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…
Corporate News
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…
Kitacon wins RM81mil City of Elmina job
Kumpulan Kitacon Bhd has via its wholly-owned subsidiary Kitacon Sdn Bhd accepted a letter of award from Sime Darby Property…
Sapura Energy secures award for Pan Malaysia underwater services from Shell
KUALA LUMPUR: Sapura Energy Bhd's wholly-owned subsidiary Sapura Subsea Services Sdn Bhd has secured a contract for the privision of…
Keyfield forecast to do well after going public
TA Research has valued Main Market-bound Keyfield International Bhd at RM1.42 a share, a 58% premium to its initial public…