Richest tycoons lose RM31b in rout
KUALA LUMPUR (March 23): Malaysia’s richest tycoons have lost an estimated RM30.
KUALA LUMPUR (March 23): Malaysia’s richest tycoons have lost an estimated RM30.
KUALA LUMPUR (March 9): Apple CEO Tim Cook told office employees across the world can work from home as COVID-19, Business Insider reported yesterday.
KUALA LUMPUR (March 5): Forbes Asia said the wealth of Malaysia’s 50 richest on the 2020 Forbes Malaysia Rich List fell for the second consecutive year amid a weaker ringgit and the decline in the FBM KLCI.
KUALA LUMPUR (March 2): UDA Holdings Bhd chairman Hisham Hamdan has tested positive for COVID-19, which has led the Ministry of Entrepreneur Development and Cooperatives (MEDAC) to undertake medical checks on its senior officers.
KUALA LUMPUR (Oct 30): Malaysia Airlines Bhd (MAB) has inked a wide-ranging commercial agreement with Singapore Airlines (SIA) to share revenue on flights between Singapore and Malaysia, expand codeshare routes and participate in joint marketing activities to develop tourism.
KUALA LUMPUR (Oct 29): Tun Dr Mahathir Mohamad today offered a sarcastic apology on his blog, as he "confessed" that he was party to the creation of the solution to help the country overcome the problems wrought by the 1997-98 Asian Financial Crisis, which he admitted benefitted a few tycoons.
KUALA LUMPUR (Oct 17): There is an urgent need to strengthen safety guidelines, regulations and enforcements related to road safety to reduce road accidents and fatalities, which resulted in an estimated loss of about RM8.
KUALA LUMPUR (Oct 10): Cagamas Bhd and Japan Housing Finance Agency have inked a memorandum of cooperation (MoC) to strengthen cross-border collaboration for housing finance development in their respective countries.
SINGAPORE (Oct 3): Last quarter, amid slowing sales and an apartment glut, Singapore home-price growth moderated.
Malaysian Resources Corp Bhd (Aug 5, 86 sen) Maintain buy with an unchanged target price (TP) of RM1.