LSK proposes one-for-two bonus issue
Lee Swee Kiat Group Bhd (LSK) has proposed a bonus issue of 83.9 million new ordinary shares on the basis…
Category: Corporate News
Geely-backed phone maker taps banks for IPO valued at US$2bil
DreamSmart Group, the smartphone maker that last year pivoted toward developing artificial intelligence (AI) for mobile devices, has selected banks…
Shell CEO Wael Sawan’s total pay was US$10mil in 2023
BRITISH oil major Shell's CEO Wael Sawan's total pay package in 2023 was 7.9 million pounds ($10.11 million), including an…
SC raids premises of listed firms
The Securities Commission (SC) is believed to have raided premises of listed companies for suspected abuse of fund-raising activities.
Cosmetics group Natura’s shares rise at higher margin
Shares in Brazilian cosmetics maker Natura and Co rose more than 6% as positive margin trends and the announcement of…
UCrest’s iMedic app to be deployed in Mediprima clinics
KUALA LUMPUR: UCrest Bhd has entered into a partnership with Mediprima Healthcare (M) Sdn Bhd to digitalise clinics and integrate…
Intel survives bid to halt millions in chip sales to China’s Huawei
Intel has survived an effort to halt hundreds of millions of dollars’ worth of chip sales to Huawei, two people…
Singtel shares fall more than 1% after Optus stake sale reports
SYDNEY/SINGAPORE: Singapore Telecommunications (Singtel) shares fell more than 1% on Thursday in early trade after reports it was in advanced…
Reservoir Link wins PETRONAS Carigali project
Reservoir Link Energy Bhd’s wholly-owned subsidiary, Reservoir Link Sdn Bhd, has secured a contract from PETRONAS Carigali Sdn Bhd for…