Bumper dividend on the cards for KPS from SPLASH sale
KUALA LUMPUR (Aug 7): While the Selangor government’s offer to buy out Syarikat Pengeluar Air Sungai Selangor Sdn Bhd’s (SPLASH) water treatment assets at RM2.
Azman Mokhtar clocks out of Khazanah after 14-year stint
KUALA LUMPUR (Aug 1): Tan Sri Azman Mokhtar (pictured) clocked out of Khazanah Nasional Bhd for the very last time yesterday after 14 years of service as the managing director (MD) of the strategic investment fund.
Proposed SST ‘more or less similar’ to what was previously implemented, say analysts
KUALA LUMPUR (July 21): The proposed and impending Sales and Services Tax (SST) is more or less similar to what was previously implemented, but with some changes, tax analysts told The Edge recently.
Non–cancellation of LRT3 a short term reprieve for contractors, says CIMB Research
KUALA LUMPUR (July 13): CIMB IB Research has maintained its “Underweight” rating on the construction sector after the Ministry of Finance (MOF) allowed the LRT 3 project to proceed but at a lower all-in cost of RM16.
No cap on civil servants’ debt service ratio for mortgages — Bank Negara
KUALA LUMPUR: Bank Negara Malaysia (BNM) has highlighted that commercial banks have “considerable flexibility” to decide on mortgage approvals.
UOA REIT to sell Wisma UOA Pantai to CIMB Bank for RM120m
KUALA LUMPUR (June 9): UOA Real Estate Investment Trust (UOA REIT) is disposing of Wisma UOA Pantai at Off Jalan Pantai Baru here to CIMB Bank Bhd for RM120 million cash.
With MRT3 termination, up to RM100 bil rail jobs to vanish, says CIMB Research
KUALA LUMPUR (May 31): The RM40 billion third mass rapid transit project (MRT3) is “dead in its track” and the downturn in rail contracts has been set in motion, with up to RM100.
Positive pre-election newsflow for KL-Singapore HSR, says CIMB IB Research
KUALA LUMPUR (May 4): CIMB IB Research retained its overweight call on the construction sector and said the key sector risks are execution delays and competition from foreign contractors.
CIMB: Pan-Borneo Highway Sabah contract awards to accelerate post GE14
KUALA LUMPUR (April 18): CIMB Investment Bank Bhd said the pace of awards of the remaining 18 contracts under the proposed Pan-Borneo Highway in Sabah (PBH Sabah) is expected to pick up post Malaysia's 14th General Election (GE14).
CIMB launches 1-Minute Home Financing
PETALING JAYA (March 6): CIMB Bank Bhd and CIMB Islamic Bank Bhd has launched the 1-Minute Home Financing — a paperless service that enables approval of mortgages within a minute after submitting all information and relevant documents for a loan application — as part of its InstaApproval platform today.
