Vietnam mounts huge US$24bil rescue for bank engulfed in fraud
Vietnam has mounted an “unprecedented” rescue of Saigon Joint Stock Commercial Bank (SCB), a lender engulfed in the nation’s biggest…
Corporate News
Heitech to raise RM22.98mil via placement
Heitech Padu Bhd is proposing a private placement of 10.12 million new ordinary shares to raise gross proceeds of RM22.98mil…
Chevron launches fund for low carbon technologies
Chevron’s venture capital arm launched on its third fund to invest in renewable energy technologies with a US$500mil commitment, as…
Maxis enhances network with RM813mil investment
Maxis Bhd has invested RM813mil in financial year 2023 (FY23) to enhance its mobile network capacity, grow its fibre-to-the-premise footprint…
TSMC capex outlook key to next phase of US$330bil stock rally
With Taiwan Semiconductor Manufacturing Co (TSMC) still trading at pedestrian valuations even after surging to a record high, there is…
Keyfield FY23 earnings rise to RM105.5mil
Keyfield International Bhd, en route to a listing on Bursa Malaysia next week, more than doubled its net profit to…
General Mills faces criticism over plastic packaging
General Mills Inc is facing growing criticism from a shareholder after failing to respond to calls for the company to…
Morgan Stanley plans biggest round of China job cuts in years
Morgan Stanley plans to start cutting about 50 investment-banking jobs in the Asia-Pacific region this week, with at least 80%…
Farhash ceases to be HeiTech Padu’s substantial shareholder
PETALING JAYA: Datuk Farhash Wafa Salvador has ceased to be a substantial shareholder of HeiTech Padu Bhd.