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Co-opbank Persatuan targets RM54 million profit in FY18

KUANTAN, July 9 (Bernama) -- Co-opbank Persatuan Malaysia Bhd is targeting to record a profit of RM54 million for the financial year ending Dec 31, 2018 (FY18).


MRL denies ECRL project is proceeding despite suspension order

KUALA LUMPUR, July 9 (Bernama) -- Malaysia Rail Link Sdn Bhd (MRL) has reaffirmed that the East Coast Rail Link (ECRL) project is currently suspended and no other works to progress it will take place at this time in line with the Minister of Finance's (MOF) suspension order.


New R&D center opens at Singapore's world water technology hub

KUALA LUMPUR, July 9 (Bernama) -- A new research and development (R&D) center of Gradiant Corporation will operate in Singapore -- world´s premier hub for water technology.


FGV hopes PM's China trip will benefit palm oil sector

KUALA LUMPUR, July 9 (Bernama) -- FGV Holdings Bhd is optimistic that Prime Minister Tun Dr Mahathir Mohamad's official visit to China in August will benefit the palm oil sector, said President and Group Chief Executive Officer Datuk Zakaria Arshad.


Top Glove shares down 24.29 pct at mid-afternoon

KUALA LUMPUR, July 9 (Bernama) --Top Glove Corporation Bhd has emerged the top loser on Bursa Malaysia, with its share price down 24.29 per cent at mid-afternoon today, following its legal proceedings against Adventa Capital Pte Ltd.


LPI Capital's Q2 net profit eases to RM65.7 mln

KUALA LUMPUR, July 9 (Bernama) -- General insurer LPI Capital Bhd's net profit for the second quarter ended June 30, 2018, declined slightly to RM65.74 million from RM68.06 million a year earlier due to a lower investment holding segment income.


China's Guotai Junan Securities wins two awards by Asset Magazine

KUALA LUMPUR, July 9 (Bernama) -- Guotai Junan Securities, a China-based securities company won two awards at the "Triple A Asset Servicing, Institutional Investor and Insurance Awards" hosted by The Asset magazine recently.