Pavilion REIT posts RM67mil net profit in 2Q, declares 4.53 sen dividend
PETALING JAYA: Pavilion Real Estate Investment Trust (Pavilion REIT) will focus on continuously refining its tenant mix and elevating marketing…
PGF Capital partners with Centria for exclusive distribution in Malaysia
KUALA LUMPUR: PGF Capital Bhd’s wholly-owned subsidiary, PGF Global Distribution Sdn Bhd, has entered into a five-year distributorship agreement with…
ILB Group to purchase solar assets totalling RM98mil
PETALING JAYA: IL Energy Sdn Bhd (ILE), a wholly-owned subsidiary of ILB Group Bhd, has agreed to purchase all of…
Ringgit strengthens against US dollar, rally expected until year-end
KUALA LUMPUR: The ringgit rose against the US dollar on Wednesday, reinforcing expectations that it will hit 4.50 versus the…
Zhulian expects inflationary pressures to impact consumer spending
PETALING JAYA: Zhulian Corp Bhd expects its current financial year to remain challenging, amid inflationary pressures on consumers’ ability and…
BIG Industries announces cessation of concrete division
PETALING JAYA: BIG Industries Bhd has announced the cessation of business of its concrete division to minimise the group’s losses.
Berjaya Rail joins Malaysia Rail Industry Corp as new member
KUALA LUMPUR: Berjaya Rail Sdn Bhd (Berjaya Rail), which is eyeing the Kuala Lumpur-Singapore high-speed rail (KL-SG HSR) project, has…
Hong Seng Consolidated acquires Hong Seng Frontier for RM45mil
PETALING JAYA: HS Green Valley Sdn Bhd (HSGV), a wholly-owned subsidiary of Hong Seng Consolidated Bhd, has entered into an…
Wall Street set to fall as megacap chip, tech stocks tumble
INDEXES were set to open lower on Wednesday, as declines in major chip and tech stocks led broad-based market losses…