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https://theedgemalaysia.com/node/33730
Corporate: Tough times ahead for steel players
English
Higher raw material costs and uncertainties over demand could hurt the margins of steel products and erode the earnings of steel millers, say industry observers. In 1Q2010, bottlenecks in the supply chain and input cost pressure kept average selling prices at a high level. The prices of products such as steel bars, bi...
https://theedgemalaysia.com/node/71781
IIA urges mandatory adoption of internal auditing standards
English
KUALA LUMPUR: The Institute of Internal Auditors Malaysia (IIA Malaysia) is urging public listed companies (plc) to adopt the International Professional Practices Framework (IPPF) as a mandatory framework for their internal audit work. “We believe the mere setting up of a mandatory internal audit function will not warr...
https://theedgemalaysia.com/node/20831
Privatisation 2.0
English
ONE of the policy objectives desired to be achieved in pushing Malaysia into a high-income economy is by intensifying private sector investment which slowed down significantly after the 1997 Asian financial crisis to below 10% of the gross domestic product compared to almost 30% prior to that. Among the measures announ...
https://theedgemalaysia.com/node/61272
IATA: Improved demands, but outlook remains fragile
English
KUALA LUMPUR (April 3): Global traffic results for February 2012 has shown that passenger demand improved by 8.6% while cargo demand grew to 5.2% compared to the same month of the previous year, according to the International Air Transport Association (IATA). In a statement on Tuesday, IATA said weaker traffic during t...
https://theedgemalaysia.com/node/2684
There are still jobs to be had in GCC
English
Three years ago, Dubai Investment Group (DIG) was seen as a Middle Eastern company to be reckoned with when it forked out RM828 million cash to acquire a 40% stake in Bank Islam. Bank Islam was not DIG’s only target at the time. It also snapped up stakes in public listed companies on Bursa Malaysia, such as constructi...
https://theedgemalaysia.com/node/89156
Against all odds
English
ACROSS many professional trades in Malaysia, the percentage of women in entry-level jobs seems to be equal with or higher than that of men. In tracing the gender ratio of employees up the career ladder, however, it widens in favour of the masculine sex. "The majority of employees at the entry level are women, even in t...
https://theedgemalaysia.com/node/54145
Seoul shares snap 5 days of losses before Fed meeting
English
SEOUL (Dec 17): Seoul shares ended slightly higher on Tuesday, fuelled by robust data from the United States and Europe, but paring gains ahead of a key two-day policy meeting by the Federal Reserve. The Korea Composite Stock Price Index (KOSPI) closed up 0.2 percent at 1,965.74 points, after hitting an intraday ...
https://theedgemalaysia.com/node/80154
#Flash* Dorab Mistry sees CPO price in RM2,300-2,500 range in the next 3 mths
English
Flash: Dorab Mistry sees CPO price in RM2,300-2,500 range in the next 3 mths
https://theedgemalaysia.com/node/4699
Deloitte opens forensic practice in KL
English
In a statement released before a media briefing here today, the accounting firm said with the forensic practice here, it was now well-positioned to assist companies to better deal with issues such as fraud and corruption. It would also be able to offer advice on how to minimise the risk of such events from occurring, i...
https://theedgemalaysia.com/node/83191
#Update* Kamdar shareholders withdraw EGM notice
English
KUALA LUMPUR (April 12): Kamdar Group (M) Bhd’s two major shareholders who had earlier planned to remove three existing board members, have withdrawn the extraordinary general meeting (EGM) called earlier to seek shareholders' consent for the proposal. The textile manufacturer and retailer which announced this to the e...
https://theedgemalaysia.com/node/55906
E&O’s Seri Tanjung Pinang progressing well
English
Eastern & Oriental Bhd(Dec 16, RM1.95)Maintain buy at RM1.95 with a fair value of RM3: We reaffirm our “buy” recommendation on E&O with an unchanged fair value of RM3, based on a 35% discount to our net asset value (NAV) of RM4.61 per share, including the significant accretion from Seri Tanjung Pinang 2 (STP2). Excludi...
https://theedgemalaysia.com/node/34717
Off-Market Trades
English
For the week ended July 6, some 157 million shares worth RM235 million were done off market in blocks of at least 450,000 shares. Pipe maker Hiap Teck Venture Bhd saw 34 million shares, or 10.38% equity interest, cross in a direct deal at RM1.46 a share for a total value of RM49.64 million on July 5. According to a fi...
