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…
Corporate News
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…
OCK enters tower leasing agreement, marks debut into Laos
PETALING JAYA: OCK Group Bhd has entered into a tower leasing agreement with Best Telecom Co Ltd, marking the group’s…
Bursa Reach to bridge investor-remisier gap
KUALA LUMPUR: Bursa Malaysia Bhd has unveiled Malaysia’s first profiling platform featuring and facilitating better connections between representatives of dealers…
BP profits drop to US$2.7bil, refinery outage offsets higher output
LONDON: BP reported on Tuesday first-quarter earnings of $2.7 billion, down 40% from a year earlier and missing forecasts due…
Nintendo expects to sell 13.5 mln Switch units this year
TOKYO: Nintendo said on Tuesday it expects to sell 13.5 million Switch consoles in the financial year ending March 2025.
M&A Securities and Newparadigm back Siab’s acquisition of Taghill with rights issue
KUALA LUMPUR: Siab Holdings Bhd has announced its plans to raise approximately RM103.98mil through private placement, of which RM12mil has…
Pekat unit in negotiations over purchase of stake in electrical power solutions firm
KUALA LUMPUR: Pekat Group Bhd's wholly-owned subsdiary Pekat Teknology Sdn Bhd has entered into negotiations with Apex Power Industry Sdn…