The Malaysian Pulse
Beat of the Nation
Wed, 18 Sep 2019, 4:59 AM
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Topic: RM800 million

The Borneo Post:
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See: State govt should set up State Sovereign Wealth Fund for petroleum related projects
See Chee How KUCHING: Batu Lintang assemblyman See Chee How has applauded the Sarawak government for initiating the Sarawak Petchem Methanol project in Tanjung Kidurong, Bintulu to transform the town...
EdgeProp.my:
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Air Selangor sole water supplier in Selangor, KL, Putrajaya beginning Friday
KUALA LUMPUR (Sept 11): Pengurusan Air Selangor Sdn Bhd (Air Selangor) will officially be the only licensee for water treatment and distribution to consumers in Selangor, Kuala Lumpur and Putrajaya be...
theSun:
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Air Selangor to be sole water supplier in Klang Valley
KUALA LUMPUR: Syarikat Bekalan Air Selangor Sdn Bhd (Air Selangor) will be the sole licensee of water supply services and only operator to carry out water treatment and distribution services to consum...
The Edge Markets:
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Air Selangor sole water supplier in Selangor, KL, Putrajaya beginning Friday
KUALA LUMPUR (Sept 10): The Pengurusan Air Selangor Sdn Bhd (Air Selangor) will officially become the sole licensee for water treatment and distribution to consumers in Selangor, Kuala Lumpur and Putr...
Malaysiakini:
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Air Selangor sole water supplier in Selangor, KL, Putrajaya starting Friday
Pengurusan Air Selangor Sdn Bhd (Air Selangor) will officially become the sole licensee for water treatment and distribution to consumers in Selangor, Kuala Lumpur and Putrajaya beginning Friday.
Malay Mail:
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Air Selangor is sole water supplier to KL, Selangor, Putrajaya starting Friday
KUALA LUMPUR, Sept 10 ― The Pengurusan Air Selangor Sdn Bhd (Air Selangor) will officially become the sole licensee for water treatment and distribution to consumers in Selangor, Kuala Lumpur and Pu...
The Edge Markets:
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Paramount banks on big deal to hit RM1b property sales target
KUALA LUMPUR: Paramount Corp Bhd is keeping its new property sales target at RM1 billion this year, despite first-half sales of only RM310 million, about half the RM600 million it secured in the same ...
Malaysiakini:
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Report: MAS gets another RM300m from Khazanah
The sovereign wealth fund Khazanah Nasional Bhd has injected another RM300 million into Malaysia Airlines Bhd via its holding company Malaysia Aviation Group Bhd (MAG), according to a report, bringing...
The Edge Markets:
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Prasarana confident of delivering positive Ebitda by 2021
KUALA LUMPUR (Aug 19): Prasarana Malaysia Bhd is on track to deliver annual revenue between RM800 million and RM900 million in its financial year ending Dec 31, 2019 (FY19) while narrowing losses to a...
Malay Mail:
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Report: Malaysia Airlines gets another RM300m injection from Khazanah
KUALA LUMPUR, Aug 19 — Malaysian flag carrier Malaysia Airlines Berhad (MAB) received yet another fund injection, amounting to RM300 million, from Khazanah Nasional Berhad via its parent company Mal...
The Edge Markets:
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No dividend from Can-One despite booking one-off gain
KUALA LUMPUR: Can-One Bhd, which will book a gain from the sale of its sweetened creamer and evaporated creamer manufacturing unit, says it will not be paying dividend to shareholders after the dispos...
The Edge Markets:
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Malaysia Airlines gets another RM300m shot in the arm
KUALA LUMPUR: Khazanah Nasional Bhd has pumped another RM300 million into the country’s flag carrier Malaysia Airlines Bhd, via its holding company Malaysia Aviation Group Bhd (MAG), taking the tota...
The Edge Markets:
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Petronas Dagangan weighs its options
PETRONAS Dagangan Bhd’s share price fell to a one-year low last week.
The Edge Markets:
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Petronas Dagangan weighs its options
Petronas Dagangan Bhd’s share price fell to a one-year low last week.
