Velesto to see good charter rates continuing
Velesto Energy Bhd is forecast to sustain its higher rig utilisation levels and charter rates in financial year 2024 (FY24)…
Corporate News
Genting Malaysia posts RM240mil net profit in 4Q, declares 9 sen dividend
KUALA LUMPUR: Genting Malaysia Bhd remains cautious of the near-term prospects of the leisure and hospitality industry but is positive…
Apple’s EV wind down offers reprieve to rivals
The sudden demise of Apple Inc’s electric vehicle (EV) programme is a bleak sign for the car market. It’s also…
Diversified product offerings to sustain IOIProp earnings
IOI Properties Group Bhd (IOIProp) expects its diversified product offerings spanning across three countries, recurring earnings from established property investment…
CIMB 4Q net profit jumps 29% to RM1.7bil
KUALA LUMPUR: CIMB Group Holdings Bhd remains vigilant about global economic uncertainties, including geopolitical tensions and China's potential slowdown, along…
Lagenda expecting vibrant 2024
Lagenda Properties Bhd expects 2024 to be a vibrant and exciting year for the group, as it plans to launch…
Maybank sees 6% to 7% growth in gross loans
After a strong 9.2% loan growth in 2023, Malayan Banking Bhd (Maybank) foresees its gross loans to expand further by…
S P Setia exceeds FY23 sales target, hits RM5.1bil
KUALA LUMPUR: S P Setia Bhd recorded total sales of RM5.1bil in the financial year ended Dec 31, 2023 (FY23),…
Resorts World Genting closes two of its casinos
Genting Bhd’s Resorts World Genting said that it will shut two its three casinos, effective yesterday.