Chinese tycoon guilty in US of US$1bil investor fraud
Exiled Chinese tycoon Guo Wengui, whose crusade against the Communist Party attracted allies including Donald Trump associate Steve Bannon, has…
Category: Corporate News
Pavilion-REIT prudent despite earnings growth
Pavilion Real Estate Investment Trust (Pavilion-REIT) will focus on continuously refining its tenant mix and elevating marketing efforts, after revising…
Samaiden Group launches RM1.5bil Islamic financing programmes
KUALA LUMPUR: Samaiden Group Bhd has announced the establishment of a RM1.0 billion Islamic medium term notes (IMTN) programme and a RM500.0…
Thai billionaire plans US$20.5bil telco, energy merger
Thai billionaire Sarath Ratanavadi plans to merge his listed power company with an affiliate that owns the nation’s most-valuable mobile…
Bintai Kinden gets contracts worth RM26mil
Bintai Kinden Corp Bhd has secured two contracts for a semi-detached and townhouse project in Selangor as well as temporary…
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…
Employees at China financial firms face pay clawbacks
Some of China’s largest state-backed financial firms are asking employees in Hong Kong to return a portion of their pay,…
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…