YNH’s sukuk wakalah rating downgraded
MARC Ratings has removed YNH Property Bhd’s Islamic Medium-Term Notes Programme (sukuk wakalah) rating from MARCWatch Negative placement and concurrently…
SSF Home 4Q revenue rises 34%
SSF Home Group Bhd reported a profit after tax of RM6.2mil in the fourth quarter ended April 30, 2024 (4Q24),…
Higher operating expenses a damper for Sapura Energy
Sapura Energy Bhd’s net profit for the first quarter ended April 30, 2024 (1Q25) tumbled by 44% year-on-year (y-o-y) to…
Chipmaker Nexperia invests US$200mil in Germany
Nexperia, one of the world’s largest makers of basic semiconductors such as diodes and transistors, says it will invest US$200mil…
Wider portfolio for Samaiden with Gruppe tie-up
Samaiden Group Bhd’s proposed tie-up with Gruppe Lightning Solution Sdn Bhd to develop and implement comprehensive solar street lighting systems…
Johor Plantations IPO oversubscribed
The public portion of Johor Plantations Group Bhd’s initial public offering (IPO), comprising 50 million IPO shares, has been oversubscribed…
Kim Loong aiming for higher FFB production
Kim Loong Resources Bhd aims to achieve at least 5% higher fresh fruit bunch (FFB) production for the current financial…
S&P affirms ‘A-’ sovereign credit rating
S&P Global Ratings has reaffirmed its sovereign credit rating on Malaysia with a “stable” outlook, as it foresees the country’s…
Fed’s ‘higher for longer’ stance hits Asian currencies
A basket of Asian currencies is feeling the heat this week, after latest comments from a US Federal Reserve (Fed)…