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1-10 results from 1000 for query «rm2 6 billion»

September 5, 2018 7:51 AM EPF sees 7.64% increase in investment income in Q2

PETALING JAYA: The Employees Provident Fund (EPF) saw a 7.64% increase in total investment income to RM12.39 billion for the second quarter ended June 30, 2018 against RM11.51 billion in the previous corresponding period. In a statement released today, the pension fund's deputy CEO (Investment) Datuk Mohamad Nasir Ab Latif said the trading environment 13

September 5, 2018 6:35 AM Gabungan AQRS expects better years ahead on projects in hand and low costs

PETALING JAYA: Gabungan AQRS Bhd expects to perform better this year and next, based on projects in hand and low operating cost. Group CEO Datuk Azizan Jaafar said its construction order book of RM2.4 billion will sustain the group for the next three years while the property division is expected to start contributing to the group's earnings next year. Speaking 13

September 4, 2018 12:34 PM EPF: Rise in approvals for flexible withdrawals in Q2

PETALING JAYA: The Employees Provident Fund (EPF) reported that 40% more contributors reaching the age of 55 and 60 in the second quarter of 2018, opted to retain part of their savings with EPF to earn dividends. There was a 48.65% increase to 67,969 (RM2.92 billion) approved applications for “Age 55 Flexible Withdrawal” in the second quarter, compared 11

September 3, 2018 5:44 AM Malaysia needs to double healthcare traveller numbers

KUALA LUMPUR: Malaysia needs to double its healthcare travellers to 2 million by 2020 to achieve the RM2.8 billion target in medical travel earnings, said Deputy Finance Minister Datuk Amiruddin Hamzah. He said SST will not be imposed on medical bills and this will help Malaysia to be competitive in offering medical travel. Amiruddin was speaking to reporters 6

September 3, 2018 5:36 AM AirAsia on track to sell remaining 30 aircraft, RM2.89b disposal proceeds received so far

PETALING JAYA: AirAsia Group Bhd said it is on track to complete the disposal of the remaining 30 aircraft and 14 aircraft engines under its plans to divest the aircraft leasing operations. It is the group's strategy to divest non-core assets and focus on its core airline operating business. The low-cost carrier told Bursa Malaysia that it had completed 5

September 3, 2018 5:03 AM Prasarana's new president is DRB-Hicom Bhd’s Datuk Mohamed Hazlan Mohamed Hussain

PETALING JAYA: DRB-Hicom Bhd’s group director of organisational support Datuk Mohamed Hazlan Mohamed Hussain is the new president and group CEO of Prasarana Malaysia Bhd. He will succeed Masnizam Hisham whose tenure ended on September 2, after a eight month stint. Prior to his appointment, Mohamed Hazlan served as head of several departments in DRB-Hicom 5

August 30, 2018 6:58 AM RHB grows Q2 net profit by 12.2% on higher net interest income and lower credit losses

PETALING JAYA: RHB Bank Bhd grew second quarter ended June 30, 2018 net profit by 12.2%, on higher net interest income, income from Islamic banking business and significantly lower credit losses. Lower credit losses was mainly due to a RM19.0 million charge for equity instruments designated at fair value through other comprehensive income for the quarter 9

August 29, 2018 10:28 AM Qatar World Cup worker fell to his death: Contractor

DOHA: A Nepalese labourer who died working at a World Cup stadium in Qatar fell to his death, one of the main contractors at the site said. The 23-year-old scaffolder died on August 14 at the $680 million (RM2.79 billion) Al Wakrah stadium, one of the proposed venues for the controversial 2022 tournament. "We can confirm this worker lost his life. He was performing 8

August 29, 2018 5:32 AM Mother of late Tan Sri Jamaludin files application for his inheritance

KUALA LUMPUR: The mother to the late Tan Sri Dr Jamaludin Jarjis, who perished in a helicopter crash three years ago, has submitted an application at the Syariah High Court to claim his property worth more than RM2 billion. Aminah Abdullah, 85, applied for an inheritance certificate today worth more than RM2.1 billion, comprising of a few houses, land and companies 6

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 4