UMW shares to be delisted on Feb 19 post-takeover
The entire issued share capital of UMW Holdings Bhd will be removed from the official list of Bursa Malaysia on…
Sony hikes profit forecast on financial services gain
Japan’s Sony upgraded its annual net profit forecast but trimmed its PlayStation 5 (PS5) unit’s sales target, with the flagship…
HSS Engineers associate wins RM9.5mil job
HSS Engineers Bhd’s (HEB) associate SMHB Sdn Bhd has secured a RM9.52mil contract from Pengurusan Aset Air Bhd for engineering…
MMHE seeks more opportunities in RE
After posting a negative bottom line in its previous financial year (FY), Malaysia Marine and Heavy Engineering Bhd (MMHE) will…
Firms that dropped degree requirements are hiring college grads
Bank of America Corp and Lockheed Martin Corp are falling short on promises to hire more workers without college degrees,…
World’s first sovereign transition bonds debut in Tokyo
In a world first, Japan auctioned sovereign climate transition bonds yesterday although the bonds met with slightly weaker-than-expected demand.
Developer China South City’s woes test state
A Chinese property developer that’s partially owned by a state-run firm has issued its strongest warning yet over a bond…
NEC spurns offers for stake in iPhone supplier
Japan’s NEC received multiple buyout offers from global private-equity funds for iPhone supplier Japan Aviation Electronics Industry (JAE) before agreeing…
Adani Green Energy likely to tap US dollar bond market
India’s Adani Green Energy is likely to raise US$500mil by issuing US dollar bonds in March, two officials aware of…