Velesto’s 1Q net profit soars to RM47mil
KUALA LUMPUR: Velesto Energy Bhd’s net profit for the first quarter ended March 31, 2024, soared to RM46.81 million from…
Category: Corporate News
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KUALA LUMPUR: Here are the leading headlines from Corporate Malaysia.
Tesla’s Europe sales decline
Tesla Inc got off to a sluggish start to the second quarter in Europe, where chief executive officer Elon Musk…
Axis-REIT acquires two properties from CCB for RM125mil
PETALING JAYA: Axis Real Estate Investment Trust (Axis-REIT) is acquiring two properties in Selangor from Cycle & Carriage Bintang Bhd…
Optimistic outlook for MPI on earnings uptrend
Analysts are generally optimistic about the outlook for Malaysian Pacific Industries Bhd (MPI), underpinned by a decent earnings recovery for…
Clock runs down on BHP’s US$43bil bid for Anglo American
BHP Group Ltd has just hours to launch a blockbuster bid to buy smaller mining rival Anglo American Plc, or…
Samaiden’s 3Q net profit jumps over two-fold
KUALA LUMPUR: Samaiden Group Bhd’s growth prospects are boosted by government initiatives such as the Corporate Green Power Programme (CGPP),…
Uptick in production and new client to lift PIE Industrial
Analysts are upbeat about PIE Industrial Bhd’s growth prospects as it gets back on track following the anticipated pickup in…
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…