Big-bank dealmakers to keep moving to boutiques
The flow of top dealmakers from traditional bulge-bracket firms to boutique investment banks is likely to continue as smaller shops…
Corporate News
EPF is major shareholder of Aurelius
The Employees Provident Fund (EPF) has emerged as a substantial shareholder in electronic manufacturing services company, Aurelius Technologies Bhd.
Volkswagen to invest US$5bil in EV venture with Rivian
Volkswagen AG (VW) will invest US$5bil to form a joint venture with electric vehicle (EV) maker Rivian Automotive Inc, throwing…
Well Chip optimistic of sustaining growth rate
Main Market-bound Well Chip Group Bhd is confident gold prices will continue to rise or remain the same in the…
SSF Home Group 4Q24 net profit jumps 212.6%
KUALA LUMPUR: SSF Home Group Bhd is well-positioned to leverage rising consumer power, supported by EPF Account 3 withdrawals, through…
ST Engineering to invest US$88mil in new sustainable data centre
Technology and engineering group ST Engineering is investing S$120mil over the next three years in a new data centre with…
AR-REIT to dispose of Cyberjaya asset
Amanahraya Real Estate Investment Trust (AR-REIT) is disposing of a free standing four storey purpose-built office building in Cyberjaya, Selangor…
Crescendo’s net profit soars to RM289mil in 1Q from data centre land sales
KUALA LUMPUR: Crescendo Corporation Bhd's net profit for the first quarter ended April 30, 2024 (1Q) surged to RM289.03 million…
Daewoo E&C boosts overseas business ops to spur growth
Daewoo Engineering & Construction chairman Jung Won-ju is ramping up efforts to expand the South Korean builder’s global network for…