Mon, 19 Aug 2019, 7:54 AM
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Topic: RM1.1 billion

Malaysiakini:
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The country's services sector has recorded a growth of 6.5 percent in the second quarter of 2019 (2Q19) with revenue of RM441.3 billion, as compared to the corresponding period last year, said Departm...
Malay Mail:
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KUALA LUMPUR, Aug 13 ― The country's services sector has recorded a growth of 6.5 per cent in the second quarter of 2019 (2Q19) with revenue of RM441.3 billion as compared to the corresponding perio...
The Edge Markets:
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KUALA LUMPUR (Aug 13): Revenue for the services sector in Malaysia increased by 6.5% to RM441.3 billion in the second quarter of 2019 (2Q19), from RM414.2 billion in the same period last year, accordi...
Malay Mail:
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KUALA LUMPUR, Aug 8 — Chinese firms’ pullback on investments here has opened the door for American investors to take over as Malaysia’s main source of foreign funding.
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KUALA LUMPUR (Aug 1): Should the divestment of RHB Bank Bhd's investment arm materialises, research houses are seeing it as a positive for the bank's capital ratios as well as dividend payout.
The Edge Markets:
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KUALA LUMPUR (July 31): The FBM KLCI pared some of its loss at the midday break today, but resumed its downward movement in line with the fall at regional markets.
The Edge Markets:
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SURIA Capital Holdings Bhd, whose majority shareholder is the Sabah government, is in talks to sell a stake in its wholly-owned subsidiary Sabah Ports Sdn Bhd, sources say.
The Edge Markets:
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KUALA LUMPUR (July 25): CGSCIMB Research has maintained its “Reduce” rating on Maxis Bhd at RM5.61 with a higher target price of RM5.40 (from RM5.10) and said it forecasts service revenue at RM8.6...
Free Malaysia Today:
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KUALA LUMPUR: The government has successfully cut its fiscal deficit by 39% to RM21.4 billion in the first five months of 2019, down from RM35.0 billion recorded in the same period last year, said Fin...
Free Malaysia Today:
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PETALING JAYA: Najib Razak today poured cold water on the finance minister’s declaration that Putrajaya had successfully reduced its fiscal deficit in the first five months of 2019 due to measures i...
theSun:
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KUALA LUMPUR: The government has successfully cut its fiscal deficit by 39% to RM21.4 billion in the first five months of 2019, down from RM35.0 billion recorded in the same period last year, said Fin...
Malay Mail:
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KUALA LUMPUR, July 24 — The Finance Ministry today announced that Malaysia’s fiscal deficit has been brought down 39 per cent to RM21.4 billion in the first five months of this year compared to RM...
Malaysiakini:
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MP SPEAKS | Open competitive tenders and zero-based budgeting have had a positive impact on the government’s finances, allowing for development expenditure to increase by 13 percent or RM2.4 billion...
The Edge Markets:
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KUALA LUMPUR (July 24): Open competitive tenders and zero-based budgeting have had a positive impact on the government's finances, leading to a 13% or RM2.4 billion year-on-year (y-o-y) increase in de...
The Edge Markets:
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KUALA LUMPUR (July 23): Kerjaya Prospek Group Bhd shares rose 1.42% at mid-morning today following a target price (TP) upgrade and positive technical outlook for the stock.
The Edge Markets:
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KUALA LUMPUR (July 23): RHB Research Institute Sdn Bhd has maintained its “Buy” rating on Kerjaya Prospek Group Bhd at RM1.41 with a higher target price of RM1.72 (from RM1.50) and said after reco...
The Edge Markets:
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KUALA LUMPUR (July 18): China Petroleum Pipeline Engineering Co Ltd (CPP) today said the seizure of funds amounting to RM1.1 billion from its bank account by the Malaysian anti-graft body was uncalled...
Malay Mail:
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KUALA LUMPUR, July 17 — Malaysia’s forfeiture of RM1.1 billion belonging to a Chinese pipeline firm is not indicative of Putrajaya’s stance on Beijing, Finance Minister Lim Guan Eng (PH-Bagan) e...
Free Malaysia Today:
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KUALA LUMPUR: The auditor-general (A-G) says several ministries delayed signing government contracts with private companies for up to eight months last year.