The Borneo Post:
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Over RM290 mln used to repair, maintain roads in Sarawak
RM290 million has been given by the federal government to repair and maintain state roads, it said.  SIBU: The federal government has given over RM290 million for the repair and maintenance of roads...
The Edge Markets:
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ARB active, up 5.68% on water tech deals with two Chinese companies worth...
KUALA LUMPUR (July 24): ARB Bhd (ARBB) shares rose 5.68% in active trade this morning after the firm said its wholly-owned ARBIOT Sdn Bhd is to work with two Chinese companies for the provision of wat...
The Edge Markets:
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ARB inks water tech deals with two Chinese companies worth RM800m
KUALA LUMPUR (July 23): ARB Bhd, previously known as Aturmaju Resources Bhd, is teaming up with two China-based companies for the provision of water supply-related technology with a combined project v...
The Edge Markets:
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Newsbreak: Talks on CIMA sale back on as cement industry consolidates
UEM Group Bhd, which is wholly owned by Khazanah Nasional Bhd, has been looking into selling its cement manufacturing arm, Cement Industries of Malaysia Bhd (CIMA), according to sources.
The Edge Markets:
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EcoWorld 2Q earnings dip 4.5% on higher expenses
KUALA LUMPUR (June 27): Eco World Development Group Bhd's (EcoWorld) net profit for the second quarter ended April 30, 2019 (2QFY19) dipped 4.5% year-on-year (y-o-y) to RM41.17 million from RM43.13 mi...
EdgeProp.my:
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UDA Holdings to launch mixed development project in 1Q 2020
JOHOR BAHRU (June 20): UDA Holdings Bhd (UDA) is set to launch its 40-hectare mixed development project in Desaru, Kota Tinggi by its unit, UDA Land South Sdn Bhd, in the first quarter of next year.
The Edge Markets:
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UDA Holdings to launch mixed development project in 1Q 2020
JOHOR BAHRU (June 19): UDA Holdings Bhd (UDA) is set to launch its 40-hectare mixed development project in Desaru, Kota Tinggi by its unit, UDA Land South Sdn Bhd, in the first quarter of next year.
EdgeProp.my:
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RM800m worth of projects lined up in 2H — I-Bhd
KUALA LUMPUR (June 18): I-Bhd, which is likely to see contribution from its property development segment impacted this year as the property developer did not have any launches in 2018, has lined up pr...
The Edge Markets:
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RM800m worth of projects lined up in 2H — I-Bhd
KUALA LUMPUR (June 18): I-Bhd, which is likely to see contribution from its property development segment impacted this year as the property developer did not have any launches in 2018, has lined up pr...
The Edge Markets:
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JCorp redeems RM800m sukuk
KUALA LUMPUR: Johor Corp (JCorp), the southern state’s largest state-owned enterprise, has redeemed RM800 million of sukuk and coupon payment of RM49.19 million.
The Borneo Post:
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Hasil Bumi officers inspect Tawau gold mining site
Jasmin (right), Lo (third right), geologist Samsul (fourth right), Stephen (fifth right) ispecting the Bukit Mantri gold mining site.
The Edge Markets:
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Can-One to book gain of up to RM811m from sale of F&B Nutrition
KUALA LUMPUR (June 14): Can-One Bhd has decided to sell its sweetened creamer and evaporated creamer manufacturing unit to Asia Dairy Creations Sdn Bhd for between RM800 million to RM1 billion.
The Edge Markets:
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Can the Mammoth-Exsim JV finally complete Empire City Damansara?
THE ambitious RM5 billion Empire City Damansara (ECD1) project that was launched in 2011 by Mammoth Empire Holding Sdn Bhd (MEH) may finally see light at the end of the tunnel, if things go as planned...
The Edge Markets:
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Frankly Speaking: A strange offer
Last week, just before the Hari Raya Aidilfitri festivities, Can-One Bhd announced on Bursa Malaysia that it had received a conditional offer from Asia Dairy Creations Sdn Bhd to buy out its wholly-ow...
The Edge Markets:
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Can-One snaps up billion-ringgit offer
KUALA LUMPUR: Developments in Can-One Bhd over the next month will be interesting to watch.
