31 Oct 2011 - 5:34pm
KUALA LUMPUR: Keretapi Tanah Melayu Berhad (KTMB) is expected to extend its rail services to Bangkok, for both passenger and cargo, in the near future. KTMB and the State Railway of Thailand (SRT) are also actively exploring the possibility of forming a joint-venture company to enable the two state railway companies to share their expertise,...
31 Oct 2011 - 5:34pm
SEVERAL transformation programmes are being implemented as part of the socio-economic engineering policy that will take the country into developed country status and a high income economy but one thing will not change and that is the role of the government as the facilitator and catalyst. In fact this role will be enhanced with the focus by...
31 Oct 2011 - 4:47pm
KUALA LUMPUR: Public Bank Bhd's unit, Public Mutual, has declared a total income distribution of RM232 million for eight of its funds for the year ended Oct 31, 2011. The distributable income for its Public Industry Fund is 5.00 sen per unit, while for Public Equity Fund it is 3.00 sen, Public Sector Select Fund 2.00 sen, Public South-East Asia...
28 Oct 2011 - 5:44pm
If we all look at the big picture, the decision to list FeldaGlobal Ventures Holdings next year is part of the government’s target for Malaysia to be a high-income country and to achieve developed nation status by 2020.
Despite the obvious benefits, particularly to the 112,000 settlers and the national economy, there are still some doubters...
28 Oct 2011 - 5:39pm
The Federal Land Development Authority or Felda that was established in 1956 will undergo a transformation which will take it further forward when FeldaGlobal Ventures Holding Sdn. Bhd. FGVH) is listed next year.
But although this plantations and agro-based conglomerate will become a Plc, its objectives and soul will largely remain...
28 Oct 2011 - 5:34pm
The plan to list Felda’s commercial unit, FeldaHoldings Berhad, has been on the table since it was first announced by former prime minister Tun Dr Mahathir Mohamadin his 2004 Budget but that was where it stayed – on the table – until recently.
Essentially what the public offering will do is to enhance the national economy and bring more...
28 Oct 2011 - 2:59pm
KUALA LUMPUR: Hong Leong Islamic Bank (HLISB) on Friday named Raja Teh Maimunah Raja Aziz as its chief executive officer. "I am confident that with Raja Teh's leadership, HLISB will continue to innovate to be a pre-eminent player in the Islamic financial services industry," said Group Managing Director of Hong Leong Bank, Yvonne Chia, in a...
28 Oct 2011 - 2:05pm
AFTER several years of planning, the listing of a company that will add value to the assets of thousands of land settlers and boost the national economy will finally come true next year. The IPO of Felda Global Ventures Holdings will be one of the biggest on Bursa Malaysia and partly seeks to unlock the value of what Felda owns, basically...
27 Oct 2011 - 4:38pm
NANNING: Malaysia signed US$10 billion (US$1=RM3.10) economic cooperation deals with China during the round-table dialogue between Prime Minister Datuk Seri Najib Razak and selected Chinese corporate leaders at the just-concluded 8th China-Asean Expo (Caexpo). Caexpo secretariat secretary-general Zheng Junjian, however, did not elaborate. ...
27 Oct 2011 - 11:52am
In his final instalment of a three part write-up on Felda Global Ventures Holdings IPO listing, blogger Big Dog said it is obvious the listing would benefit Malaysians and drive the Malaysia’s economy forward. The reason for objections of the listing made by some quarters, Big Dog wrote, was due to the fact that all companies under KPF (...