https://theedgemalaysia.com/node/4595
OSK sees strong growth in Mudajaya
English
OSK Research has reiterated its buy call on Mudajaya Group Bhd at RM1.39 with a higher target price of RM1.90 versus RM1.57 previously to reflect the construction company’s strong earnings prospects. “To better capture Mudajaya’s strong earnings prospects, we now value the company at eight times average two-year forwar...
https://theedgemalaysia.com/node/59834
Australia shares slip to 8-week lows, QBE plummets on profit warning
English
SYDNEY (Dec 9): Australian shares skidded to eight-week lows on Monday morning, as QBE Insurance plummeted after a shock profit warning, putting the financial sector on the backfoot. QBE Insurance Group Ltd dived 19.2 percent to a 9-1/2-month low of A$12.48 after the company said it expected to report a net loss f...
https://theedgemalaysia.com/node/34159
Corporate: Navis Capital gains control of Eng Kong
English
Shares in Eng Kong Holdings could fall significantly by the end of next month, unless private-equity firm Navis Capital Partners secures the more than 90% shareholding it needs to take the container services provider private. In the longer term, however, Eng Kong could end up being much more valuable if Navis Capital’s...
https://theedgemalaysia.com/node/98226
PM in cameo role in BR24 special merdeka drama
English
KUALA LUMPUR (Aug 30): For the second year running, Bernama Radio24 (BR24) has produced a special Merdeka drama with a cameo appearance by none other than Prime Minister Datuk Seri Najib Razak. While Najib delivered the National Day speech at the end of the drama in last year's 'Memoir 57’, this year the prime ministe...
https://theedgemalaysia.com/node/73762
Greece heads for debt cliff-hanger
English
IF cliffhangers are needed to keep financial markets on edge, Greece is doing its best to help. A deal on releasing €44 billion (RM175 billion) in long-overdue international aid was shelved last week after eurozone finance ministers fell out again over how to reduce the country’s debt mountain. Athens, meanwhile, is fi...
https://theedgemalaysia.com/node/46707
PDZ’s asset acquisition is off
English
KUALA LUMPUR: PDZ Holdings Bhd’s corporate exercise recently involving the takeover of private company Efogen Sdn Bhd has hit a brick wall, according to sources familiar with the matter. It is understood that a meeting and subsequently an announcement to Bursa Malaysia pertaining to PDZ’s acquisition was to have been m...
https://theedgemalaysia.com/node/85777
Terengganu’s move to axe officers draws flak
English
PETALING JAYA: The new Terengganu government’s decision to discontinue the services of state and parliamentary development officers in areas won by the opposition has drawn criticism. Kuala Terengganu member of parliament (MP) Datuk Raja Kamarul Bahrin Shah Raja Ahmad, of PAS, said the announcement by the menteri besar...
https://theedgemalaysia.com/node/80430
O&G capex rollout re-ignition gaining pace
English
Oil and gas sector: Maintain overweight: Petroliam Nasional Bhd’s (Petronas) 2012 financial year (FY12) net profit decreased 17% year-on-year (y-o-y) to RM49 billion despite relatively flat revenue due to higher operating costs and impairment losses on property, plant and equipment, largely in Egypt. Excluding the RM...
https://theedgemalaysia.com/node/98392
Govt enforces amended Safeguard Act effective Sept 1
English
KUALA LUMPUR  (Sept 3): The government has enforced the Safeguard Act (Amendment) 2012 effective Sept 1, 2013, which is an amendment to the current Safeguard Act 2006 (Act 657). In a statement today, the Ministry of International Trade and Industry (MITI) said the amended act empowered Malaysia to invoke safeguard meas...
https://theedgemalaysia.com/node/3981
Kelantan police confident of solving theft of cash from ATM
English
BACHOK (Feb 07): Kelantan police are confident of solving the theft of money from automated teller mahcines (ATMs) in the state, in the near future. State deputy police chief, Datuk Mazlan Lazim, said that the police had identified the suspects concerned and the method used in committing the crime. "We are waiting for ...
