Call for TM to adjust balance sheet due to cash buildup
PETALING JAYA: Telekom Malaysia Bhd’s (TM) net debt to earnings before interest, tax, depreciation and amortisation (Ebitda) may fall to…
Corporate News
P.A. Resources in RM21mil land purchase
PETALING JAYA: P.A. Resources Bhd is proposing to acquire two parcels of industrial land in Pekan Batang Berjuntai, Selangor, from…
S’pore ABSD tiered clawback rate a win
PETALING JAYA: The introduction of a tiered clawback rate for developers’ additional buyer’s stamp duty (ABSD) in Singapore is positive…
Public servants upskill to become ‘citizen developers’
SINGAPORE: Imagine spending the bulk of your working hours copying and pasting lines from different documents into spreadsheets.
Seven Group has offered to US$1.2bil for full control of Boral
SYDNEY: Australian diversified investor Seven Group Holdings offers A$1.9bil (US$1.24bil) to take full control of building products group maker Boral…
Wall Street’s Moelis bets big on the Middle East
DUBAI: In a low-key second-floor office in the heart of Dubai’s financial centre, bankers working for Moelis and Co are…
Zantat inks underwriting deal with M&A Securities
KUALA LUMPUR: Zantat Holdings Bhd has signed an underwriting agreement with M&A Securities Sdn Bhd for its listing on the…
Mondelez revamps European operations after boycotts over Russia
NEW YORK: Oreo biscuit-maker Mondelez put new management in place at its profitable Russian business last week, according to two…
Zetrix and Web3Labs launch Zetrix Global Accelerator Programme
PETALING JAYA: Zetrix, a leading layer-1 public blockchain platform by MyEG Services Bhd (MyEG) and Web3Labs Hong Kong, a Web3…