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Mah Sing’s Q2 earnings jump to RM85m

KUALA LUMPUR: Mah Sing Group Bhd’s net profit rose 21.4 per cent to RM84.73 million for its second quarter ended June 30 2014 from RM69.82 million in the corresponding period last year.  Group revenue increased to RM705 million from RM475.74 … Continue reading

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Mah Sing’s Q2 earnings jump to RM85m

KUALA LUMPUR: Mah Sing Group Bhd’s net profit rose 21.4 per cent to RM84.73 million for its second quarter ended June 30 2014 from RM69.82 million in the corresponding period last year.  Group revenue increased to RM705 million from RM475.74 … Continue reading

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Alibaba aims to launch share sale in early September

HONG KONG (Reuters) – Chinese e-commerce company Alibaba Group Holding Ltd is planning to launch its New York stock market debut in the week of Sept. 8, a person briefed on the matter told Reuters on Saturday. The much-anticipated sale … Continue reading

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Alibaba aims to launch share sale in early September

HONG KONG (Reuters) – Chinese e-commerce company Alibaba Group Holding Ltd is planning to launch its New York stock market debut in the week of Sept. 8, a person briefed on the matter told Reuters on Saturday. The much-anticipated sale … Continue reading

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Dubai’s Emaar to launch malls unit IPO in Sept, list it in Oct

DUBAI, Aug 31 (Reuters) – Emaar Properties will launch an initial public offer to sell at least 15 percent of its shopping malls and retailing unit on Dubai’s main stock market in September, and plans to list the shares in … Continue reading

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Dubai’s Emaar to launch malls unit IPO in Sept, list it in Oct

DUBAI, Aug 31 (Reuters) – Emaar Properties will launch an initial public offer to sell at least 15 percent of its shopping malls and retailing unit on Dubai’s main stock market in September, and plans to list the shares in … Continue reading

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Sime’s Q4 earnings slip 9pc

KUALA LUMPUR: Sime Darby Bhd’s earnings slipped nine per cent to RM1.19 billion in the fourth quarter ended June 2014 from RM1.31 billion a year ago as the conglomerate braved challenges in the muted global economy. In its filing to the … Continue reading

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U.S. consumer spending pauses, but rising confidence offers hope

By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer spending fell in July for the first time in six months, but confidence among households hit a seven-year high in August, suggesting the retrenchment would be temporary. Another report on Friday showed … Continue reading

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TDC and buyout firms vie for Norway’s cable operator Get: sources

By Pamela Barbaglia and Freya Berry LONDON/STOCKHOLM (Reuters) – Norway’s second-biggest cable operator Get expects to receive binding offers from Denmark’s TDC and two heavyweight private equity funds in a sale that could value the company at around 1.4 billion … Continue reading

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Alibaba aims to launch share sale in early September-source

HONG KONG (Reuters) – Chinese e-commerce company Alibaba Group Holding Ltd is planning to launch its New York stock market debut in the week of Sept. 8, a person briefed on the matter told Reuters on Saturday. The much-anticipated sale … Continue reading

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