MyEG in JV to improve Philippines social services
MyEG Services Bhd, via its joint venture company, MYEG Philippines Inc, has entered into a partnership with the Republic of…
Category: Corporate News
KWAP pumps RM100mil into startups, VC funds
Retirement Fund Inc (KWAP) is investing a total of RM100mil in two Malaysian startups and two venture capital (VC) funds…
SKP Resources order book forecast to pick up by FY25
Electrical and electronics plastics contract manufacturer SKP Resources Bhd could see prolonged weakness in order visibility from its main customer…
Norges Bank reduces CMS stake
Norges Bank, the central bank and sovereign wealth fund manager of Norway, has ceased to be a substantial shareholder of…
Chipmaker Renesas to buy software company Altium
Japanese chipmaker Renesas Electronics has announced a US$5.9bil all-cash deal to buy electronics design software firm Altium , its second…
MSC posts lower yearly profit, cautious on outlook
Malaysia Smelting Corp (MSC) Bhd will continue to remain cautious while focusing on operational efficiencies and improvements in its business.
Challenging outlook seen for BAT earnings
The earnings outlook for British American Tobacco (M) Bhd (BAT) remains challenging over the medium term due to its lack…
Uzma accepts PETRONAS Carigali job
Uzma Bhd’s wholly-owned subsidiary, Uzma Engineering Sdn Bhd, has accepted a term contract award from PETRONAS Carigali Sdn Bhd in…
Equinix expects strong adjusted core earnings
Equinix is forecasting adjusted core earnings for fiscal 2024 above market expectations on signs of strong demand for its data-centre…