Scientex a refuge for defensive investors
Scientex Bhd will prevail as a defensive refuge for investors to weather potential cyclical downturns despite global market uncertainty, says…
Corporate News
Tesla to accelerate launch of cheaper cars after sales miss
Tesla Inc is accelerating the launch of more affordable models in a bid to arrest a deterioration in its profit…
Al-’Aqar REIT aims to acquire yield-accretive properties from KPJ Healthcare
KUALA LUMPUR: Al-’Aqar Healthcare Real Estate Investment Trust (Al-’Aqar REIT) is actively targeting to acquire yield-accretive properties from KPJ Healthcare…
RHB Bank is planning to maintain its 4.5% loan growth target
RHB Bank Bhd is likely to be operating with modest loan prospects in the financial year 2024 (FY24), with stable…
Chilean retailer Falabella aims to close several major asset sales
Falabella SA, Chile’s second-largest retail group by sales, expects to close several more “major” asset sales this year as part…
Pantech seeks Main Market listing for subsidiaries via SPV
KUALA LUMPUR: Pantech Group Holdings Bhd is considering listing Pantech Stainless & Alloy Industries Sdn Bhd and Pantech Steel Industries…
Meta Bright signs RM25mil leasing contract
Meta Bright Group Bhd (MBGB), via its wholly-owned Australian subsidiary Meta Bright Australia Pty Ltd, has secured a equipment leasing…
Axis-REIT to sell Johor asset for RM162mil
Axis Real Estate Investment Trust (Axis-REIT) is proposing to dispose of the Axis Steel Centre@SiLC in Nusajaya, Johor, to a…
I-Bhd announces RM100mil investment pledge from major shareholder
KUALA LUMPUR: Property group I-Bhd has announced a RM100 million investment pledge in redeemable preference shares from its major shareholder and chairman…