https://theedgemalaysia.com/node/32328
Gamuda rises to 8-month high
English
KUALA LUMPUR: Gamuda Bhd’s share price rose to RM3.20 in active trade yesterday, the highest in eight months, after it was reported as one of the 15 construction companies called for a tender briefing on the scope of work for the extensions to the light-rail transit (LRT) systems. Gamuda rose 10 sen to RM3.20 with 21.8...
https://theedgemalaysia.com/node/87701
Benalec posts more poor results
English
Benalec Holdings Bhd(May 30, RM1.41) Downgrade to neutral at RM1.38 with a revised target price of RM1.25: Benalec’s results for the first nine months of the 2013 financial year ending June (9MFY13) results came in below our and consensus expectations, accounting for only 54% and 55% of total earnings projection. Net p...
https://theedgemalaysia.com/node/53791
MAS 1H net loss widens to RM769m on higher fuel cost
English
KUALA LUMPUR: Malaysian Airline System Bhd’s (MAS) net loss for the second quarter ended June 30, 2011 narrowed to RM526.68 million compared with net loss of RM534.73 million a year ago as it continued to be impacted by the high fuel prices. Reviewing its performance, MAS said on Tuesday, Aug 23 its revenue was RM3.485...
https://theedgemalaysia.com/node/88331
Kinrara Residence’ final phase 30% taken up
English
UALA LUMPUR: Ambrosia@Kinrara Residence in Puchong, Selangor, has achieved a 30% take-up ahead of its relaunch on Oct 26, said a Mah Sing Group Bhd spokesman. The final phase of Mah Sing’s development comprises 145 homes on a 27.54-acre (11ha) leasehold parcel within the 139-acre mixed residential development Kinrara R...
https://theedgemalaysia.com/node/44488
Abu Dhabi energy firm files suit against Sime Engineering
English
Sime Darby Bhd(Feb 16, RM9.28)Maintain outperform at RM9.28 with fair value RM11.10: According to a news report, Abu Dhabi-based energy firm, Emirates International Energy Services (EMAS), has filed a US$200 million (RM610 million) lawsuit against Sime Engineering Sdn Bhd,  stemming from a dispute over tender bids. The...
https://theedgemalaysia.com/node/80739
Federal govt maintains no local govt election
English
PUTRAJAYA (March 13): The federal government will stand firm in its position against the conduct of local government elections amid Penang's bid to restore the "third vote". Minister of Housing and Local Government Datuk Seri Chor Chee Heung today said his ministry will discuss the matter with the Attorney-General's Ch...
https://theedgemalaysia.com/node/25312
Green Packet aims for market leadership in 2010
English
PETALING JAYA: The solutions division of Green Packet Bhd is aiming to become the world’s market leader for WiMAX modems, which would require more than double its present 14% market share to 30%. Green Packet’s senior general manager Kelvin Lee told a media briefing yesterday that 2010 was expected to be a year that wo...
https://theedgemalaysia.com/node/36115
#Today's Diary* What to expect on Aug 30, 2010
English
The launch of UTAR New Village Community Project Webpage and UTAR Student Services Webpage and presentation of UTAR Soft Skills Development Certificate at UTAR, Perak Campus, Kampar, Perak at 9.30am. Prime Minister Datuk Seri Najib Razak attends ground-breaking ceremony of the new Low-Cost Carrier Terminal (LCCT), Sepa...
https://theedgemalaysia.com/node/62299
Interview: Carlsberg optimistic despite dip in sales
English
HAVING recently completed his first 100 days as the new managing director of Carlsberg Brewery (M) Bhd, Henrik Juel Andersen is looking at the growth prospects of the company with “bright and optimistic eyes”. He says Carlsberg is in a good position to grow faster than the market despite the overall cautious mood in t...
https://theedgemalaysia.com/node/63445
Kian Joo alleges ‘plagiarism’ in judgment
English
KUALA LUMPUR: The lengthy legal battle between Kian Joo Can Factory Bhd and Can-One Bhd has taken another twist, with the See family seeking a review of the Federal Court decision on grounds that the court had “plagiarised” its grounds of judgment. The See family’s latest application was filed by their solicitor Messrs...
https://theedgemalaysia.com/node/34407
Scomi submits proposal to supply trains for LRT extension
English
RAWANG: Scomi Group Bhd’s subsidiary Scomi Engineering Bhd, has submitted proposals, to upgrade the trains from the existing two-car to four, and is waiting for a decision for the extension of the current KL Monorail line. “We have submitted our proposals for line expansion and the upgrading of coaches, but it is up to...
