Adidas jumps 5% after second outlook hike, strong Q2
ADIDAS shares jumped as much as 5% on Wednesday, hitting their highest in over two years, after the German sportswear…
Category: Corporate News
Hong Seng Consolidated acquires Hong Seng Frontier for RM45mil
PETALING JAYA: HS Green Valley Sdn Bhd (HSGV), a wholly-owned subsidiary of Hong Seng Consolidated Bhd, has entered into an…
Berjaya Rail joins Malaysia Rail Industry Corp as new member
KUALA LUMPUR: Berjaya Rail Sdn Bhd (Berjaya Rail), which is eyeing the Kuala Lumpur-Singapore high-speed rail (KL-SG HSR) project, has…
BIG Industries announces cessation of concrete division
PETALING JAYA: BIG Industries Bhd has announced the cessation of business of its concrete division to minimise the group’s losses.
Zhulian expects inflationary pressures to impact consumer spending
PETALING JAYA: Zhulian Corp Bhd expects its current financial year to remain challenging, amid inflationary pressures on consumers’ ability and…
Microsoft ditches OpenAI observer seat
Microsoft has given up its board observer seat at OpenAI in a move aimed at easing US and UK antitrust…
Shin Yang buys firms for RM145mil
Shin Yang Group Bhd has entered into two conditional share sale agreements for the acquisition of four companies for RM144.5mil.
Saudi Aramco sells US$6bil of bonds amid fierce demand
Saudi Aramco pulled in more than US$31bil of orders for its US$6bil bond sale, its first dollar-debt offering in three…
CBH Engineering to use listing funds to buy equipment
ACE Market-bound CBH Engineering Holding Bhd will be utilising its listing proceeds for the procurement of equipment and components for…