The Edge Markets:
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Can-One, Seacera, Yee Lee, Maxwell International, Xingquan and Metronic Global
KUALA LUMPUR (June 4): Based on news flows and corporate announcements, stocks on focus for Friday (June 7) may include: Can-One Bhd, Seacera Group Bhd, Yee Lee Corp Bhd, Maxwell International Holding...
The Edge Markets:
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Can-One accepts offer to sell sweetened creamer unit
KUALA LUMPUR (June 4): Can-One Bhd has accepted the offer to sell its sweetened creamer and evaporated creamer original equipment manufacturer (OEM) unit F&B Nutrition Sdn Bhd for a price tag of betwe...
The Edge Markets:
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Can-One shares jump 10.2% on takeover offer
KUALA LUMPUR (June 4): Shares in Can-One Bhd jumped 10.2% this morning to a two-year high after it received a conditional offer from Asia Dairy Creations Sdn Bhd (ADCSB) to acquire its entire stake of...
The Edge Markets:
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Can-One, PetGas, Bintai Kinden, ECM Libra, Dolomite, Sunway, Opcom, Datasonic,...
KUALA LUMPUR (June 3): Based on corporate announcements and news flow today, companies that may be in focus tomorrow (June 4) may include the following: Can-One Bhd, Petronas Gas Bhd, Bintai Kinden Co...
The Edge Markets:
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Singapore PE firm offers up to RM1 bil to take over Can-One’s sweetened creamer...
KUALA LUMPUR (June 3): Can-One Bhd announced to Bursa Malaysia that it has today received a conditional offer from Asia Dairy Creations Sdn Bhd (ADCSB) to acquire its entire stake of F&B Nutrition Sdn...
EdgeProp.my:
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Mammoth-Exsim JV to complete Empire City Damansara
Launched in 2011 by Mammoth Empire Holding Sdn Bhd (MEH), the RM5 billion Empire City Damansara (ECD1) may finally be completed in a joint venture (JV) with Exsim Group.
The Edge Markets:
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Hap Seng Consolidated sees better prospects for plantation biz
KUALA LUMPUR (May 30): Hap Seng Consolidated Bhd, whose operating profit was hit by softer palm oil prices last financial year, said it sees improvement for its plantation business going forward.
EdgeProp.my:
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Paramount says planning overseas property venture
KUALA LUMPUR (May 29): Paramount Corp Bhd said the group is currently in talks with potential partners for its venture into overseas property markets within the next five years.
The Edge Markets:
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Paramount says planning overseas property venture
KUALA LUMPUR (May 29): Paramount Corp Bhd said the group is currently in talks with potential partners for its venture into overseas property markets within the next five years.
The Edge Markets:
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Frankly Speaking: Why does NRW problem persist?
A few months ago Water, Land and Natural Resources Minister Xavier Jayakumar said that the non-revenue water rate (NRW) was 46% in Pahang, 67% in Kelantan and 76% in Perlis.
The Edge Markets:
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PPB Group says to deliver satisfactory results despite trade tension
KUALA LUMPUR (May 17): PPB Group Bhd said today it should be able to deliver satisfactory results in the current financial year as it continues to bank on 18.5%-owned Wilmar International Ltd as a sig...
EdgeProp.my:
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Tabung Haji 1Q net profit at RM440m after successful restructuring
KUALA LUMPUR (May 13): Lembaga Tabung Haji (TH) posted a sustainable performance by recording a net profit of RM440 million in the first quarter ended March 31, 2019, as a result of the successful com...
The Edge Markets:
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Tabung Haji 1Q net profit at RM440m after successful restructuring
KUALA LUMPUR (May 13): Lembaga Tabung Haji (TH) posted a sustainable performance by recording a net profit of RM440 million in the first quarter ended March 31, 2019, as a result of the successful com...
Malay Mail:
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Tabung Haji posts Q1 net profit of RM440m on stronger financial position
KUALA LUMPUR, May 13 — Lembaga Tabung Haji (TH) posted a sustainable performance by recording a net profit of RM440 million in the first quarter ended March 31, 2019, as a result of the successful c...
Malaysiakini:
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Tabung Haji posts Q1, 2019 net profit of RM440 million
Tabung Haji posted a sustainable performance by recording a net profit of RM440 million in the first quarter ended March 31, 2019, as a result of the successful completion of its restructuring and reh...
