Australia’s No. 2 pension fund to scoop up smaller Qantas rival
Australian Retirement Trust (ART), the nation’s second-largest pension, agreed to merge with smaller rival Qantas Super, in the latest sign…
Corporate News
PTTS acquires land parcels for RM22mil
PTT Synergy Group Bhd (PTTS) has entered into sale and purchase agreements with Sime Darby Property Bhd’s units, Sime Darby…
SCIB secures RM70mil Islamic banking facilities
KUALA LUMPUR: Sarawak Consolidated Industries Bhd (SCIB) and its wholly owned subsidiary SCIB Industrialised Building System Sdn Bhd have secured two…
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…
Launch of new AiX centre to drive CelcomDigi’s growth revenue
CelcomDigi Bhd is expecting strong growth from a new source of revenue stream following the launch of its CelcomDigi AI…
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…
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…
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…