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…
Corporate News
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…
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…
Amazon to spend nearly US$9bil to expand cloud infra in Singapore
AMAZON.com plans to spend S$12 billion ($8.88 billion) over the next four years to expand its cloud computing infrastructure in…
KLK’s recruitment issues to be short-lived, say analysts
KUALA LUMPUR: The fallout from recent allegations regarding Kuala Lumpur Kepong Bhd's (KLK) recruitment agency in Nepal is likely to…
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KUALA LUMPUR: Here is a summary of recent corporate announcements that made headlines