Walmart in talks to buy Vizio for more than US$2bil
Walmart is in talks to buy smart-television manufacturer Vizio for more than US$2bil, the Wall Street Journal reports, a move…
Category: Corporate News
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…
CEO of Australia’s biggest bank cautions on risks
Commonwealth Bank of Australia (CBA) chief executive officer Matt Comyn says risks are mounting in the economy after profit at…
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…
Duopharma to gain from consumer healthcare sales
Recent developments are looking promising for Duopharma Biotech Bhd, according to UOB Kay Hian (UOBKH) Research.
Westports considers new investors for expansion
Malaysia’s biggest port operator, Westports Holdings Bhd, is considering external strategic investors to help fund a RM39.6bil expansion that will…
Glass wool maker PGF plans new production plant
Glass wool maker PGF Capital Bhd, which is also one of the largest landowners in Tanjong Malim, Perak, plans to…
Kitacon wins RM65.4mil property job from Worldwide
Contractor Kumpulan Kitacon Bhd secured a RM65.43mil job from Selangor state government’s Worldwide Holdings Bhd to build 182 units of…
Macquarie posts lower nine-month profit
Australian financial conglomerate Macquarie Group says its nine-month profit fell “substantially” due to weakness in its commodities and global markets…