Mon04212014

LAST_UPDATEMon, 21 Apr 2014 2am

Malaysians Invited To Bid For UK Armed Forces Contracts

Malaysian commandos rescue hostages at a demonstration at DSA 2014 at the Putra World Trade Centre April 14, 2014./Pic:BernamaKUALA LUMPUR: The United Kingdom (UK) Ministry of Defence (MOD) is inviting Malaysian companies to bid to supply the UK armed forces.

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7-Eleven Malaysia Prices Institutional Investors’ Shares In US$226m IPO

Pic : google.comKUALA LUMPUR: 7-Eleven Malaysia Holdings Bhd is expected to price at RM1.38 (43 US cents) a share the tranche it will sell to cornerstone investors in an initial public offering that is likely to raise US$226 million (RM731.8 million), IFR reported yesterday, citing people with knowledge of the deal.

Read more: 7-Eleven Malaysia Prices Institutional Investors’ Shares In US$226m IPO

Way Out For MAS

Pic : google.comTHERE are not many options left for national carrier Malaysian Airline System Bhd (MAS) to return to profitability besides privatisation or declaring bankruptcy.

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Portugal Gets Another IMF Bailout Payment

Portugal is in desperate need of cash from Europe/Google ImagesTHE International Monetary Fund released a bailout payment of 851 million euros ($1.18 billion) to Portugal on Thursday as the debt-riddled country gets close to exiting its three-year IMF-European Union rescue.

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Mattel Reports Loss As Barbie Sales Fall

Little girls aren't into Barbie anymore/Google ImagesTOYMAKER Mattel has a problem: Barbie's performance has not been very pretty of late.

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Ringgit’s Fair Value Against Dollar

Pic : www.nst.com.myTHE fair value for the ringgit against the US dollar at the current level could be anywhere between RM3.05 and RM3.20, forex analysts said.

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JCorp Envisions Iskandar As Healthcare Hub

Pic : google.comJOHOR BARU: State investment arm Johor Corp Bhd (JCorp) is looking to transform Iskandar Malaysia into a regional healthcare hub.

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RM1b Langat 2 Job

Pic : borneoinsider.comWORKS on the Langat 2 water treatment plant project in Selangor will kick off soon after Pengurusan Aset Air Bhd (PAAB) awarded a nearly RM1 billion contract to three listed companies on Wednesday.

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Yellen Helps Asia Currencies Crawl Higher In Subdued Trading

Pic : google.comSINGAPORE: Most emerging Asian currencies edged up today as the dollar eased broadly after US Federal Reserve chair Janet Yellen’s dovish comments on monetary policy, while trading was subdued ahead of a holiday in some markets.

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Indonesia Woos Investors From Facebook To Ikea With Population

Pic : The Malay MailJAKARTA: Consumer-focused companies from Ikea to European automakers are putting money into Indonesia to target the country’s young population.

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