Brazil’s GPA posts steeper 1Q net loss as taxes, impairment weigh
Brazilian food retailer GPA says its first quarter net loss for continuing operations widened by nearly 28% from a year…
Category: Corporate News
PBB remains proactive in sustainable financing
Public Bank Bhd (PBB) has mobilised more than RM53bil of sustainable finance since 2020 that covers financing portfolio such as…
MR D.I.Y. plans 180 new stores in 2024, targets 2,000 by 2028
KUALA LUMPUR: MR D.I.Y Group Bhd aims to launch 180 additional stores in 2024, surpassing its target of 2,000 stores…
KKR to buy Perpetual wealth, corporate units
Perpetual says that buyout giant KKR & Co would acquire its wealth management and corporate trust businesses for A$2.18bil (US$1.43bil),…
Go Hub gets nod to list on ACE Market
Transportation information technology (IT) solution provider Go Hub Capital Bhd has received approval from Bursa Malaysia to list on the…
Princeton Digital gets green loan for Asia AI hub
Princeton Digital Group secured a US$280mil green loan to help finance a US$1.5bil data centre it’s building in southern Malaysia,…
BAT to continue investment in vape brand
Earnings should bottom out this year for British-American Tobacco (Malaysia) Bhd (BAT), led by its value-for-money products and vape brand…
KLK takes swift action to address labour report
Kuala Lumpur Kepong Bhd (KLK) has temporarily suspended the arrival of 140 Nepali workers into Malaysia amid allegations of unethical…
Paragon Globe proposes to sell Johor land for RM238.32mil
KUALA LUMPUR: Paragon Globe Bhd’s (PGB) wholly owned subsidiary Paragon Business Hub Sdn Bhd has entered into a sale and…