https://theedgemalaysia.com/node/84497
#Market Open* KLCI falls 0.08%, cautious trading seen ahead of elections
English
KUALA LUMPUR (April 26): The FBM KLCI fell in early trade amid cautious trading ahead of Malaysia's general election on May 5 this year. At 9.05am, the KLCI was down 1.38 points or 0.08% to 1,704.96 on losses in blue chip stocks like British American Tobacco (M) Bhd and Petronas Gas Bhd. Across Bursa Malaysia, some 17 ...
https://theedgemalaysia.com/node/6114
Mudajaya gets another PPA in India
English
In a statement yesterday, it said phase two of the IPP project consisted of 3x360MW (1,080MW) and was expected to commence commercial operations by September 2011. The PPA entered into by its associated company RKM Powergen Private Ltd (RKM) was for a period of 12 years from the commercial operation date of phase two o...
https://theedgemalaysia.com/node/36674
Corporate: Investors shrug off Japanese debt fears
English
Not even a year ago, amid widespread concerns over Greece’s debt crisis, any mention of Japanese government bonds would spur a discussion on whether the market was destined eventually to collapse under the weight of government debt.Today, that debate has petered out — at least for now — even though Tokyo’s fiscal woes ...
https://theedgemalaysia.com/node/74074
Stocks to watch: IJM Corp, MISC, Parkson, Tan Chong, Maxis, Protasco, DRB-Hicom
English
KUALA LUMPUR (Nov 28): The FBM KLCI could sustain some of its gains on Thursday as buying is expected to return as valuation for some highly desired stocks is seen as increasing. The local index snapped its losing streak on Wednesday and clawed back to close above the important 1,600-point level, lifted by some late bu...
https://theedgemalaysia.com/node/58751
YTL Corp extends share exchange offer to YTL Cement shareholders
English
KUALA LUMPUR (Dec 19): YTL Corporation Bhd has extended a voluntary share exchange offer to the holders of YTL Cement Bhd shares and its loan stocks to maximise the value of their investments. It said on Monday the offer was RM4.50 for each YTL Cement share, or 3.17 shares of 10 sen each in YTL Corp for every one ordin...
https://theedgemalaysia.com/node/6857
Envair revises terms of MLM acquisition
English
KUALA LUMPUR: Envair Holding Bhd will now issue 90 million new shares of 10 sen each, with 36 million free detachable warrants, at an issue price of 10 sen per share for its proposed acquisition of a 45% stake in multi-level marketing (MLM) company Guan Fang International Marketing (M) Sdn Bhd (GFIM). It had earlier pr...
https://theedgemalaysia.com/node/87798
Iris Corp profit dips 6.9% to RM5.9m
English
KUALA LUMPUR (May 31): Iris Corp Bhd’s net profit for the fourth quarter ended March 31, 2013 (4QFY13) dipped by 6.9% year-on-year to RM5.91 million from RM6.35 million a year earlier. In a filing with Bursa Malaysia, the technology firm reported its revenue however ballooned by 144.41% to RM187.26 million from the pre...
https://theedgemalaysia.com/node/79441
Oil dips below $105 on ample supply, Iran nuclear talks
English
* West seeks first-step deal with Iran in Geneva talks* Iran says deal possible "if everybody tries their best"* Euro zone recovery lost momentum in Oct, Germany shines LONDON/SINGAPORE (Nov 7): Brent crude fell below $105 a barrel on Thursday, to its lowest since early July, as plentiful supplies and continued progres...
https://theedgemalaysia.com/node/86905
Cuepacs chief rapped for 'boycott AirAsia' call
English
PETALING JAYA (May 22): Penang chief minister Lim Guan Eng today rapped Congress of Unions of Employees in the Public and Civil Services (Cuepacs) president Datuk Omar Osman for calling civil servants to boycott  AirAsia and its sister company AirAsia X. Lim said Omar should "behave like a Cuepacs president" and not co...
https://theedgemalaysia.com/node/1688
Gerakan claiming 5 'angpow' mega projects
English
Penang Gerakan state liaison committee chairman Datuk Dr Teng Hock Nan said in view of the large amount allocated for the second stimulus package, the projects promised to Penang should be immediately implemented. "We appeal to the federal government to immediately implement all the five 'angpow' mega projects promised...
