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KLCC Properties
KLCC Property Holdings Berhad (KLCCP; ) is a Malaysian property investment company which owns and manages office, retail and hotel properties in Kuala Lumpur, mainly in the Kuala Lumpur City Centre (KLCC) area. Among the properties owned or managed by the company and its stapled real estate investment trust are the Petronas Twin Towers (the tallest buildings in the world from 1998 to 2004), Suria KLCC, the Mandarin Oriental Kuala Lumpur and Menara Maxis. The company, along with KLCC Real Estate Investment Trust (KLCC REIT) – which it manages – form the KLCCP Stapled Group. KLCCP shares are stapled with KLCC REIT units; the stapled securities are listed on Main Market of Bursa Malaysia Securities Berhad. The group is 75%-owned by Petronas through direct and indirect interests. KLCCP was incorporated in 2004 as a vehicle to offer a portion of Petronas's property holdings to the public. In 2013, the company undertook a corporate restructuring, which involved the transfer of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Limited Company
A public limited company (legally abbreviated to PLC or plc) is a type of public company under United Kingdom company law, some Commonwealth of Nations, Commonwealth jurisdictions, and the Republic of Ireland. It is a limited liability company whose shares may be freely sold and traded to the public (although a PLC may also be privately held, often by another PLC), with a minimum share capital of £50,000 and usually with the letters PLC after its name. Similar companies in the United States are called Public company, ''publicly traded companies''. Public limited companies will also have a separate legal identity. A PLC can be either an unlisted or listed company on the stock exchanges. In the United Kingdom, a public limited company usually must include the words "public limited company" or the abbreviation "PLC" or "plc" at the end and as part of the legal company name. Welsh companies may instead choose to end their names with , an abbreviation for '. However, some public l ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bursa Malaysia
Bursa Malaysia is the stock exchange of Malaysia. It is one of the largest bourses in ASEAN. It is based in Kuala Lumpur and was previously known as the Kuala Lumpur Stock Exchange (KLSE). It provides a full integration of transactions, offering a wide range of currency exchange and related services including trading, settlement, clearing and savings services. Along with the Securities Commission of Malaysia, the stock exchange regulates the capital market in Malaysia and through its facilities, upholds the duty to manage and maintain order in the trading of stocks, bonds and derivatives. History Bursa Malaysia was established in 1930 when the Singapore Stockbrokers Association became an official organization of securities in Malaya. In 1937, it was re-registered as the Stockbrokers' Association of Malaya, but it still did not trade public shares. In 1960, the Malayan Stock Exchange was formed and public trading started on May 9 that year. In 1961, a board system was int ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Islamic Banking And Finance
Islamic banking, Islamic finance ( ar, مصرفية إسلامية), or Sharia-compliant finance is banking or financing activity that complies with Sharia (Islamic law) and its practical application through the development of Islamic economics. Some of the modes of Islamic banking/finance include ''Mudarabah'' (profit-sharing and loss-bearing), ''Wadiah'' (safekeeping), ''Musharaka'' (joint venture), ''Murabahah'' (cost-plus), and ''Ijara'' ( leasing). Sharia prohibits ''riba'', or usury, defined as interest paid on all loans of money (although some Muslims dispute whether there is a consensus that interest is equivalent to ''riba''). Investment in businesses that provide goods or services considered contrary to Islamic principles (e.g. pork or alcohol) is also ''haram'' ("sinful and prohibited"). These prohibitions have been applied historically in varying degrees in Muslim countries/communities to prevent un-Islamic practices. In the late 20th century, as part of the revi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Reuters
Reuters ( ) is a news agency owned by Thomson Reuters Corporation. It employs around 2,500 journalists and 600 photojournalists in about 200 locations worldwide. Reuters is one of the largest news agencies in the world. The agency was established in London in 1851 by the German-born Paul Reuter. It was acquired by the Thomson Corporation of Canada in 2008 and now makes up the media division of Thomson Reuters. History 19th century Paul Reuter worked at a book-publishing firm in Berlin and was involved in distributing radical pamphlets at the beginning of the Revolutions in 1848. These publications brought much attention to Reuter, who in 1850 developed a prototype news service in Aachen using homing pigeons and electric telegraphy from 1851 on, in order to transmit messages between Brussels and Aachen, in what today is Aachen's Reuters House. Reuter moved to London in 1851 and established a news wire agency at the London Royal Exchange. Headquartered in London, Reuter' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Malaysian Insider
''The Malaysian Insider'' (also known as ''TMI'', ''The Insider'', or ''Malay Ins Ins'') was a Malaysian bilingual news site. During its peak, it ranked consistently as one of the country's 100 most popular websites. In June 2009, Alexa ranked it as Malaysia's 57th most popular website. Compete.com estimated that it had almost 19,000 unique visitors in April 2009. On 25 February 2016, ''The Malaysian Insider'' was blocked by the country's Internet regulatory body, Malaysian Communications and Multimedia Commission (MCMC) on the grounds of national security, following continuous publication of defamatory content—an action widely perceived by pro-opposition groups as interference with free speech. After the blocking, the site's owner decided to shut it down at midnight on 15 March 2016, citing financial losses incurred by its parent company The Edge Media Group amounting to RM 10 million in the 20 months since ''The Malaysian Insider''s acquisition. History ''The Malaysia ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Common Stock
