UEM Sunrise completesRM500mil Islamic MTN issuances
KUALA LUMPUR: UEM Sunrise Bhd has successfully completed the issuance of RM500 million in nominal value Islamic medium-term notes (IMTN).
Corporate News
Michelin posts record annual profit
Tyre maker Michelin reported record results, citing the delayed positive impact of its 2022 price adjustments, but remained cautious for…
Hershey and Cadbury chocolate makers eye price hikes to cover cocoa crunch
NEW YORK: The makers of Hershey and Cadbury chocolates are planning more price hikes to cover a fresh record-setting surge…
Diamondback sets US$26bil deal for shale oil rival Endeavor Energy
US oil producer Diamondback Energy says it will buy privately held rival Endeavor Energy Partners in US$26bil cash-and-stock deal that…
KPJ unit to renovate, sub-tenant Damansara Specialist Hospital 2 suite
KUALA LUMPUR: KPJ Healthcare Bhd's wholly-owned unit Rawang Specialist Hospital Sdn Bhd has proposed to sub-tenant the royal suite of…
Ekovest bags extension from EPF to implement Duke Highway exit plan
KUALA LUMPUR: Ekovest Bhd has secured an extension from the Employees Provident Fund (EPF) to facilitate and implement its "exit plan”…
Awantec inks RM294.27mil deal to be Redtone’s tech partner
KUALA LUMPUR: AnwanBiru Technology Bhd via its wholly-owned subsidiary Awantec Systems SDn Bhd has entered into a service agreement with…
Companies to keep costs in check
PETALING JAYA: Construction companies will continue to maintain prudent cost controls to improve their financial position as they navigate the…
Larger-scale automation jobs expected to spur Genetec Technology
PETALING JAYA: CGS-CIMB Research remains positive on Genetec Technology Bhd on the back of strong order book outlook for electric…