https://theedgemalaysia.com/node/74429
Brent keeps above $108; on track for biggest weekly gain since July
English
SINGAPORE (Nov 15): Brent oil futures held above $108 a barrel on Friday, heading for its biggest week since early July on expectations the Federal Reserve will stick with its easy money policy for now. Janet Yellen, likely to be the next Fed chief, on Thursday defended the U.S. central bank's commodity-friendly st...
https://theedgemalaysia.com/node/40828
AWC eyes green projects, reduce dependency on Mid-east contracts
English
PETALING JAYA: AWC Bhd is eyeing green economy-related projects and is looking at reducing its dependency on Middle-east contract under its three-year growth plan. AWC chairman Datuk Nik Mod Amin Nik Majid said on Monday, Nov 29 it was seeking opportunities in renewable energy, expand overseas and also management of ai...
https://theedgemalaysia.com/node/75254
S’gor seeks full report on altar demolition
English
SHAH ALAM: The Selangor government said it has requested a “detailed report” on the  demolition of an altar in a private compound by the Sepang Municipal Council last  month. Menteri Besar Tan Sri Khalid Ibrahim, commenting on the controversy for the  first time on Tuesday, said the report would help determine if the l...
https://theedgemalaysia.com/node/38308
Jerneh Asia inks deal to sell Jerneh Insurance to ACE for RM532.3m
English
Kuala Lumpur: After ten months of bidding process, Jerneh Asia Bhd (JAB) has finally inked the deal to sell off their 80% stake in Jerneh Insurance Bhd (JIB) for RM532.3 million to ACE INA International Holdings. The sum was arrived on a willing-buyer-willing seller bass through a bidding process that also saw oth...
https://theedgemalaysia.com/node/91141
Market Close: KLCI gains 0.1%, Europe, US sentiment curbs advance
English
KUALA LUMPUR (July 4): The FBM KLCI rose 2.13 points or 0.1% as most Asian markets advanced. This followed a better overnight performance across US markets. At 5pm today, the KLCI settled at 1,771.34 on gains in stocks like Public Bank Bhd and CIMB Group Holdings Bhd. Fund managers said political concerns in Europe and...
https://theedgemalaysia.com/node/55191
CIMB Research has Technical Sell on Genting
English
KUALA LUMPUR: CIMB Equities Research has a Technical Sell on Genting Bhd at RM8.80, at which it is trading at a FY12 price-to-earnings of 10.4 times and price-to-book value of 1.9 times. It said on Friday, Sept 23 that Genting’s share price broke below its triangle support early this week and this has drawn investors i...
https://theedgemalaysia.com/node/84756
Highlight: CPO futures fall
English
KUALA LUMPUR: Crude palm oil (CPO) futures on the Bursa Malaysia Derivatives Exchange (BMD) dropped further yesterday on news that Indonesia would be cutting its export tax on CPO next month. The contract for delivery in July dropped 2.2% to RM2,294 a tonne here, closing for the first time below the RM2,300 level this ...
https://theedgemalaysia.com/node/18901
CIMB Research has technical buy on AMMB at RM5.92
English
KUALA LUMPUR (Nov 30): CIMB Equities Research has a technical buy on AMMB Holdings Bhd at RM5.92 at which it is trading at a price-to-book value of 0.5 times. It said on Wednesday AMMB broke out of its medium term downtrend channel on Tuesday on strong volume. Prices also pushed above its 30-day and 50-day SMAs along t...
https://theedgemalaysia.com/node/5285
Roddick snaps first-round losing run
English
The American sixth seed had not made it past the first round since 2005 and with only one win on red dirt this season, few would have been surprised if Roddick had already booked his flight out of Paris. But he made sure he would have a chance of prolonging his stay at Roland Garros, where his highlight has been one th...
https://theedgemalaysia.com/node/96631
Update: Boustead 2Q profit up, declares 7.5 sen dividend
English
KUALA LUMPUR (Aug 21): Boustead Holdings Bhd announced that it recorded a profit after tax (PAT) of RM75 million for its second quarter ended June 30, a 33% year-on-year increase. Net profit was RM61.2 million, up 40% from RM43.7 million. This was achieved on the back of a flattish revenue of RM2.4 billion. Consequentl...
