Kenanga Investment Bank to increase stake in Merchantrade Asia
Kenanga Investment Bank Bhd has received Bank Negara’s approval to acquire an additional 15.2% equity interest in Merchantrade Asia Sdn…
Corporate News
Favourable government initiatives to help lift REIT sector
Recently announced government initiatives are expected to support the retail real estate investment trust (REIT) sector but the allure of…
Power-hungry data centres to drive TNB’s revenue
Data centres are expected to underpin growth in electricity demand in Peninsular Malaysia.
HTVB to benefit from growing demand for steel
Things are looking good for steel company Hiap Teck Venture Bhd (HTVB) as various factors are in play to boost…
Chinese firms meet M’sian reps on US tariffs
Chinese executives have been meeting top government officials in Malaysia to seek assurances they can avoid US tariffs if they…
PNB optimistic about performance this year
Permodalan Nasional Bhd (PNB) is optimistic about the future with a renewed sense of strength and energy within the team…
Evergreen to gain from customer diversification
Evergreen Fibreboard Bhd is looking to increase its sales to East Asia as it reduces reliance on the Red Sea…
IJM Construction bags RM331.7mil Iskandar Puteri Data Centre contract
KUALA LUMPUR: IJM Corp Bhd’s wholly-owned subsidiary, IJM Construction Sdn Bhd has clinched a RM331.7mil contract to design and construct…
Astro reports higher net profit for first quarter
Despite reporting higher profit for its first quarter, Astro Malaysia Holdings Bhd is maintaining a cautious outlook while carefully monitoring…