Buffett’s Oregon fire costs grow as he sours on utility sector
Berkshire Hathaway Inc’s PacifiCorp was hit with another US$29.3mil in damages for Oregon’s 2020 Labour Day fires, the latest blow…
Category: Corporate News
Prolintas to raise RM445mil from trust listing
Prolintas Infra Business Trust (Prolintas Infra BT), the country’s first listing of a business trust, hopes to attract investor interest…
Toyota ups its bet on hybrids in Brazil with US$2.2bil plan
Toyota Motor Corp is increasing its bet on flex fuel-hybrid vehicles with an investment of 11 billion reais in its…
MUIB to dispose of 65.9% stake in PMHB for RM36.7mil
KUALA LUMPUR: Malayan United Industries Bhd (MUIB) has proposed to dispose of 65.9% stake in Pan Malaysia Holdings Bhd (PMHB)…
Dialog’s downstream business to enhance earnings
Dialog Group Bhd can expect sequential margin expansion in the coming quarters for its downstream business, which will contribute positively…
Australian fund buys airport site for logistics hub
Australian pension fund UniSuper says it has bought an undeveloped site next to Sydney’s planned new international airport to develop…
KESM Industries prepares for rising chip demand amid market shift
KUALA LUMPUR: KESM Industries Bhd is well-equipped to meet its customers' evolving needs for more advanced chips, with the majority…
Perdana Petroleum secures RM68mil PCSB contracts
Perdana Petroleum Bhd (PPB) through its wholly-owned subsidiary, Perdana Nautika Sdn Bhd (PNSB), has secured five job wins from PETRONAS…
Target joins crowds of retailers seeking expansion
Opening new stores is back in style – at some US retail chains. Executives at several major retailers in recent…