AEON Credit’s FY24 earnings higher at RM424mil
PETALING JAYA: AEON Credit Service (M) Bhd will maintain a cautious outlook as geopolitical tensions, inflation and prevailing volatility in…
Category: Corporate News
Sunzen Biotech shuts down animal health division
KUALA LUMPUR: Sunzen Biotech Bhd has announced it is shutting down its loss-making animal health division as part of efforts…
China property developer Shimao faces liquidation order from state-owned bank
CHINESE property developer Shimao Group said on Monday that China Construction Bank (Asia) had filed a liquidation petition against it…
Hospitality sector revival to benefit IOIProp
PETALING JAYA: IOI Properties Group Bhd (IOIProp) is expected to enjoy a sharp turnaround in the hospitality segment on the…
Cautious outlook for Velesto on possible DCR fall
PETALING JAYA: CGS International Research has downgraded Velesto Energy Bhd from an “add” to a “hold” as it foresees a…
ABB plans to expand footprint in M’sia, driving energy transition goal
KUALA LUMPUR: Swedish-Swiss electrification and automation leader ABB Ltd is looking into expanding its footprint in Malaysia through partnerships in…
Microsoft names Laurence Si as managing director of its Malaysian ops
PETALING JAYA: Microsoft has announced the appointment of Laurence Si as the managing director for its operations in Malaysia, effective…
Taiwan quake may push up 2Q memory chip prices
TAIPEI: The powerful earthquake that hit semiconductor powerhouse Taiwan last week may push up chip prices temporarily, according to market…
Succession drama grips commodity trading firms
WASHINGTON: Trafigura Group has fired the starting gun on an era of upheaval at the top of the commodity trading…