Reported in The Edge (31/1/07) Tenaga Nasional Bhd (TNB) is now reviewing its dividend policy to reward shareholders. This is particularly so  with its rising spare cash so as to make this utility stock more appealing, especially to foreign investors. 
According to Chief executive officer Datuk Seri Che Khalib Mohamad Noh:-
·      when the company was […]

REITS in the US and Singapore have continuously increased their earnings by purchasing every year properties that offer income yields higher than the REITS’ own.  
However, it seemed that in Malaysia, there are quite a number of REITs established for the purpose of cashing out purposes.
However, as for Axis–REIT, it has been increasing its […]

Since 2005,MASB had been joining IASB in the process of developing new financial reporting standards in order to ensure the standards were acceptable prior to issuing them in Malaysia.
For this year, The Malaysian Accounting Standards Board (MASB) is reviewing four financial reporting standards issued by the International Accounting Standards Board (IASB) and and plans […]

On Jan 30, Malaysian Institute of Accountants (MIA) has launched the Financial Reporting Standards Implementation Committee (FRSIC).
According to MIA president Abdul Rahim Abdul Hamid,
· FRSIC was set up as there is the absence of a specific organisation that could facilitate the implementation of the standards, particularly on contentious or […]

On Jan 30, Lafarge Malayan Cement Bhd has proposed the following corporate restructuring:
·      proposed for capital repayment on the basis of 20 sen for every 50 sen share held by reducing the share capital of 50 sen each to 30 sen each. (Based on the paid-up of RM1.41 billion as at Jan 26, the maximum amount […]