Solarvest continues to gain from energy transition push
Solarvest Holdings Bhd’s prospects are expected to be driven by its continued order book expansion from the Corporate Green Power…
Category: Corporate News
GenM remains cautious of near-term prospects of industry
Genting Malaysia Bhd (GenM), which reported its first annual profit since the Covid-19 pandemic, remains cautious of the near-term prospects…
IOIProp earnings forecast to rise from FY25 onwards
IOI Properties Group Bhd (IOIProp) may see a rebound in its hospitality segment following the completion of the refurbishment of…
UEM Edgenta revenue climbs 14% in FY23
UEM Edgenta Bhd will emphasise optimising costs and monetising investments after recognising the impact of the elevated operating expenses had…
IHH net profit soars to RM2.95bil in FY23
KUALA LUMPUR: IHH Healthcare Bhd’s net profit for the financial year ended Dec 31, 2023 jumped to RM2.95 billion versus…
Chinese chip maker cleared in US criminal case
A Chinese chip maker was cleared of economic espionage and other criminal charges in a setback for a US Justice…
China’s solar firms set to lower growth targets
China’s solar industry is likely to set lower expansion targets in 2024, as financial stresses and grid constraints make it…
KAB proposes to buy Kedah mini hydropower
ALOR SETAR: Kinergy Advancement Bhd (KAB) said its proposed acquisition of a 9.6MW mini-hydropower plant in Kedah marks another move…
Property giants miss analysts’ profit estimates
Property giants City Developments Ltd (CDL) and CapitaLand Investment Ltd reported bigger-than-expected declines in full-year profits, after being battered by…