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2018-10-05 15:00 | Report Abuse
TOKYO: Toyota Motor Corp on Friday said it was recalling a total of 2.43 million gasoline hybrid vehicles at home and abroad over a hybrid system issue which can lead to stalling.
The recall, which includes Prius and Auris models, covers vehicles produced between October 2008 and November 2014.
It affects about 1.25 million vehicles sold in Japan, 830,000 vehicles in North America, and 290,000 vehicles sold in Europe. Vehicles sold in China, Africa, Oceania and other regions are also affected.
In a statement, Toyota said that in "rare situations", some vehicles could fail to switch to a "failsafe" driving mode in the event of a fault with the hybrid system, which can lead to a loss of power and result in stalling.
The automaker said that it was not aware of any crashes due to the issue in Japan. - Reuters
2018-09-20 07:51 | Report Abuse
Strategy for emerging countries
- Place the top priority on the ASEAN region, including Indonesia and Malaysia where Daihatsu has long cultivated the market, in carrying out its efforts.
2018-09-20 07:47 | Report Abuse
In the brand business, Daihatsu and Hino Motors, Ltd. have principally sold light vehicles and affordable compact
vehicles, and loading-type trucks and commercial vehicles, respectively, under their own brand while also supporting
Toyota’s operations through activities such as the supply of vehicles to Toyota.
2018-09-20 07:46 | Report Abuse
source: https://www.daihatsu.com/news/2016/20160129-6.pdf
Toyota Motor Corporation (“Toyota”) and Daihatsu Motor Co., Ltd. (“Daihatsu”) announced today that Toyota and Daihatsu signed a share exchange agreement (the “Share Exchange Agreement”) to conduct a share exchange (the “Share Exchange”) in which Daihatsu will become a wholly-owned subsidiary of Toyota and Toyota will become the parent company owning all of the shares of Daihatsu as described below, after both companies adopted resolutions approving the
Share Exchange at their respective meetings of the board of directors held today. The Share Exchange is subject to the approval of the Share Exchange Agreement by shareholders of Daihatsu at its annual general meeting of shareholders scheduled to be held in late June 2016, after which the Share Exchange is expected to become effective on August 1, 2016.
2018-09-18 16:47 | Report Abuse
Tm, celcom and sacofa need to sit down and talk on how to extend the coverage for rural area at sarawak. Everything only best effort speed.
2018-09-18 16:46 | Report Abuse
Good at least a time frame. The telecommunication industry on the increase bandwidth no time frame. I think better ask telekom, celcom, sacofa to sit down and talk on how to increase the speed and extend the coverage to rural sarawak.
2018-09-15 11:17 | Report Abuse
UMW is down. maybe revised offer for mbmr
2018-09-15 11:06 | Report Abuse
the questions is if there remain as the private company than how to sell the share
2018-09-11 06:44 | Report Abuse
Look like proton will fight with perodua. Let see who is the winner
2018-09-05 11:01 | Report Abuse
Maintain SELL, TP: RM0.67. Maintain SELL rating with unchanged SOP-driven TP of RM0.67. Despite the healthy orderbook level, the persistent weakness of property market and rising rate environment are major headwinds for its de-gearing initiatives. Moreover, ongoing infrastructure project reviews and cancellations further worsen the company construction segment prospect.
2018-09-02 10:25 | Report Abuse
yeap correct. change the telekom management. all bastard. we ask a business want to subscribe to tm service also like have to rely on them....
2018-08-31 21:43 | Report Abuse
Look like umw is preparing something
2018-08-31 21:41 | Report Abuse
Still got debt need to be settle. So worry of fund raising
2018-08-29 15:58 | Report Abuse
MAYBE GENTING OIL AND GAS ALSO WILLD ROP
2018-08-29 04:45 | Report Abuse
Biogas plant cost built at inflated cost.
2018-08-29 04:45 | Report Abuse
Genting result will drage due to plantation for this year and next year
2018-08-28 21:00 | Report Abuse
For the current quarter, the Group's revenue improved by RM89.4 million or 22.1% to RM493.3 million against the
corresponding quarter. PBT increased by RM23.4 million or 118.0% to close at RM43.2 million due to improved sales from all
Divisions as well as higher profits from both the associates and joint venture entity.
The Group's share of results in it's joint venture improved by RM3.1 million or 236.9% to close at RM4.4 million due to higher
sales and foreign currency gains.
The Group's share of associates' results increased by RM16.0 million or 69.0% against the corresponding quarter to close at
RM39.2 million.
2018-08-28 21:00 | Report Abuse
The Group's revenue increased by 22.1% mainly due to the GST holiday which boosted higher car sales
• Contribution from our joint venture and associates also improved
• As a result, profit before tax for the quarter was higher by 118.0% to RM43.2 million
• The Board declared an interim dividend of 3.0 sen per share
2018-08-28 19:22 | Report Abuse
Share price going to be down. The deal is off
2018-08-28 12:21 | Report Abuse
wait for it to go down to rm2.00 than we buy
2018-08-27 16:43 | Report Abuse
you see the share price. some one is pressing down the price
2018-08-24 21:35 | Report Abuse
UMW also extended its offer to PNB Equity Resource Corporation Sdn Bhd for its 10% stake in Perodua for RM417.5 million or RM29.80 per share. If successful, that would have led to UMW owning a 70.6% stake in Perodua.
