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…
Corporate News
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…
OCK in Laos tower leasing agreement
OCK Group Bhd has entered into a tower leasing agreement with Best Telecom Co Ltd, marking the group’s entry into…
Alstom to ask shareholders for US$1bil in rights issue to slash debt
French train maker Alstom on Wednesday said it would ask shareholders for around 1 billion euros ($1 billion) through a…
Siab raising funds to acquire Taghill
Siab Holdings Bhd has announced plans to raise RM103.98mil through private placement, of which RM12mil has been completed on Dec…