The Edge Markets:
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Cover Story: Three options for FGV and FELDA’s LLA
FOR the past two or three years, there have been reports on the Federal Land Development Authority (FELDA) reviewing its land lease agreement (LLA) with FGV Holdings Bhd (formerly known as Felda Globa...
The Edge Markets:
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F&N 2Q net profit up 13% driven by Thai ops
KUALA LUMPUR (April 29): Fraser & Neave Holdings Bhd's (F&N) second-quarter net profit rose 12.8% year-on-year (y-oy), driven by strong performance from its food & beverages (F&B) Thailand, whose oper...
The Edge Markets:
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Seacera boardroom tussle far from over
THE boardroom tussle at tile manufacturer Seacera Group Bhd has intensified behind the scenes, notwithstanding the last-minute scrapping of an extraordinary general meeting by its biggest shareholder ...
The Edge Markets:
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Kelington, KPS, BIMB, UEM Edgenta, Gadang, MCE, Brahim's, Ikhmas Jaya and...
KUALA LUMPUR (April 16): Based on corporate announcements and news flow today, stocks in focus for Wednesday (April 17) may include the following: Kelington Group Bhd, Kumpulan Perangsang Selangor Bhd...
The Edge Markets:
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Bank Islam targets investment funds growth of RM800m for 2019
KUALA LUMPUR (April 16): Bank Islam Malaysia Bhd aims to achieve an investment funds growth of RM800 million this year, driven by the launch of its enhanced Al-Awfar product, which includes new featur...
The Star:
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Bank Islam targets investment funds growth of RM800m
KUALA LUMPUR: Bank Islam Malaysia Bhd aims to achieve an investment funds growth of RM800 million this year, driven by the launch of its enhanced Al-Awfar product, which includes new features and attractive offers for customers.
theSun:
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Ministry to study implementation of new projects in Sabah: Xavier
KOTA KINABALU: The Ministry of Water, Land and Natural Resources will conduct studies on several new projects listed for implementation in Sabah, said its minister Dr Xavier Jayakumar.
The Edge Markets:
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Ministry to study implementation of new projects in Sabah — Dr Xavier
KOTA KINABALU (April 15): The Ministry of Water, Land and Natural Resources will conduct studies on several new projects listed for implementation in Sabah, said its Minister Dr Xavier Jayakumar.
theSun:
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Worst is over, depositors remain confident: Tabung Haji CEO
KUALA LUMPUR: The total deposits received by the Pilgrims Fund Board (TH) still show a positive figure as the confidence of the depositors remains intact even though the institution has declared a low...
Malay Mail:
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Worst is over, depositors remain confident, says Tabung Haji CEO
KUALA LUMPUR, April 14 — The total deposits received by the Pilgrims Fund Board (TH) still show a positive figure as the confidence of the depositors remains intact even though the institution has d...
The Edge Markets:
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PublicInvest starts coverage on Halex, target price 95 sen
KUALA LUMPUR (April 11): Public Investment Bank Research has initiated coverage on Halex Holdings Bhd at 95 sen with an “Outperform’ rating and target price of 95 sen and said parallels between Ha...
EdgeProp.my:
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Felda to review land lease agreement with FGV
KUALA LUMPUR (April 10): The Federal Land Development Authority (Felda) will be reviewing the land lease agreement (LLA) it has with FGV Holdings Bhd.
EdgeProp.my:
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RM1.4b of RM10.5b from FGV's listing spent on 'shady transactions', says Azmin Ali
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...
The Edge Markets:
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Felda to review land lease agreement with FGV
KUALA LUMPUR (April 10): The Federal Land Development Authority (Felda) will be reviewing the land lease agreement (LLA) it has with FGV Holdings Bhd.
EdgeProp.my:
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Felda-FGV land lease agreement generates 50% less income than expected
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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Felda-FGV land lease agreement generates 50% less income than expected
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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Azmin: Felda cash reserves critical, down to RM35m from healthy RM2.5b
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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RM1.4b of RM10.5b from FGV's listing spent on 'shady transactions', says Azmin...
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...
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