MAG growth strategy on track
Malaysia Aviation Group Bhd (MAG), the parent company of national carrier Malaysia Airlines Bhd, is likely to take delivery of…
Category: Corporate News
Buffett’s PacifiCorp faces US$30bil claim demand
Berkshire Hathaway Inc’s PacifiCorp is facing a demand for US$30bil from victims of Oregon’s 2020 Labour Day wildfires, an escalation…
CIMB Niaga 1Q consolidated net profit increases
CIMB Group Holdings Bhd’s Indonesian banking arm began the financial year 2024 with a drop in net interest income, as…
Supreme Court spurns Musk’s Twitter appeal in SEC victory
The US Supreme Court rejected an appeal from Elon Musk in his “Twitter sitter” case, leaving intact his agreement with…
Tasco posts weak earnings due to international freight forwarding ops
Tasco Bhd has reported its weakest annual net profit in three years, dragged down by the poor performance of its…
Scotiabank hires Machen to run global banking
Travis Machen is joining Bank of Nova Scotia from Morgan Stanley to lead its global banking and markets business.
Axiata’s Indonesia unit’s profit exceeds expectations
Axiata Group Bhd’s Indonesian unit PT XL Axiata Tbk has beat earnings expectations in the first quarter of 2024, says…
Duopharma gets RM578mil supply contract
Duopharma Biotech Bhd has accepted 11 letters of offers from Pharmaniaga Logistics Sdn Bhd for the supply of pharmaceutical and/…
Capital A positive about higher returns this year
Capital A Bhd is confident of delivering improved returns and profitability to shareholders in 2024.