2018-08-24 21:35 | Report Abuse
UMW also extended its offer to PNB Equity Resource Corporation Sdn Bhd for its 10% stake in Perodua for RM417.5 million or RM29.80 per share. If successful, that would have led to UMW owning a 70.6% stake in Perodua.
2018-08-24 21:18 | Report Abuse
I heard bad new. So sell while you can
2018-08-23 14:20 | Report Abuse
The latest Maxis offering is name as "Fibre Nation" where the service call MaxisOne Home Fibre. If your area do have the service than you better subscribe and later sue Maxis. The word Fibre use by Maxis is confusing general public.
2018-08-19 10:46 | Report Abuse
Ltat still depand on pharma for dividend. So worse come to worse is the business but pharma still will be the primary one.
2018-08-18 09:50 | Report Abuse
ong-serving CEO may leave following the appointment of new chairman
ARMED Forces Fund Board (LTAT) is expected to face a shake-up that includes the departure of its long-serving chief executive officer Tan Sri Lodin Wok Kamaruddin, according to people familiar with the matter.
It is said that the changes in the LTAT follows the appointment of its new chairman, Tan Sri Mohd Zahidi Zainuddin, this month.
Sources say there are a few candidates earmarked to take over from Lodin as the CEO of LTAT.
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LTAT, a government-linked investment company (GLIC), manages about RM10bil funds.
The other GLICs are Khazanah Nasional Bhd, Employees Provident Fund (EPF), Permodalan Nasional Bhd (PNB), Retirement Fund Inc (KWAP) and Lembaga Tabung Haji (LTH).
Recently, Khazanah saw the departure of its long-serving managing director Tan Sri Azman Mokhtar, who has since been replaced by Datuk Shahril Mohd Ridza of the EPF.
Last month, all nine members of the Khazanah board tendered their resignation letters, paving the way for the government to replace a new team at the helm, headed by Prime Minister Tun Dr Mahathir Mohamad.
Meanwhile, Tunku Alizakri Alias has been named the new CEO of EPF, the country’s biggest retirement savings fund with over RM800bil worth of assets.
Lodin has helmed the top post in LTAT since 1982. He is known to spearhead the fund’s activities to undertake various programmes for the Armed Forces such as affordable housing and the setting up of outlets selling basic groceries just for the staff members.
However, in recent years, he is better known as the former chairman of the controversial 1Malaysia Development Bhd (1MDB), which is currently under investigation for alleged misappropriation of funds amounting to billions of ringgit. He relinquished his position in 2016.
LTAT has in 2016 filed a suit against PKR vice-president Rafizi Ramli, who had allegedly implied the board had no money to pay gratuity to ex-servicemen. But LTAT withdrew the suit in less than two weeks after May’s general election.
With an asset under management of around RM10bil, LTAT is considered the smallest among the GLICs.
Despite the size, the fund owns controlling stakes in several listed companies – Boustead Holdings Bhd
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, Affin Bank, Boustead Plantations Bhd
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, Boustead Heavy Industries Corp
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Bhd (BHIC) and Pharmaniaga Bhd
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.
It is worth noting that Lodin, 69, is also the managing director and deputy chairman of Boustead Holdings Bhd, which is controlled by LTAT via its 60% stake.
Lodin is also the chairman of BHIC and Pharmaniaga Bhd, as well as vice-chairman of Boustead Plantations.
LTAT owns more than 45% stake, directly and indirectly, in BHIC, Boustead Plantations and Pharmaniaga.
As such, the changes in the management of LTAT would impact the management of its four investee companies.
In the past three years, LTAT announced an average dividend and bonus of 12.5%. This is higher compared to the average yearly dividend and bonuses of 11.3% paid out since its establishment some 45 years ago.
LTAT was established in 1972 to provide retirement and other benefits to the members of the Armed Forces via a compulsory savings scheme.
Members of the Armed Forces, numbering around 200,000, contribute 10% of their salary, with the government contributing 15%.
Lodin has been at the helm of LTAT for more than 36 years. Hence, it would be an interesting development to inject new blood into the fund.
Many may not know Nik Amlizan of KWAP and Suzana of Socso, but they are no strangers in the investment communities.
Nik Amlizan has been the CIO of KWAP, which has RM125bil of assets under management, since September 2014.
It was said that she was groomed to be the next chief executive officer of KWAP.
Nik Amlizan has over 20 years of experience in the fund management industry. Prior to joining KWAP, she was the head of equity for RHB Asset Management Sdn Bhd.
She is currently sitting on the board of Prestariang Bhd
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, Prima Ekuiti (UK) Ltd and i-VCap Management Sdn Bhd.
She is a member of the Malaysian Institute of Integrity since 2015. She obtained her bachelor’s degree in economics from Claremont McKenna College, the United States.
Meanwhile, Suzana is currently the CIO of Socso, a po
2018-08-14 17:53 | Report Abuse
Us stock market is big shit already. So will spread to Asia also.
Stock: [MBMR]: MBM RESOURCES BHD
2018-10-08 11:09 | Report Abuse
any research