UMW Holdings allocates RM607 mln capex for 2019 [ 3m ago ]


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MSM records net loss of RM7.06 mln for Q1

KUALA LUMPUR, May 23 (Bernama) -- Malaysia's leading refined sugar producer, MSM Malaysia Holdings Bhd recorded a net loss of RM7.06 million for the first quarter ended March 31, 2019, as compared with a net profit of RM15.81 million in the same period last year.

BIMB's Q1 net profit rises to RM202.5 mln

KUALA LUMPUR, May 23 (Bernama) -- BIMB Holdings Bhd’s net profit in the first quarter (Q1) ended March 31, 2019 rose 17.7 per cent to RM202.5 million from RM172.1 million in the same quarter last year.

Cagamas issues RM605 mln commercial papers

KUALA LUMPUR, May 23 (Bernama) -- National mortgage corporation Cagamas Bhd has issued commercial papers worth RM605 million to fund the purchase of housing loans and Islamic home financing from the domestic financial system.

April´s 0.3 pct inflation rate mainly driven by upticks in RON97 and food prices - RAM Ratings

KUALA LUMPUR, May 23 (Bernama) -- RAM Rating Services Bhd (RAM Ratings) expects the inflation rate to come in at 0.3 per cent in April as compared to 0.2 per cent in March, underpinned by slightly greater inflationary pressure from the food and transport components.

CvE performance agency expands into APAC with new vice-president

KUALA LUMPUR, May 23 (Bernama) -- Control vs Exposed (CvE), a new performance agency that combines the best features of consultancies, media agencies and technology companies, has expanded into the Asia-Pacific (APAC) region.

RHB targets at least 10,000 SMEs for its e-solutions platform

KUALA LUMPUR, May 23 (Bernama) -- RHB Banking Group expects at least 10,000 small and medium enterprises (SMEs) will be using its SME e-Solutions platform by 2020. 

UMW holdings net profit soars to RM86.5 mln in Q1

KUALA LUMPUR, May 23 (Bernama) -- UMW Holdings Bhd's net profit surged to RM86.50 million for the first quarter ended March 31, 2019 (Q1 2019), up from RM74.08 million in the same quarter last year as losses from its unlisted oil and gas (O&G) segment have significantly reduced.