Ancom Nylex posts record profit of RM81.47mil in FY24, upbeat on prospects
KUALA LUMPUR: Ancom Nylex Bhd is upbeat on its growth prospects on the back of a record bottomline achieved in…
Corporate News
SKP poised for stronger earnings in FY25
SKP Resources Bhd is expected to deliver stronger earnings performance for financial year 2025 (FY25) as its order visibility has…
BIG Industries ceases concrete ops
BIG Industries Bhd has announced the cessation of business of its concrete division to minimise the group’s losses.
Haily unit secures RM76.65mil award for construction of link houses in JB
KUALA LUMPUR: Haily Group Bhd's wholly-owned subsidiary Haily Construction Sdn Bhd has secured a RM76.65mil contract from Razin Architects Sdn…
ILB Group unit makes double buy
ILB Group Bhd’s wholly owned subsidiary IL Energy Sdn Bhd (ILE) has agreed to purchase all of Armani Sinar Sdn…
Sapura Resources unit to explore JV on aircraft-related services
KUALA LUMPUR: Sapura Resources Bhd's wholly-owned subsidiary Sapura Aero Sdn Bhd has entered into a memorandum of understanding with MRO…
Hong Seng acquires HSF for RM45mil
Hong Seng Consolidated Bhd’s wholly owned subsidiary HS Green Valley Sdn Bhd (HSGV) has entered into an agreement to acquire…
AmanahRaya REIT inks long-term tenancy with ALFA International College
KUALA LUMPUR: AmanahRaya Real Estate Investment Trust (REIT) has signed a long-term tenancy agreement with ALFA International College Sdn Bhd…
Insurers buy mortgages outright in new twist
Yield-hungry insurance firms are adopting an unconventional strategy. They’re skipping mortgage-backed bonds and buying the underlying whole loans outright.