The bulk of the impairment was from the group’s listed assets, amounting to RM780mil, which is under UMW Oil & Gas Corp Bhd (UMW-OG). MSC attributed the better results to higher tin prices and gains from the strengthening US dollar. In the fourth quarter, Star Media Group registered a pre-tax profit of RM47.52mil on a turnover of RM260.35mil. - StarBizKerjaya eyes RM800m order book: Construction company Kerjaya Prospek Group Bhd is poised to achieve its order book target of RM800mil for the year, backed by its track record of timely project delivery and prudent cost management. The directors recommended a first and final single-tier dividend of 2.75 sen per share for FY16, compared with 2.5 sen in FY15.

Source: The Star February 28, 2017 00:31 UTC