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KUALA LUMPUR: Here is a summary of recent corporate announcements that made headlines
Category: Corporate News
Brooks sees China and Europe as growth areas – Markets start to open again after Russia-Ukraine war
OMAHA: The new chief executive of Brooks Running says the running shoe maker owned by Warren Buffett’s Berkshire Hathaway views…
Yinson Production completes US$1.3bil project financing for Agogo FPSO
KUALA LUMPUR: Yinson Holdings Bhd’s unit, Yinson Production has finalised a limited recourse term loan facility, securing up to US$1.3bil.
South Korean developer Taeyoung gets creditor support
Distressed South Korean builder Taeyoung Engineering & Construction Co won support from creditors to begin restructuring its debt, after it…
Pandora raises full-year forecast on strong U.S. sales
COPENHAGEN: Pandora, the world's largest jewellery maker, raised its full-year guidance on Thursday after sales and profit for its first…
Versa introduces enticing rewards for users
Versa, a homegrown digital wealth management app, hopes to help Malaysians build financial resilience by adding more value to users’…
Shell beats expectations with $7.7 bln first-quarter profit
LONDON: Shell on Thursday reported first-quarter adjusted earnings of $7.7 billion, sharply beating expectations, on the back of strong oil…
Canadian bank takes US$450mil hit in money-laundering probe
Toronto-Dominion Bank has taken an initial provision of US$450mil in connection with US investigations into its anti-money laundering practices, and…
Westports’ 1Q net profit rises to RM204.51mil
KUALA LUMPUR: Westports Holdings Bhd is cautiously forecasting a low single-digit growth rate for the current financial year.