Malayan Flour Mills to invest RM100mil in FY24
Malayan Flour Mills Bhd (MFM) is investing a total of RM100mil in the financial year 2024 (FY24), of which RM32mil…
Category: Corporate News
TSMC’s first quarter profit rises 9%, beats forecasts
TAIPEI: Taiwanese chipmaker TSMC posted a 9% rise in first-quarter net profit on Thursday that beat market expectations as it…
Higher OOH beverage consumption a boon for F&N
Fraser & Neave Holdings Bhd (F&N) stands to be the key beneficiary of higher out-of-home (OOH) beverage consumption amid the…
Advanced solid-state batteries a mutual ambition of carmakers
Chinese electric vehicle (EV) makers are rapidly adopting solid-state batteries in their latest models, with industry experts anticipating full use…
IGB-REIT net profit up 11.1% to RM99.61mil in 1Q
IGB Real Estate Investment Trust (IGB-REIT) booked a higher year-on-year (y-o-y) net profit for its first quarter (1Q) ended March…
Australia’s Rinehart takes stake in Lynas Rare Earths
Australia’s richest person, Gina Rinehart, has become a substantial shareholder in Lynas Rare Earths, the largest producer of rare earths…
Thames Water to release new business plan this week
Thames Water Utilities Ltd’s board members are set for last-ditch talks to update their business plan this week after shareholders…
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…
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…