over PIL 1 Highway, ECRL

GEORGE TOWN: Penang Chief Minister Chow Kon Yeow has asked former prime minister Datuk Seri Najib Abdul Razak not to mislead the public by distorting what he described as two distinctly different infrastructure projects – the Pan Island Link 1 (PIL 1) Highway and the East Coast Rail Link (ECRL). He said there were major differences between a highway 5

August 8, 2018 11:21 AM Economic performance post-GE14 can't be assessed yet, Dewan Rakyat told

KUALA LUMPUR: Malaysia's economic performance after the 14th General Election (GE14) cannot be fully assessed based on the current economic data, according to Deputy Economic Affairs Minister Dr Mohd Radzi Md Jidin. He said the available economic data only covers up to the first quarter of 2018, with the short-term economic indicators covering only up to May. He was replying 3

August 6, 2018 1:31 PM ‘Gamuda should accept Splash offer’

PETALING JAYA: Despite the lower than expected valuation, Gamuda Bhd should consider accepting the latest offer from the Selangor government for Syarikat Pengeluar Air Sungai Selangor Sdn Bhd (Splash) as it is more reasonable compared with the previous offers, according to analysts. Kenanga Research expected an offer price of RM3.1 billion to RM3.5 billion 5