https://theedgemalaysia.com/node/53838
Excess capacity to weaken steel prices
English
Steel sectorMaintain underweight: Domestic demand for steel products will continue to be fuelled by existing as well as planned infrastructure works. Based on an average growth scenario, the Malaysian Iron and Steel Industry Federation (Misif) expects steel consumption to grow by 3% in 2013 followed by a stronger 4% in...
https://theedgemalaysia.com/node/1708
PAAB seals largest water deal
English
KUALA LUMPUR: Ranhill Bhd’s unit SAJ Holdings Sdn Bhd (SAJH) and the Johor state government are disposing of the state’s water assets to the federal government’s Pengurusan Aset Air Bhd (PAAB) at one times book value for a total of RM4.03 billion and the assumption of liabilities totalling RM3.18 billion. SAJH will the...
https://theedgemalaysia.com/node/51789
Affin IB Research downgrades UMW Oil & Gas to Sell
English
KUALA LUMPUR (Dec 20): Affin IB Research has downgraded UMW Oil & Gas Corporation Bhd to Sell (from Reduce) at RM4.12 with an unchanged target price of RM3.10 and said UMW-OG’s share price had done exceedingly well, surging by 21% in December (+47% from its IPO price of RM2.80). In a note Friday, the research house sai...
https://theedgemalaysia.com/node/51439
Time Engineering-OS rights shares dn 27.5% on first day
English
KUALA LUMPUR: Time Engineering Bhd rights shares fell 27.5% to 14.5 sen in very active trade in the morning session on the first trading day on Wednesday, July 6. At 12.30pm, it was down 5.5 sen to 14.5 sen wtih 56.23 million units done. The FBM KLCI rose 3.65 points to 1,585.50. Turnover was 528.67 million shares valu...
https://theedgemalaysia.com/node/97147
Rohani unperturbed by Shahrizat's appointment as special adviser
English
KUCHING (Aug 23): Women, Family and Community Development Minister Datuk Rohani Abdul Karim wants ongoing argument over the appointment of Datuk Seri Shahrizat Abdul Jalil as the prime minister’s special adviser to oversee women welfare to stop. Reiterating that she has no "adviser", and that other cabinet colleagues a...
https://theedgemalaysia.com/node/84336
#Stocks To Watch* MBSB, KLK, Maxis, Puncak, Astro, MHB and Public Bank
English
KUALA LUMPUR (Oct 22): Based on news flow and corporate announcements, the stocks that deserve some attention tomorrow could include MBSB, KLK, Maxis, Puncak, Astro, MHB and Public Bank. Malaysia Building Society Bhd (MBSB) announced that for the nine months period ended Sept 30, 2013, it achieved a pre-tax profit of R...
https://theedgemalaysia.com/node/85775
Loans growth still lagging
English
Hong Leong Bank Bhd(May 10, RM14.42)Maintain neutral with unchanged target price of RM14.90: HLBB’s nine months of 2013 financial year (9MFY13) net earnings of RM1,439.8 million came within our and consensus expectations. With gross loans growth lagging behind industry at just 7.7% year-on-year (y-o-y) and net interes...
https://theedgemalaysia.com/node/85208
Banks sitting ducks with withdrawal of licence?
English
PETALING JAYA: Has the home ministry inadvertently made financial institutions which engaged the services of Kawalan Prima Sdn Bhd sitting ducks by withdrawing the security firm’s licence? This is the question following the announcement by Deputy Home Minister Datuk Wan Junaidi Tuanku Jaafar on Wednesday morning that t...
https://theedgemalaysia.com/node/35049
Highlight: Red alert at Sg Buloh Hospital as operating theatres closed
English
Last Updated: 7:05am, Jan 10, 2014 KUALA LUMPUR (Jan 10): In the midst of putting up with uncollected litter following cleaning contractor Radicare’s shortcomings in staffing, the Sungai Buloh Hospital has also had to deal with non-functioning operating theatres (OTs). All of the nine-year-old hospital’s 12 OTs have be...
https://theedgemalaysia.com/node/35758
Corporate: A possible reprieve for Carotech
English
Barely a month after announcing that it had defaulted on RM213.6 million worth of debt obligations, things seem to be looking up for Carotech Bhd. It is learnt that Carotech’s lenders had two meetings in July to discuss the company’s proposed debt restructuring scheme and will likely give it the green light. “No object...
