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KUALA LUMPUR: Here is a recap of the headlines from Corporate Malaysia.
Corporate News
Positive view on NTTD Japan buyout offer for GHL
The offer price of RM1.08 per share made by NTT Data Japan Corp (NTTD Japan) to existing shareholders of payment…
Capital A’s revenue more than doubles to RM5.2bil in 1Q24
PETALING JAYA: Capital A Bhd expects a stabilisation in demand as it progresses into the second quarter of 2024 (2Q24).
SD Plantation rebrands as SD Guthrie
Sime Darby Plantation Bhd (SD Plantation) has received shareholder approval to change its name to SD Guthrie Bhd.
SMG posts 3% rise in revenue for 1Q24
Star Media Group Bhd (SMG) is optimistic its property development and investment segment would compensate for the challenging outlook in…
SCIB turns profit in 3Q24
KUALA LUMPUR: Sarawak Consolidated Industries Bhd (SCIB), which posted a small net profit in the third quarter ended March 31…
New business margin at India’s LIC falls, profit rises slightly
Life Insurance Corp (LIC) of India, the country’s biggest insurer, has reported a drop in its new business margin in…
UUE Holdings to venture into subsea work post-IPO
ACE Market-bound UUE Holdings Bhd aims to raise RM29.9mil from its initial public offering (IPO) to strengthen the group’s capital…
IHH Healthcare net profit down 45% in 1Q
KUALA LUMPUR: IHH Healthcare Bhd's net profit for the first quarter ended March 31, 2024, (1Q 2024) decreased to RM767.97…