KUALA LUMPUR: SP Setia Bhd, which is buying 1,674.83 acres in Penang for RM620.12mil, has issued Islamic medium-term notes (sukuk murabahah) of RM434mil to part finance the purchase.In a filing with Bursa Malaysia, the property developer said its unit Setia Recreation Sdn Bhd issued the 10-year...

Aznil will be making a special appearance at Fiesta Labur PNB on Oct 1. — Photos: PNBEQUIPPING yourself with basic investment fundamentals and market trend knowledge is the first step towards making sound investment decisions for the future.However, learning about investment does not always have...

Plantation, property units to declare payouts of 50% and 20% respectivelyPETALING JAYA: Sime Darby Group, which is moving a step closer towards spinning off its plantation and property units, has unveiled the dividend policies for the businesses.Sime Darby Plantation Bhd in its prospectus exposure...

Timely help: Dr Mohammed Azman (right) presenting a mock cheque to taxi driver Ali Ibrahim at Melaka Sentral Terminal earlier this year. Ali is the first recipient of Socso’s Self-Employed Employment Injury Scheme benefits which took effect on June 1.PETALING JAYA: Every year, an average of...

PETALING JAYA: IOI Properties Group Bhd (IOI Properties) has recently announced its expansion and upgrading plans for the Bandar Puteri Puchong Interchange (BPP Interchange).This RM20mil project is conducted in two stages and is wholly-funded and constructed by IOI Properties to enhance the...

  (Left to right) Kok, E&O MD Kok Tuck Cheong and senior GM of Corporate Investment & Corporate Planning Yeonzon Yeow.KUALA LUMPUR: Shareholders of Eastern & Oriental Bhd (E&O) updated on the company’s overall improved position for the first 12 months, where the shareholders apprised about...

High rise residence to be sold from RM328,000, with indicative built up from 650 sq ft to be launch in fourth quarter 2017.Datuk Seri Utama Tengku Adnan bin Tengku Mansor (Minister of Federal Territories) looking at the scale model of M Centura. KUALA LUMPUR: Mah Sing Group Bhd (Mah Sing)...

Four Seasons Private Residence to operate independently from hotelThe Four Seasons Residence under the afternoon lightLONDON: Finchatton Ltd announced its partnership with Four Seasons Hotels And Resorts Ltd on Sep 18 to offer the first standalone Four Seasons Private Residences, which is located...

Patriotism without boundsThe Malaysian flag flies high on foreign grounds.PETALING JAYA: Aligned with this year’s Malaysia Day theme, “Negaraku Sehati Sejiwa,” LBS Bina Group Bhd (LBS) commemorated the celebration at the Zhuhai International Circuit on Sept 17. The event was conducted...

8km scenic run across Tropicana HeightsParticipants ready to race at the 8km Fun Run at Tropicana HeightsKAJANG: Over 600 participants from Klang Valley dusted off their running shoes to dash through the 199-acre development of Tropicana Heights during its recent Fun Run 2017. The 8km Fun Run,...