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…
Category: Corporate News
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…
MCE secures RM19.6mil contract from Perodua for EV components
KUALA LUMPUR: MCE Holdings Bhd’s wholly-owned subsidiary, Multi-Code Electronics Industries (M) Bhd, has secured a RM19.6mil contract from Perusahaan Otomobil…
TSMC raises revenue outlook on back of AI boom
Taiwan Semiconductor Manufacturing Co (TSMC) raised its projections for full-year revenue growth after results beat estimates, riding a global wave…
Optimax signs MoU with Health Ministry for school eye care
KUALA LUMPUR: Optimax Holdings Bhd’s subsidiary, Optimax Eye Specialist Centre Sdn Bhd has entered into a memorandum of understanding (MoU)…