Higher gross loans, lower cost of funds boost MBSB 1Q earnings
KUALA LUMPUR (May 25): Malaysia Building Society Bhd’s (MBSB) net profit in the first quarter ended March 31, 2017 (1QFY17) nearly tripled to RM101.
Matrix Concepts plans to raise RM250 mil via sukuk
KUALA LUMPUR (May 22): Matrix Concepts Holdings Bhd plans to raise up to RM250 million from issuance of Islamic commercial papers and/or medium term notes to finance future investments, working capital and capital expenditure.
Expect Mah Sing’s proposed Titiwangsa project launch in FY18
Mah Sing Group Bhd (May 18, RM1.
UEM Sunrise shines on 1Q profit jump
KUALA LUMPUR (May 18): UEM Sunrise Bhd rose as much as seven sen or 5% after the property developer said first quarter net profit rose 1,929% from a year earlier.
This top developer pick has room to keep on running
SINGAPORE (May 15): Maybank Kim Eng is reiterating its “buy” call on UOL as its top sector pick, raising its price target to S$8.
UOB Malaysia expects BNM to stand pat on OPR
KUALA LUMPUR (May 9): Bank Negara Malaysia (BNM) is most likely to keep the overnight policy rate (OPR) unchanged at its monetary policy meeting this Friday, according to UOB Malaysia.
Unlikely for BNM to cut OPR now, says Euler Hermes economist
KUALA LUMPUR (May 8): Bank Negara Malaysia (BNM) is unlikely to cut its overnight policy rate (OPR) now given the high inflation in the country, according to Euler Hermes-Allianz Research's senior economist for Asia, Mahamoud Islam.
‘Financing in place for IWH CREC’s Bandar Malaysia buy’
KUALA LUMPUR (May 5): Financing was already in place for IWH CREC Sdn Bhd’s plan to acquire a 60% interest in the Bandar Malaysia project for RM7.
