Five Below slumps to a low as analysts worry
Wall Street’s enthusiasm for Five Below Inc plummeted along with its shares Wednesday, with the departure of its long-time chief…
Category: Corporate News
Sustainability sukuk by Samaiden
Samaiden Group Bhd has established multi-currency sustainability sukuk Wakalah programmes of RM1.5bil in total as part of its strategic financial…
Many US solar factories are lagging except those that China owns
Construction of US solar-manufacturing plants by Chinese companies is surging, putting China in position to dominate the nascent industry, as…
Morgan Stanley sells US$8bil of bonds
Morgan Stanley became the latest big Wall Street bank to tap the US investment-grade market after reporting earnings, as strong…
CVC Capital Partners to buy out and delist Comarch
Private equity fund CVC Capital Partners and some shareholders of Comarch SA has announced plans to buy out and delist…
Samsung Electronics buys British AI tech startup
Samsung Electronics has bought a British startup that develops advanced artificial intelligence (AI) technology, the South Korean tech giant says,…
Pavilion-REIT to benefit from higher tourist spending
Pavilion Real Estate Investment Trust’s (Pavilion-REIT) premium retail assets are less vulnerable to downward pressure on occupancy and rental rates,…
Genting Plantations to acquire 152 hectares in Indonesia for RM593mil for property development
KUALA LUMPUR: Genting Plantations Bhd plans to acquire two adjacent land parcels totalling 152 hectares in Indonesia for RM593mil from…
ThaiBev to exit Singapore’s Frasers Property
Thailand’s richest person Charoen Sirivadhanabhakdi is seeking to realign his sprawling business empire along clearer lines, as the beverage giant…