More infra projects up for grabs this year
The construction sector will likely see a further acceleration in awards in the second half (2H) of this year, driven…
IOI studies landbank monetisation for RE
IOI Corp Bhd is currently evaluating potential landbank monetisation for some of its aged plantation land areas for renewable energy…
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.
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…
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…
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…
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,…
Sarawak has vast resources for green energy
Sarawak is committed to growing its clean energy generation sector following the vast opportunities for investors to collaborate with the…
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…