Better prospects for Gas Malaysia on elevated natural gas prices
UOB Kay Hian (UOBKH) Research is positive on Gas Malaysia Bhd (GMB) despite maintaining its “hold” call on the company…
Corporate News
StanChart weighs break up of investment bank
Standard Chartered Plc is considering restructuring its institutional banking arm, the unit that houses the firm’s investment bankers and traders,…
Perdana Petroleum secures new work order
Perdana Petroleum Bhd has announced it has won a work order award and received an extension for an existing award…
Rakuten Bank shares surge 13% on positive news
Rakuten Bank Ltd shares jumped the most in more than four months after the Japanese online lender raised its annual…
Fashion, management missteps leave Express clinging to solvency
Fashion retailer Express Inc is rapidly running out of cash and time.
Bezos sells US$4bil of Amazon stock in four trading days
Jeff Bezos didn’t wait long to start cashing in on Amazon.com Inc’s rally to start the year.
UEM Sunrise raises RM500mil
UEM Sunrise Bhd has raised RM500mil from its Islamic medium-term notes (IMTN) programme.
Strong OSV market augurs well for Dayang Enterprise
The combined contract value for Dayang Enterprise Holdings Bhd’s recent contact extensions for three accommodation workboats (AWBs) from PETRONAS Carigali…
Dayang unit gets contract extension
Dayang Enterprise Holdings Bhd’s wholly-owned subsidiary, DESB Marine Services Sdn Bhd, has clinched a contract extension for the provision of…