Reservoir Link wins PETRONAS Carigali project
Reservoir Link Energy Bhd’s wholly-owned subsidiary, Reservoir Link Sdn Bhd, has secured a contract from PETRONAS Carigali Sdn Bhd for…
Intel survives bid to halt millions in chip sales to China’s Huawei
Intel has survived an effort to halt hundreds of millions of dollars’ worth of chip sales to Huawei, two people…
SC raids premises of listed firms
The Securities Commission (SC) is believed to have raided premises of listed companies for suspected abuse of fund-raising activities.
LSK proposes one-for-two bonus issue
Lee Swee Kiat Group Bhd (LSK) has proposed a bonus issue of 83.9 million new ordinary shares on the basis…
Jag plans to reward its shareholders
Jag Bhd has proposed to undertake bonus issuance of new shares and free warrants to reward its shareholders.
Golden Pharos appoints Roslan as acting CEO
Timber firm Golden Pharos Bhd has appointed Terengganu Inc senior vice-president Mohd Roslan Mamat as its acting chief executive officer…
Opportunity to accumulate REIT stocks on appealing distribution yields
AmInvestment Bank Research sees buying opportunities in local real estate investment trust (REIT) stocks, given widening yield spreads against 10-year…
BAuto expects positive showing in FY24
Bermaz Auto Bhd (BAuto) anticipates a positive performance for the financial year ending April 30, 2024 (FY24) amidst the uncertainty…
Ringgit to strengthen on impending US rate cuts
Investors are advised to be vigilant as the US economy remains at risk of a rough landing this year as…