IJM Corp forsees better performance next year

KUALA LUMPUR: IJM Corporation Bhd expects its construction division to perform better from the second half of next year as its current projects are still at the initial or foundation stages. Chief Ex...

Tan Sri Khoo Kay Peng retires as MUI executive chairman

KUALA LUMPUR: Tan Sri Khoo Kay Peng announced his retirement as Malayan United Industries Bhd (MUI) executive chairman yesterday after helming the company for four decades. Concurrently, his son, And...

MAHB handles 89.8 mln passengers from Jan-Nov this year

SEPANG: Malaysia Airports Holdings Bhd’s (MAHB) operating airports in Malaysia saw 89.8 million passenger arrivals from January to November this year.  Acting Group Chief Executive Officer Raja Azmi ...

TM will overcome challenges given its experience

KUALA LUMPUR: Despite the stiff challenges currently being faced by Telekom Malaysia Bhd (TM), the general perception remains that the company will be able to ride the turbulent times and retain its ...

Naim on track with proposed rights issue

KUCHING: Naim Holdings Bhd is on the way to raise up to RM159.9 million from a proposed rights issue to mainly finance its three major residential property projects in the state capital, Miri and Bin...

TH plans to put a cap on depositor’s fund level

KUALA LUMPUR: Lembaga Tabung Haji (TH) is looking to put a cap on each depositor’s fund in the future as one of the measures to reduce government’s liability and exposure towards the depositors. Grou...