https://theedgemalaysia.com/node/15170
BNM international reserves up US$200m
English
KUALA LUMPUR (May 22): Bank Negara Malaysia's (BNM) international reserves rose US$200 million (RM624 million) to US$136.1 billion as at May 15, 2012, from US$135.9 billion as at April 30. In a statement Tuesday, the central bank said the reserves position was sufficient to finance 9.3 months of retained imports and is...
https://theedgemalaysia.com/node/80913
#Hot Stock* Luster gains on PN17 uplift appeal
English
KUALA LUMPUR (Mar 15): Investors chased Luster Industries Bhd shares,  pushing the Practice Note (PN17) stock up as much as 10% in morning trade. Interest in the precision plastic component manufacturer follows an update by the firm that it had  appealed to regulators to lift the firm out of its current status. This fo...
https://theedgemalaysia.com/node/37221
Bursa Securities queries Versatile over unusual market activity
English
KUALA LUMPUR (Nov 30): Bursa Malaysia Securities Bhd has issued an unusual market activity over the trading of Versatile Creative Bhd’s shares recently. The regulator said on Wednesday the query was over the sharp rise in price and high volume in the shares. At 4.22pm, its share price was up 8.5 sen to 38 sen with 49.7...
https://theedgemalaysia.com/node/31238
Malaysian Trustees seeks to wind up Transmile Air
English
KUALA LUMPUR: Malaysian Trustees Bhd has served a winding-up petition on Transmile Group Bhd's subsidiary Transmile Air Services Sdn Bhd after defaulting on the payment of its debt notes. Transmile said on Friday, June 4 the  petition was presented to the High Court, Kuala Lumpur on May 19 and the petition was served a...
https://theedgemalaysia.com/node/12258
Heidrick & Struggles names Tracy Wolstencroft as CEO
English
KUALA LUMPUR (Feb 04): Chicago-based Heidrick & Struggles International, Inc. has named Tracy R. Wolstencroft as the president and chief executive officer. The premier professional services firm — focused on serving the leadership needs of top organisations globally — said in a statement issued here today, that he wou...
https://theedgemalaysia.com/node/17967
Matrade auto parts promotion generates RM33m sales
English
Matrade deputy chief executive officer (promotion) Dr Wong Lai Sum said the programme which began in May had identified 345 prospective buyers of Malaysian automotive products as a result of the 100-odd business meetings it had all over the globe. "The programme has benefited 196 Malaysian companies that took part, and...
https://theedgemalaysia.com/node/13832
RHB Research maintains Market Perform on S P Setia, ups fir value to RM4
English
KUALA LUMPUR (April 24): RHB Research has raised its fair value for S P Setia Bhd to RM 4 and said the company’s recent venture into China made good sense. In a note Tuesday, the research house said (i) The G-to-G tie-up underpinned SP Setia’s venture in the Qinzhou Industrial Park (QIP) development should enhance the ...
https://theedgemalaysia.com/node/4576
#Company Focus* VS Industry expands to meet market demand
English
ELECTRONIC manufacturing services (EMS) provider VS Industry Bhd (VSI) is enjoying a growing market, thanks to international brands increasingly outsourcing to partners in Southeast Asia, although its profit margin has been rather thin. With their focus on marketing and branding, international brands continuously look...
https://theedgemalaysia.com/node/82489
Nextnation acquires 22.75 pct stake in R&A for RM10 mln
English
KUALA LUMPUR (Nov 4): Nextnation Communication Bhd has acquired 200 million shares, or about 22.75 per cent stake, in R&A Telecommunication Group Bhd for RM10 million. In a filing to Bursa Malaysia today, Nextnation said the acquisition was in line with the company's objective to further expand its business activities ...
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TLDR

Note

The "language" column for the data set has errors as it miscategorizes articles in the Mandarin language. This is primarily because I was searching for the string "English version" in the text. This will need to be accounted for if type of language used is important.

Methodology

For The Edge Malaysia, each of their articles seem to have a unique ID at the end of the url e.g., "677590" in "https://theedgemalaysia.com/node/677590". Hence, since we won't be able to do this by month, page no., etc., we'll use a brute force approach that tests every combination of numbers, such that we'll only scrape from a valid url.

Progress

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