Amundi to get 26% stake in Victory in exchange for US business
PARIS: Amundi, Europe's largest asset manager, said on Tuesday it had agreed to sell its U.S. business to Victory Capital…
Category: Corporate News
Abdul Rahman Ahmad appointed president, chief executive of PNB
KUALA LUMPUR: Datuk Abdul Rahman Ahmad has been appointed the new president and group chief executive of Permodalan Nasional Bhd…
Automotive, medical segments to spur Pentamaster performance
Pentamaster Corp Bhd’s 2024 earnings growth will be underpinned by the automotive and medical segments.
Solarvest offers private placement
Solarvest Holdings Bhd plans to raise about RM57mil by placing out up to 6% of its shares to fund its…
Atos seeks at least US$1bil in new funding
The embattled French IT company Atos SE is seeking more than €1bil (US$1.09bil) in new funds and wants to cut…
New substantial shareholder emerges in PN17 Bertam Alliance
A new major shareholder has emerged in construction outfit Bertam Alliance Bhd, raising speculation of whether it will be the…
CFO of Canada’s largest bank exits at crucial time
The sudden exit of Royal Bank of Canada’s chief financial officer (CFO) comes at a “critical juncture” for the lender…
Boeing’s cash woes persist amid sluggish handovers
Boeing Co likely didn’t deliver any 777 freighters during the first quarter, adding to its cash woes at a time…
Westports poised to benefit from trade recovery
As Malaysia’s largest marine port operator, Westports Holdings Bhd is positioned front and centre to benefit from a pick-up in…