Miner BHP hits guidance with record iron ore production
BHP Group Ltd’s iron ore output climbed 6% in the three months to the end of June, taking the global…
Category: Corporate News
Public Bank can ride on provision write-backs
Public Bank Bhd has the strongest headroom among its peers for potential provision write-backs, making it an attractive stock as…
Bank of America says it will invest more in trading arm
Bank of America Corp is putting more money and balance sheet resources behind its trading business, according to chief executive…
Alliance Bank loan expansion to remain resilient
Alliance Bank Malaysia Bhd’s (ABMB) loan growth is expected to remain resilient, underpinned by small and medium enterprises’ (SME) loans…
PTTS acquires two pieces of land from Sime Darby Property for RM22mil
PETALING JAYA: PTT Synergy Group Bhd (PTTS) has entered into sale and purchase agreements with Sime Darby Property (Serenia City)…
Adidas jumps 5% after second outlook hike, strong Q2
ADIDAS shares jumped as much as 5% on Wednesday, hitting their highest in over two years, after the German sportswear…
Hong Seng Consolidated acquires Hong Seng Frontier for RM45mil
PETALING JAYA: HS Green Valley Sdn Bhd (HSGV), a wholly-owned subsidiary of Hong Seng Consolidated Bhd, has entered into an…
Berjaya Rail joins Malaysia Rail Industry Corp as new member
KUALA LUMPUR: Berjaya Rail Sdn Bhd (Berjaya Rail), which is eyeing the Kuala Lumpur-Singapore high-speed rail (KL-SG HSR) project, has…
BIG Industries announces cessation of concrete division
PETALING JAYA: BIG Industries Bhd has announced the cessation of business of its concrete division to minimise the group’s losses.