BAssets 4Q net loss widens following higher deferred tax bill
KUALA LUMPUR (Aug 22): Berjaya Assets Bhd’s (BAssets) net loss widened significantly in the fourth quarter ended June 30, 2019 (4QFY19) to RM83.
Matrix Concepts up 1.05% on growth optimism
KUALA LUMPUR (Aug 22): Matrix Concepts Holdings Bhd shares gained 1.
Jaks Resources up 6.71% on solid 2Q earnings
KUALA LUMPUR (Aug 22): Jaks Resources Bhd shares rose 6.
BNM addresses ‘difficult financing’ perception with MyKNP platform
KUALA LUMPUR: Bank Negara Malaysia (BNM) has established a platform — the Khidmat Nasihat Pembiayaan or MyKNP — to provide assistance to small and medium enterprises (SMEs) and homebuyers who have failed to secure financing, amid mounting frustrations among those who could not get loans.
Jaks Resources’ 2Q net profit triples on higher Vietnam EPC contribution
KUALA LUMPUR (Aug 21): Jaks Resources Bhd’s net profit jumped near three times in the second quarter ended June 30, 2019 (2QFY19), as it recorded higher earnings in its construction division, contributed by engineering, procurement and construction works in Vietnam.
Steep fees in retirement homes driving Hong Kongers to mainland China
PETALING JAYA (Aug 21): A few years ago, Hong Kong citizens shirked from the idea of spending their golden years in mainland China, when the government tried to encourage its elderlies to move to retirement homes in Guangdong to counter housing scarcity in the densely-populated Hong Kong.
BNM establishes programme to assist financing of SMEs, housebuyers
KUALA LUMPUR (Aug 21): Bank Negara Malaysia (BNM) today established the 'Khidmat Nasihat Pembiayaan' (MyKNP) programme, aimed at assisting SMEs and housebuyers that have previously been unsuccessful in securing financing.
Bank Negara raises income, property price ceilings under RM1b affordable home fund
KUALA LUMPUR (Aug 21): Bank Negara Malaysia (BNM) has expanded the eligibility criteria of its RM1 billion Fund for Affordable Homes, a fund that was set up earlier this year to help those from the lower income group to finance the purchase of their first homes.
Utusan Melayu says Kosmo! price hike effective Sunday
KUALA LUMPUR (Aug 21): Utusan Melayu (M) Bhd confirmed today to Bursa Malaysia the newspaper publisher will increase the price of Utusan Malaysia from RM1.
