DeepMind alumni raise US$200mil funding round for Holistic AI
Holistic AI, a new startup in Paris working to leapfrog other generative artificial intelligence (AI) models, has closed the first…
Category: Corporate News
Axiata and Sinar Mas seek merger
Malaysian conglomerate Axiata Group and Indonesian group PT Sinar Mas have sought permission from the Indonesian government to merge their…
Trading ideas: Axiata, Mega First, Vstecs, Pharmaniaga, Sarawak Cable, Paragon Globe, CIMB, IHH, Ni Hsin
KUALA LUMPUR: Here is a summary of the news headlines from Corporate Malaysia.
MNRB net profit at 50-year high in FY24
MNRB Holdings Bhd (MNRB) aims to continue pursuing growth in overseas markets and venture into specialised business lines for its…
Microsoft’s staggering investment a technological shot in the arm for Malaysia
KUALA LUMPUR: Microsoft Corp’s commitment to invest a staggering US$2.2 billion (US$1=RM4.74) in Malaysia is undoubtedly a stimulus to upgrade…
Independent auditor raises going concerns about Pharmaniaga
KUALA LUMPUR: Pharmaniaga Bhd’s independent auditors, Messrs PricewaterhouseCoopers PL has reported a material uncertainty related to going concern in its…
Tasco’s diversity provides strong growth prospects
Integrated logistics player Tasco Bhd remains attractive for its diversified business segments, giving it solid cash flow generation and strong…
Axiata, Sinar Mas seek permission for Indonesia telco merger, minister says
JAKARTA: Malaysian conglomerate Axiata Group and Indonesian group PT Sinar Mas have sought permission from the Indonesian government to merge…
Artroniq sells Penang property for RM1.8mil
KUALA LUMPUR: Artroniq Bhd’s 60% owned subsidiary, Fujim Digital Sdn Bhd has proposed to dispose of a piece of land…