Paytm signals job cuts, asset sales after regulatory probe
Paytm has warned of job cuts and says it will trim non-core assets after reporting its first sales decline on…
Corporate News
Malakoff acquires two RE companies for RM27mil
PETALING JAYA: Malakoff Corp Bhd is acquiring a 51% equity interest in ZEC Solar Sdn Bhd and a 49% stake…
KKB forecast to gain from Sarawak jobs
KKB Engineering Bhd may have seen earnings which came up short of analyst expectations, but better days may still be…
India’s mid-tier firms gain share
Mid-tier firms in India’s US$254bil information technology sector took market share from industry goliaths in recent quarters as clients curtailed…
Duopharma’s 1Q net profit falls 32.5% to RM15.3mil
KUALA LUMPUR: Duopharma Biotech Bhd foresees challenges from a strong US dollar, high electricity tariffs, and interest rates impacting manufacturing…
SunCon prospects to stay strong
Sunway Construction Group Bhd’s (SunCon) prospects are expected to remain strong, on the back of a record order backlog and…
Mega First sees better earnings for core ops
Mega First Corp Bhd posted a RM95.5mil net profit for its first quarter ended March 31 (1Q24), representing a 35.5%…
Allianz Malaysia 1Q net profit rises to RM189.83mil
KUALA LUMPUR: Allianz Malaysia Bhd posted a higher net profit of RM189.83 million during the first quarter (1Q) ended March 31,…
Pintaras Jaya to feel the pinch of a tough operating environment
Piling and foundation specialist Pintaras Jaya Bhd’s financial year 2024 (FY24) earnings are expected to be impacted amid the tough…