Malay Mail:
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KUALA LUMPUR, July 12 — Shares on Bursa Malaysia ended the morning session easier, with investors engaging in an almost similar amount of buying and selling.
The Edge Markets:
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KUALA LUMPUR (July 12): RHB Research Institute Sdn Bhd has upgraded IJM Corp Bhd to “Buy” at RM2.35 with a higher target price of RM2.78 (from RM1.91) and said this comes on improved visibility in...
kopiandproperty.com:
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There was this news about a bridge linking Malaysia to Indonesia many years ago.
EdgeProp.my:
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PETALING JAYA (June 29): It has been reported that Malaysia’s Finance Ministry is looking for real estate agents to sell a building in Hong Kong that houses the consular-general and a number of gove...
The Edge Markets:
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KUALA LUMPUR: The departure levy for outbound air travellers, which has become a bone of contention between the government and airlines since it was proposed in Budget 2019, will be gazetted next mont...
The Edge Markets:
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KUALA LUMPUR (June 26): Lower prices of crude palm oil (CPO) and palm kernel (PK) weighed on United Malacca Bhd in the fourth quarter ended April 30, 2019 (4QFY19), as it posted a net loss of RM13.56 ...
Malay Mail:
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KUALA LUMPUR, June 26 — The Finance Ministry said today that its proposal to buy over four tolled highways will ensure that the companies’ concession periods are not extended, as they are set to e...
The Edge Markets:
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AS a small-cap company run by shareholders who have been pretty conservative, Ta Win Holdings Bhd has been overshadowed in the past by more high-profile peers like Metrod Holdings Bhd.
EdgeProp.my:
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KUALA LUMPUR (June 20): Kerjaya Prospek Group Bhd has landed a RM227.3 million contract to construct the main building for a development project within the Bukit Bintang area in Kuala Lumpur.
The Edge Markets:
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KUALA LUMPUR (June 20): Kerjaya Prospek Group Bhd has landed a RM227.3 million contract to construct the main building for a development project within the Bukit Bintang area in Kuala Lumpur.
The Edge Markets:
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KUALA LUMPUR (June 19): Shares of Top Glove Bhd rose as much as 1.44% today on bargain hunting after the company said it would perform better in the fourth quarter.
The Edge Markets:
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KUALA LUMPUR (May 29): Parkson Holdings Bhd dipped into losses for the third financial quarter ended March 31, 2019 (3QFY19). The retailer posted net loss of RM6.48 million, a contrast to net profit o...
The Edge Markets:
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KUALA LUMPUR (May 23): The FBM KLCI settled down 0.05 point at 1,603.69 at Bursa Malaysia's afternoon break today on bargain hunting after plunging below 1,600 amid fresh US-China trade war concerns.
Malay Mail:
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KUALA LUMPUR, May 23 ― Bursa Malaysia was almost flat at mid-day today on weak sentiment amid continuing uncertainties in the global market.
Malaysiakini:
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Najib Abdul Razak today dismissed reports that the assets seized from the Pavilion Residences condominium units – including more than 10,000 pieces of jewellery – were purchased by fugitive busine...
The Edge Markets:
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KUALA LUMPUR: Media Chinese International Ltd (MCIL), which is listed on both Bursa Malaysia and Hong Kong Stock Exchange (HKEx), issued a profit warning yesterday, that it may record a net loss for t...
The Edge Markets:
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KUALA LUMPUR (May 14): Media Chinese International Ltd  (MCIL) said it is expecting to record a net loss for its financial year ended March 31, 2019 (FY19), as a result of provision for the impairmen...
The Edge Markets:
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KUALA LUMPUR (May 14): Loss-making Malaysia Marine and Heavy Engineering Holdings Bhd (MHB) has appointed Ahmad Zakri Md Salleh as its chief financial officer (CFO). Ahmad Zakri, 39, was previously se...
The Edge Markets:
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KUALA LUMPUR (May 13): Wah Seong Corp Bhd reported a 30.9% drop in first quarter net profit to RM20.2 million, from RM29.25 million a year earlier, following a fall in its revenue.
Free Malaysia Today:
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PETALING JAYA: Former prime minister Najib Razak and his wife Rosmah Mansor can apply to the High Court to return the movable properties seized by the police last year if they can prove that these wer...
theSun:
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Malaysiakini:
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Former prime minister Najib Abdul Razak claimed that police were taking the civil forfeiture route on his assets totalling RM711 million as returning them would vindicate him.
