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1MDB sells power assets to China's CGN Group for RM9.83 billion 24-Nov-2015 6:00 AM

PETALING JAYA: 1Malaysia Development Bhd (1MDB) yesterday announced that it will dispose of its entire stake in all its energy assets held under Edra Global Energy Bhd to China General Nuclear Power Corp (CGN Group) for RM9.83 billion cash, despite t...

Awer: Do cost-benefit analysis before lifting power assets foreign stake cap 23-Nov-2015 6:00 AM

PETALING JAYA: The Association of Water and Energy Research Malaysia (Awer) has urged the government to come up with a cost-benefit analysis before it does away with a 49% foreign investor cap for power assets, and questioned whether 1Malaysia Devel...

BNM’s restriction on Aabar possibly due to earlier conditions 21-Sep-2015 6:00 AM

PETALING JAYA: The restriction of Aabar Investment's voting rights and entitlement to RHB Capital Bhd's rights issue to no more than 15% by the central bank could be due to the previous cap on corporate shareholding in banks under BAFIA, said Maybank...

G20 market cap hit historic high of RM431b 10-Aug-2015 6:00 AM

KUALA LUMPUR: The market capitalisation of G20 or the top 20 government-linked companies (GLCs) almost trebled to RM386 billion from RM134 billion for the period May 2004 to July 2015, hitting an all-time high of RM431 billion on April 7, 2015, said ...

Fair value of Ikhmas Jaya shares at 63 sen: Inter-Pacific 8-Jul-2015 6:00 AM

PETALING JAYA: Inter-Pacific Research Sdn Bhd has placed a fair value of 63 sen on Ikhmas Jaya Group Bhd, implying a 20% discount to Econpile Holdings Bhd (12 times). "We believe this discount is justified given Econpile's larger market cap (excess o...

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