L’Occitane’s billionaire owner Geiger to take firm private in US$1.8bil deal
Hong Kong-listed L'Occitane International's chairman and controlling shareholder, Reinold Geiger, will take the skin-care firm private, giving it an equity…
Corporate News
Ekuinas acquires 80% stake in pharma ingredients producer Symbiotica
KUALA LUMPUR: Ekuiti Nasional Bhd (Ekuinas) has acquired an 80 per cent stake in Symbiotica Speciality Ingredients Sdn Bhd (Symbiotica),…
TNG Digital introduces Malaysia’s first in-app Visa exchange rate calculator
KUALA LUMPUR: TNG Digital Sdn Bhd has introduced a new foreign exchange rate calculator on TNG eWallet, giving Malaysian travellers…
Carlsberg says price increases gave solid start to 2024
COPENHAGEN: Danish brewer Carlsberg saw price increases in all its main markets during the first quarter, its CEO said on…
Sime Darby Plantation proposes name change to SD Guthrie
PETALING JAYA: Sime Darby Plantation Bhd (SD Plantation), the world’s largest palm oil producer by acreage, has proposed to change…
Strait Energy’s unit completes first delivery of ISCC EU-certified marine biofuel
KUALA LUMPUR: Straits Energy Resources Bhd’s (Straits Energy) subsidiary, Tumpuan Megah Development Sdn Bhd, has completed the first delivery of…
Auditor flags going concern for Magna Prima
KUALA LUMPUR: Magna Prima Bhd’s external auditor, ChengCo PLT has expressed its unqualified opinion with material uncertainty related to going…
Bursa Malaysia registers higher net profit of RM75.03mil in 1Q
KUALA LUMPUR: Bursa Malaysia Bhd is cautiously optimistic of meeting its headline key performance indicators for the year amid positive…
PTT Synergy buys land for RM36mil
KUALA LUMPUR: PTT Synergy Group’s wholly-owned subsidiary, PTT Logistics Hub 1 Sdn Bhd (PTTL H1) has proposed to acquire two…