Malay Mail:
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KUALA LUMPUR, May 8 — Putrajaya and the Royal Malaysia Police have initiated legal action to forfeit property, jewellery, luxury goods, vehicles and other valuables seized during raids on Datuk Seri...
Malaysiakini:
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YOURSAY | ‘If the ex-PM is found guilty, does the Treasury then get a refund?’ Putrajaya honoured RM1m golden handshake for Najib Apa Ini: Why did Putrajaya honour the RM1 million golden handshake...
Malay Mail:
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PARIT BUNTAR, May 4 — Firm action will be taken against any individual who sow the politics of hatred in mosques during Ramadan which will be celebrated soon.
Free Malaysia Today:
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PARIT BUNTAR: Stern action would be taken against those who sow hatred in mosques during the fasting month, Ramadan, which begins next week, said Minister in the Prime Minister’s Department Mujahid ...
theSun:
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PARIT BUNTAR: Firm action will be taken against any individual who sows the politics of hatred in mosques during Ramadan.
Malaysiakini:
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Firm action will be taken against any individual who sow the politics of hatred in mosques during Ramadan that will be celebrated soon.
Free Malaysia Today:
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PETALING JAYA: Perlis mufti Asri Zainul Abidin has agreed to meet DAP leaders, including DAP secretary-general Lim Guan Eng, following his reported criticism of the party.
The Edge Markets:
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KUALA LUMPUR (May 3): Malaysian exports decreased 0.5% to RM84 billion in March 2019 from a year earlier as the nation sold less electrical and electronic products and commodity-based items.
The Edge Markets:
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KUALA LUMPUR (April 23): MSM Malaysia Holdings Bhd, the country's largest refined sugar producer, has appointed its executive director Datuk Khairil Anuar Aziz as group chief executive officer (CEO) e...
EdgeProp.my:
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KUALA LUMPUR (April 10): Some RM1.4 billion of the RM10.5 billion generated from the listing of FGV Holdings Bhd was spent on 'shady transactions', said Economic Affairs Minister Datuk Seri Mohamed Az...
Malay Mail:
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KUALA LUMPUR, April 10 — The constraints faced by cooperatives (co-ops) in obtaining financial assistance from banks and financial institutions are among the reasons for the slow growth recorded by ...
Malay Mail:
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KUALA LUMPUR, April 10 — Co-opbank Pertama Malaysia Bhd (CBP) is setting aside an additional fund of RM700 million for co-operative (co-op) sector financing to boost the sector’s financing percent...
Malay Mail:
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KUALA LUMPUR, April 10 — Co-opbank Pertama Malaysia Bhd (CBP) is setting aside an additional fund of RM700 million for co-operative (co-op) sector financing to boost the sector’s financing percent...
EdgeProp.my:
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KUALA LUMPUR (April 10): Felda was profitable between 2007 and 2011, with income averaging RM3.1 billion per year and peaking at RM5.9 billion in 2010, according to Economic Affairs Minister Datuk Ser...
The Edge Markets:
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KUALA LUMPUR (April 10): Felda was profitable between 2007 and 2011, with income averaging RM3.1 billion per year and peaking at RM5.9 billion in 2010, according to Economic Affairs Minister Datuk Ser...
Malay Mail:
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KUALA LUMPUR, April 10 — Emergency funds for the Federal Land Development Authority (Felda) have taken a critical hit, the economic affairs minister told Parliament today as he highlighted its cash ...
The Edge Markets:
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KUALA LUMPUR (April 10): Some RM1.4 billion of the RM10.5 billion generated from the listing of FGV Holdings Bhd was spent on 'shady transactions', said Economic Affairs Minister Datuk Seri Mohamed Az...
Free Malaysia Today:
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GEORGE TOWN: Putrajaya has yet to receive any deposit for a Malaysian government-owned building it has put up for sale in central Hong Kong, Finance Minister Lim Guan Eng said today after an MCA leade...
Free Malaysia Today:
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GEORGE TOWN: In the latest chapter of a running squabble over the market price of the Malaysia Building in Hong Kong, DAP secretary-general Lim Guan Eng has urged MCA president Wee Ka Siong to admit d...