PETRONAS makes third hydrocarbon discovery in Suriname’s offshore Block 52
KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) subsidiary Petronas Suriname E&P BV has made its third hydrocarbon discovery in Block 52, offshore the South American nation…
Corporate News
BAuto’s future earnings expected to remain solid
Despite a projected normalisation of total industry volume (TIV) in Malaysia’s automotive industry, Bermaz Auto Bhd’s (BAuto) future earnings are…
RHB unit issues RM500mil Islamic bonds
RHB Bank Bhd’s wholly-owned subsidiary RHB Islamic Bank Bhd has issued subordinated sukuk murabahah worth RM500mil in nominal value.
TSMC says no damage to its Arizona facilities after incident
TAIPEI: Taiwanese chipmaker TSMC said on Thursday there was no damage to its facilities after an incident at its Arizona…
Activist fund calls for more dialogue with shareholders
A Singapore-based activist fund is asking four Japanese companies through shareholder resolutions to make their board members regularly available for…
Plan to take MAHB private
A consortium led by Khazanah Nasional Bhd and the Employees Provident Fund (EPF) has proposed to privatise Malaysia Airports Holdings…
Menang inks agreement to develop wellness park
KUALA LUMPUR: Menang Corp Bhd is exploring a collaboration with Alpro Alliance Sdn Bhd to develop a health and wellness…
Survey shows outlook of German firms on Philippines dims
German companies operating in the Philippines have turned less optimistic about their prospects in the country, citing frequent policy changes…
Trading in MAHB shares halted pending material announcement
KUALA LUMPUR: Bursa Malaysia Bhd has approved Malaysia Airports Holdings Bhd’s request for a trading suspension pending a material announcement.