Canada’s Hudbay Minerals to raise US$300mil in equity offering
Canadian copper miner Hudbay Minerals plans to raise US$300.2mil in an equity offering to help fund near-term growth initiatives at…
Corporate News
Sime Darby’s industrial division drives 3Q net profit to RM340mil
KUALA LUMPUR: Sime Darby Bhd's industrial business continues to drive the group's performance, while UMW Holdings Bhd's contribution helped to…
US Steel accuses rival Cliffs of misinformation as deal awaits review
United States Steel Corp has accused rival Cleveland-Cliffs Inc of conducing a “misinformation campaign” as the growing animosity between the…
KLCCP Stapled Group 1Q net profit rises to RM188mil on strong retail, hotel segments
KUALA LUMPUR: KLCCP Stapled Group’s net profit for the first quarter ended March 31, 2024 (1Q 2024) rose to RM188.03…
MSM Malaysia registers 1Q net profit of RM41.71mil on improved margins
KUALA LUMPUR: MSM Malaysia Holdings Bhd remained profitable for a second consecutive quarter on the back of improved margins, which…
Apple taps banking veteran as latest diversity chief
Apple Inc has hired a new diversity chief for the fourth time in recent years as the iPhone maker seeks…
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…
Trading ideas: TNB, Lagenda, Apollo, George Kent, Magma, Advancecon, Hong Seng, Pos, TSR, Sunway
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…