7-Eleven’s 4Q net profit surges to RM221mil
KUALA LUMPUR: 7-Eleven Malaysia Holdings Bhd’s (SEM) focus for the convenience stores segment continues to be on the expansion of…
Category: Corporate News
Firing of a utility boss spotlights shorter tenures for women CEOs
The firing of American Electric Power Co’s (AEP) chief executive officer (CEO) after less than 14 months highlights a demographic…
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)…
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…