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KUALA LUMPUR: Here is a recap of announcements that made headlines in Corporate Malaysia.
Corporate News
Sime Darby Motors enters service-centre market
Sime Darby Motors (SDM) is eyeing expansion of its new multi-franchise one-stop service centre brand, Drivecare, in the South-East Asia…
Vale enters global bond market after one-year hiatus
Vale, the world’s second largest iron-ore producer, tapped international bond markets for the first time in a year amid a…
Double revenue target for Gamuda by FY28
Gamuda Bhd aims to double its revenue to RM30bil by the financial year ending July 31, 2028 (FY28) from FY24,…
BHP uncertain net-zero emissions target will be met
The world’s biggest mining company, BHP Group Ltd, said it may not reach its goal of cutting greenhouse emissions created…
Funding Societies, CGC partner to provide additional financing to SMEs
Funding Societies, the largest unified small and medium enterprises (SME) digital finance platform in Malaysia and South-East Asia, has extended…
Nvidia story to go on for years, says broker
A US$430bil sell-off over the past three trading days in artificial intelligence darling Nvidia Corp is no more than a…
Prolintas Infra shares down on MACC probe
Prolintas Infra Business Trust’s share price hit the lowest since its listing in March, after some directors of its trustee-manager…
Viability test looms for sustainability-linked bonds
Scrutiny of environmental progress at Japanese businesses is rising as assessment dates loom for sustainability-linked bonds that have been issued…