Business

Yinson posts 61% surge in 2Q net profit

Yinson Holdings Bhd saw a 60.84% increase in net profit for the second quarter ending July 31, 2023 (2Q24), rising…

2 days ago

Bernas supports govt’s efforts to ensure sufficient rice supply

FOLLOWING public concern regarding white rice shortage in the market, Padiberas Nasional Berhad (Bernas) has guaranteed that there is sufficient…

3 days ago

Gardenia KL asked to justify increase in price of bread products – KPDN

KUANTAN – The Ministry of Domestic Trade and Cost of Living (KPDN) has issued a notice asking bread producer Gardenia…

3 days ago

High demand for flavoured-moon cakes

KUALA LUMPUR – “Kuih bulan” or moon cake is a traditional Chinese sweet pastry served to celebrate the mid-autumn festival…

3 days ago

Sunway’s Umech Land to develop RM646m Batu Kawan Industrial Park with PDC

Sunway Bhd's subsidiary, Umech Land Sdn Bhd, in which it holds a 70% stake, has entered into a joint development…

4 days ago

Gamuda posts record profit, eyes strong growth for 2024

Gamuda Bhd net profit for the financial year ended July 31, 2023 surpassed the RM1 billion mark, representing a 128.03%…

4 days ago

Kerjaya Prospek clinches RM203m contract for TIEM2 factory in Melaka

KERJAYA Prospek Group Bhd’s wholly-owned subsidiary, Kerjaya Prospek (M) Sdn Bhd (KPM), has secured a RM203.06 million contract from Samsung-KP…

4 days ago

Tomei Consolidated granted approval for online money lending business

TOMEI Consolidated Bhd’s subsidiary, TXG Financial Solutions Sdn Bhd, has received approval from the Ministry of Local Government Development (KPKT)…

4 days ago

Sapura Energy bags RM1.4b contract in Angola

SAPURA Energy Bhd has secured a US$300 million (RM1.4 billion) offshore transportation and installation services contract in Angola. It told…

4 days ago

Tan Sri Lim Kang Hoo plans merger and restructuring of his corporate empire

BUSINESSMAN Tan Sri Lim Kang Hoo (picture) has proposed a series of corporate restructuring and merger plans involving several companies in which…

4 days ago

Capital A and AirAsia Collaborate with Garuda and Citilink for ASEAN partnership

CAPITAL A Bhd and its subsidiary, AirAsia Aviation Group Limited (AAAGL), have announced memorandums of understanding (MoUs) with PT Garuda…

4 days ago

FGV names Rastam Mohd Isa as new chairman

KUALA LUMPUR – FGV Holdings Bhd has appointed former Foreign Affairs Ministry secretary general Tan Sri Rastam Mohd Isa as…

5 days ago

SAM Engineering to acquire Aviatron for US$43m, funding via rights issue

SAM Engineering & Equipment (M) Bhd is set to acquire a 100% stake in Aviatron (M) Sdn Bhd, a manufacturer…

6 days ago