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August 31, 2018 12:26 PM Seven dead as US bus collides with large truck

LOS ANGELES: At least seven people were killed when a large tractor-trailer blew a tire, jumped a highway median into oncoming highway traffic and slammed into a Greyhound passenger bus, New Mexico State Police said. Images of Thursday's scene on US media show vast area of debris and a bus missing its front section up to the front tires. The truck "suffered 98

August 30, 2018 4:41 AM Old foe, cholera, returns to haunt Algeria

BOUFARIK, Algeria: Outside a hospital in Algeria, worried relatives arrive daily in a desperate bid to talk to those quarantined inside — the victims of the country's first cholera outbreak in more than 20 years. Cases began appearing in early Aug and two people have so far died, with scores hospitalised in Boufarik, about 20km south of Algiers 108

August 28, 2018 1:22 PM Hong Leong Bank Q4 net profit up 30%

PETALING JAYA: Hong Leong Bank Bhd’s net profit for the fourth quarter ended June 30, 2018 jumped 30% to RM626.01 million from RM482.92 million a year ago due mainly to higher net income, lower operating expenses, lower allowance for impairment losses on loans, advances and financing, higher writeback of impairment losses on financial investments and higher 70

August 27, 2018 11:21 AM Matang Q4 earnings up 25%

PETALING JAYA: Matang Bhd's net profit for the fourth quarter ended June 30, 2018 grew 25% to RM578,000 from RM463,000 a year ago on higher volume of fresh fruit bunch (FFB) harvested and lower cost of sales. Its revenue jumped 12% to RM2.48 million compared with RM2.22 million in the previous year's corresponding quarter arising mainly from higher volume 71

August 21, 2018 10:46 AM Muda Holdings Q2 earnings up

PETALING JAYA: Muda Holdings Bhd's net profit for the second quarter ended June 30, 2018 net profit jumped more than two fold to RM11.49 million from RM4.13 million a year ago on higher revenue. Its revenue rose 9% to RM353.81 million from RM325.90 million in the preceding year's corresponding quarter. For the six months period, net profit was up 22% to RM27.19 million 77

August 20, 2018 4:45 AM Felda workshop trainee drowns while fishing

MARAN: A trainee of a workshop at Felda Jengka 2 drowned while fishing in the Lubuk Yu pond near here yesterday, according to the police. Maran District Police chief DSP Norzamri Abd Rahman said the trainee, Mohammad Azzrin Abdul Rahim, 20, of Alor Gajah, Malacca, had gone to the pond at about 5pm with four fellow trainees and the instructor 67

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 84

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 40

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 36

August 2, 2018 4:09 AM LKL's share price rise 11.11% after bagging RM6.2m Rawang hospital contract

PETALING JAYA: LKL International Bhd’s share price jumped 11.11% this morning after it clinched an RM6.2 million contract from Selgate Rawang Hospital Sdn Bhd. At 11.46am, its share price was 11.11% or 1.5 sen higher at 15 sen with 1.13 million shares traded. LKL’s wholly owned subsidiary LKL Advance Metaltech Sdn Bhd was awarded the contract for the supply 18