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Asian Pac Holdings seeks long-term investment with The Mall in KK

KUALA LUMPUR: Asian Pac Holdings Bhd will venture into property investment with the development of The Mall, a shopping mall that forms part of the RM1.5 billion KK Times Square II in Kota Kinabalu, Sabah. When completed in 2013, The Mall would be the largest mall in the state capital.

Sunway to launch RM600 mln new projects this year

KUALA LUMPUR: Sunway Holdings Bhd will this year launch another five projects with a total gross development value (GDV) of about RM600 million, its managing director Yau Kok Seng said.

Naim Holdings signs MoU to develop Smart Cities

KUALA LUMPUR: Naim Holdings Bhd (Naim) on June 28 signed a memorandum of understanding (MoU) with several parties in China and Sarawak to develop Panyu-Miri Smart Cities (PMSC), it announced to Bursa Malaysia on Tuesday, June 29.

Mulpha Int to list on HK stock exchange

KUALA LUMPUR: Mulpha International Bhd (MIB) on June 28 received the approval in principle to list its wholly owned subsidiary Manta Holdings Company Limited (MHCL) Group of Companies on The Stock Exchange of Hong Kong, it announced on Bursa Malaysia on Tuesday, June 29.

China banks unlikely to face systemic risk - Moody's

SHANGHAI: Chinese banks would see their bad loan ratios creep up in the next few years but it was unlikely that they would face a systemic crisis similar to that suffered by their Wall Street counterparts two years ago.