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Category: Corporate News

Corporate News

Beshom to focus on reining in costs

June 27, 2024

Beshom Holdings Bhd is expected to face challenges ahead as the fuel subsidy rationalisation may exert downward pressure on consumer…

Corporate News

Kim Loong targets 5% FFB production increase, plans 1,000 hectares replanting

June 27, 2024

KUALA LUMPUR: Kim Loong Resources Bhd aims to achieve at least 5% higher fresh fruit bunches (FFB) production for the…

Corporate News

Circle K earnings miss estimates as fuel demand dips

June 27, 2024

Alimentation Couche-Tard Inc, Canada’s most valuable retailer and the operator of the Circle K and Couche-Tard chains, reported lower-than-expected earnings…

Corporate News

ACE Market-bound EPB Group aims to raise RM40.08mil from IPO

June 27, 2024

KUALA LUMPUR: EPB Group Bhd aims to raise RM40.08 million from its initial public offering (IPO) en route to its…

Corporate News

Ramssol to expand with new acquisition

June 27, 2024

Ramssol Group Bhd is poised to expand its presence in South-East Asia via its wholly owned subsidiary’s proposed 51% acquisition…

Corporate News

Asia M&A fees drop to 11-year low amid slow-cooked deals, data shows

June 27, 2024

HONG KONG: Financial advisory fees from mergers and acquisitions in Asia dropped to the lowest levels in 11 years in the…

Corporate News

IOIProp to further elevate group’s net gearing level

June 27, 2024

IOI Properties Group Bhd’s (IOIProp) proposed acquisition of Singapore-based Shenton 101 Pte Ltd is expected to pave the way for…

Corporate News

Trading ideas: IJM, Samaiden, CN Asia, Kuchai, Sapura Energy, Amanah REIT, Hextar Industries, IHH, Poh Huat, LB Aluminium, Northern Solar, Well Chip

June 27, 2024

KUALA LUMPUR: Here is a recap of announcements that made headlines in Corporate Malaysia.

Corporate News

Sime Darby Motors enters service-centre market

June 27, 2024

Sime Darby Motors (SDM) is eyeing expansion of its new multi-franchise one-stop service centre brand, Drivecare, in the South-East Asia…

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Crypto World

1
Cryptocurrency

Telegram shuts ‘largest darknet marketplace to have ever existed’

May 15, 2025

A major Chinese darknet marketplace suspected of facilitating crypto scams and cybercrime has been shut down by the Telegram messaging service, upon which it operated.The internet’s largest illicit marketplace, Haowang Guarantee, formerly Huione Guarantee, said…

2
Cryptocurrency

Senate removes Trump provisions in push to pass stablecoin bill

May 15, 2025

The US Senate could pass a key bipartisan stablecoin bill as soon as next week after removing language targeting President Donald Trump and his family’s sprawling crypto interests.Republican Senator Cynthia Lummis said onstage at an…

3
Cryptocurrency

Sonic Labs wins judgment for Multichain Foundation to wind up

May 15, 2025

A Singapore High Court has ruled in favor of Sonic Labs’ motion to force the Multichain Foundation to wind up in an effort to recover funds stolen during a 2023 hack.In the May 9 judgment…

4
Cryptocurrency

NFT founder stole millions from Bitcoin project, investors allege

May 15, 2025

Several investors in a non-fungible token (NFT) project, Hashling NFT, have accused its founder of misappropriating millions of dollars in profits from the project and a closely tied Bitcoin mining operation.According to the May 14…

Economy

Economy

He lives in Thailand but ‘supercommutes’ to Singapore—living off what he makes from 3 hours a week

May 15, 2025
Economy

Amazon lays off about 100 employees in devices and services unit

May 15, 2025
Economy

The world’s best airport is building a mega terminal to ride the travel boom in Asia

May 15, 2025
Economy

CoreWeave beats on revenue, reports more than 400% growth in first earnings after IPO

May 15, 2025
Economy

Boeing inks record-breaking deal for Qatar Airways to buy up to 210 planes

May 15, 2025
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