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…
Corporate News
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…
Loan growth of 7% for CIMB
One of the factors that investors look out for when it comes to banking stocks is the net interest margins…
Shell to sell Singapore refinery, petrochemical assets to Chandra Asri and Glencore
SINGAPORE: Shell said on Wednesday it has agreed to sell its refinery and petrochemical assets in Singapore to a joint venture…
Dufu sees rise in global semiconductor sales and memory sector
KUALA LUMPUR: Dufu Technology Corp Bhd believes global semiconductor sales are increasing, along with a memory sector resurgence, signalling a…
Nomura targets 20% revenue growth from global markets business
Nomura Holdings Inc is targeting 20% revenue gains for its global markets unit over the next few years as the…
Indonesia’s oldest shoemaker Bata closes its only factory
P. T. Sepatu Bata, the oldest footwear manufacturer in the country, had ceased production at its only factory in the…
VSTECS appointed as the first Amazon Web Services distributor in Malaysia
KUALA LUMPUR: VSTECS Bhd through its wholly-owned subsidiary, VSTECS KU Sdn Bhd been named as the first Amazon Web Services…