Glencore eyes Shell Singapore assets as CNOOC pulls out
Swiss miner and commodities trader Glencore is looking at buying Shell’s oil refinery and petrochemical units in Singapore as the…
Category: Corporate News
Generation company a bright light for TNB
Tenaga Nasional Bhd’s (TNB) earnings for financial year 2023 (FY23) fell short of analysts’ expectations but the stock remains attractive…
IHH net profit soars to RM2.95bil in FY23
KUALA LUMPUR: IHH Healthcare Bhd’s net profit for the financial year ended Dec 31, 2023 jumped to RM2.95 billion versus…
Chinese chip maker cleared in US criminal case
A Chinese chip maker was cleared of economic espionage and other criminal charges in a setback for a US Justice…
China’s solar firms set to lower growth targets
China’s solar industry is likely to set lower expansion targets in 2024, as financial stresses and grid constraints make it…
KAB proposes to buy Kedah mini hydropower
ALOR SETAR: Kinergy Advancement Bhd (KAB) said its proposed acquisition of a 9.6MW mini-hydropower plant in Kedah marks another move…
Property giants miss analysts’ profit estimates
Property giants City Developments Ltd (CDL) and CapitaLand Investment Ltd reported bigger-than-expected declines in full-year profits, after being battered by…
HLB banks on dynamic domestic environment for growth
Hong Leong Bank Bhd (HLB) is hopeful that the dynamic local business environment, underpinned by domestic policy support that is…
AGX Group cautiously optimistic of FY24
KUALA LUMPUR: Third-party logistics solutions provider, AGX Group Bhd remained cautiously optimistic on its prospects for the current financial year…