US-sanctioned company not a semiconductor manufacturer, says Miti
KUALA LUMPUR: The Ministry of Investment, Trade and Industry (Miti) has clarified that a Malaysian company recently sanctioned by the…
Corporate News
PAAB receives award for water industry contributions
Pengurusan Aset Air Bhd (PAAB) has bagged the prestigious “IEM Award for Contribution to the Engineering Industry in Malaysia 2024”…
BHP faces patience test after Anglo takeover fails
Days after BHP Group failed to secure the US$49bil takeover of smaller rival Anglo American Plc, investors have one message…
Datasonic bags RM182mil KDN job extensions
Datasonic Group Bhd has received five letters of extension from the Home Ministry (KDN) totalling RM181.66mil.
Nvidia and AMD square off in fight to take control of AI adoption
Nvidia Corp and Advanced Micro Devices Inc’s (AMD) chiefs showcased new generations of the chips powering the global boom in…
Novan Amirudin is CIMB’s new group CEO
CIMB Group Holdings Bhd has appointed Novan Amirudin as its group chief executive officer (CEO).
Fitness firm in US starts US$800mil debt sale
Planet Fitness, a gym chain with its headquartres in the United States, has started selling US$800mil of bonds backed by…
Inta Bina wins RM112mil Gamuda deal
Inta Bina Group Bhd has accepted a letter of award from Gamuda Land (T12) Sdn Bhd for the proposed development…
Former Finance Minister in line for Braskem job
Former Brazil Finance Minister Guido Mantega says President Luiz Inacio Lula da Silva’s government sought him for a spot on…