BIG Industries ceases concrete ops
BIG Industries Bhd has announced the cessation of business of its concrete division to minimise the group’s losses.
Category: Corporate News
Sapura Resources unit to explore JV on aircraft-related services
KUALA LUMPUR: Sapura Resources Bhd's wholly-owned subsidiary Sapura Aero Sdn Bhd has entered into a memorandum of understanding with MRO…
ILB Group unit makes double buy
ILB Group Bhd’s wholly owned subsidiary IL Energy Sdn Bhd (ILE) has agreed to purchase all of Armani Sinar Sdn…
AmanahRaya REIT inks long-term tenancy with ALFA International College
KUALA LUMPUR: AmanahRaya Real Estate Investment Trust (REIT) has signed a long-term tenancy agreement with ALFA International College Sdn Bhd…
Hong Seng acquires HSF for RM45mil
Hong Seng Consolidated Bhd’s wholly owned subsidiary HS Green Valley Sdn Bhd (HSGV) has entered into an agreement to acquire…
TSMC quarterly profit soars 36%, beating expectations
TAIPEI: TSMC posted a 36% jump in second-quarter net profit on Thursday that beat market expectations as the Taiwanese chipmaker…
Insurers buy mortgages outright in new twist
Yield-hungry insurance firms are adopting an unconventional strategy. They’re skipping mortgage-backed bonds and buying the underlying whole loans outright.
Warner Bros Discovery considering break up to boost stock price, FT reports
WARNER Bros Discovery, the owner of CNN and HBO, has discussed a plan to split its digital streaming and studio businesses…
IOI studies landbank monetisation for RE
IOI Corp Bhd is currently evaluating potential landbank monetisation for some of its aged plantation land areas for renewable energy…