Common stock is a form of corporate equity ownership, a type of security. The terms voting share and ordinary share are also used frequently outside of the United States. They are known as equity shares or ordinary shares in the UK and other Commonwealth realms. This type of share gives the stockholder the right to share in the profits of the company, and to vote on matters of corporate policy and the composition of the members of the board of directors. The owners of common stock do not own any particular assets of the company, which belong to all the shareholders in common. A corporation may issue both ordinary and preference shares, in which case the preference shareholders have priority to receive dividends. In the event of liquidation, ordinary shareholders receive any remaining funds after bondholders, creditors (including employees), and preference shareholders are paid. When the liquidation happens through bankruptcy, the ordinary shareholders typically receive nothing. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bernama
The Malaysian National News Agency ( ms, Pertubuhan Berita Nasional Malaysia), is a news agency of the government of Malaysia. It is an autonomous body under the Ministry of Communications and Multimedia. Bernama (usually stylized in all caps) is an abbreviation of Berita Nasional Malaysia (''Malaysia National News''); it also means ''named'' or ''titled'' in the Malay language. It was created by an Act of Parliament in 1967 and began operating on 20 May 1968. Overview BERNAMA operates from its headquarters at ''Wisma Bernama'', off Jalan Tun Razak near National Library, Kuala Lumpur. It has its branches in every state in Malaysia. It also has correspondents in Jakarta, Singapore and Bangkok and also its stringers in Washington, D.C., New York City, Australia and London. Most of the news media in Malaysia and Singapore and international news agencies subscribe to BERNAMA. Bernama began reporting using the audio-visual medium with the opening of its audio-visual division in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
ExxonMobil Tower
ExxonMobil Tower (Malay: ''Menara ExxonMobil'') formerly known as Menara Esso is a skyscraper located in the Kuala Lumpur City Centre of Kuala Lumpur, Malaysia. The building currently is the headquarters of ExxonMobil Malaysia. It is the first building to complete in the Kuala Lumpur City Centre development before KLCC Park, Suria KLCC, Maxis Tower and Petronas Twin Towers. The , 30-storey tower is a rectangular shaped building, with a virtually column free interior. For aesthetics, the north and south elevations are set-back at level 5, while the north elevation facing the public park is further set-back at levels 22 and 26. The soft landscaping at Menara ExxonMobil also includes a semi-private garden which leads into the 20-hectare KLCC Park The KLCC Park (Malay: ''Taman KLCC'') is an urban park in Kuala Lumpur City Centre, Kuala Lumpur, Malaysia. The park has been designed to provide greenery to Petronas Twin Towers and the areas surrounding it. Design The park was desi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Petronas Tower 3
Petronas Tower 3, also known as Carigali Tower, is a 60-story, 267-meter-tall skyscraper in KLCC, Kuala Lumpur, Malaysia. It is Malaysia's eighth tallest building and it is also part of the Petronas Towers complex. The 246-meter high building also features a 21-meter high crown-like structure on the top of the tower, making it 267-meter high. The building features a 6-level extension to the Suria KLCC shopping mall, while the rest of the floors above are solely made up of office spaces. It is the headquarters of Petronas Carigali, the E&P subsidiary of Petronas and some of the local subsidiaries of Multinational Corporations such as Microsoft Malaysia. Along with the Kuala Lumpur Convention Centre and the Binjai On The Park condominiums, the development of Lot C falls under Phase 2 of the KLCC project. Its development cost is reported at RM1 billion. The Marini’s on 57 is located on the 57th floor of the building. It has a dedicated private lift that takes visitors direct ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Times
The ''Financial Times'' (''FT'') is a British daily newspaper printed in broadsheet and published digitally that focuses on business and economic current affairs. Based in London, England, the paper is owned by a Japanese holding company, Nikkei, with core editorial offices across Britain, the United States and continental Europe. In July 2015, Pearson sold the publication to Nikkei for £844 million (US$1.32 billion) after owning it since 1957. In 2019, it reported one million paying subscriptions, three-quarters of which were digital subscriptions. The newspaper has a prominent focus on financial journalism and economic analysis over generalist reporting, drawing both criticism and acclaim. The daily sponsors an annual book award and publishes a " Person of the Year" feature. The paper was founded in January 1888 as the ''London Financial Guide'' before rebranding a month later as the ''Financial Times''. It was first circulated around metropolitan London by James Sherid ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Initial Public Offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges. Through this process, colloquially known as ''floating'', or ''going public'', a privately held company is transformed into a public company. Initial public offerings can be used to raise new equity capital for companies, to monetize the investments of private shareholders such as company founders or private equity investors, and to enable easy trading of existing holdings or future capital raising by becoming publicly traded. After the IPO, shares are traded freely in the open market at what is known as the free float. Stock exchanges stipulate a minimum free float both in absolute terms (the total value as determined by the share price multiplied by the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Petronas Panorama II
Petroliam Nasional Berhad (National Petroleum Limited), commonly known as Petronas, is a Malaysian oil and gas company. Established in 1974 and wholly owned by the Government of Malaysia, the corporation is vested with all oil and gas resources in Malaysia and is entrusted with the responsibility of developing and adding value to these resources. In the 2017 Forbes Global 2000, Petronas Gas was ranked at 1881st. Petronas also ranked 48th globally in the 2020 Bentley Infrastructure 500. Since its incorporation, Petronas has grown to be an integrated international oil and gas company with business interests in 35 countries. As of the end of March 2005, the Group comprised 103 wholly owned subsidiaries, 19 partly owned outfits and 57 associated companies. The Financial Times has identified Petronas as one of the " new seven sisters": [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
