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PETALING JAYA: Aeon Co (M) Bhd is allocating capital expenditure (capex) of RM251mil for 2021 to ramp up its online systems and refurbish its outlets.
KUALA LUMPUR: Industry players increased their spending for environmental protection by 7% to RM2.89bil in 2019 with Johor spending the largest amount among the states, according to the Statistics Department.
PETALING JAYA: Axiata Group Bhd, Telenor Asia Pte Ltd and Digi.Com Bhd have finalised the proposed merger between Celcom Axiata Bhd and Digi, a union that will see the telco giants generating synergies ranging from cost savings to financial flexibility for future capital expenditure (capex) rollout.
PETALING JAYA: Uzma Bhd’s joint venture (JV) to undertake works for the onshore Block SK433 field in Sarawak is deemed positive to the former despite the challenges, say analysts.
KUALA LUMPUR: UOB Kay Hian Malaysia Research expects the merger between Celcom and Digi to realise annual cost savings of RM500mil when it crystalises.
KUALA LUMPUR: MSM Malaysia Holdings Bhd (MSM) is still assessing the impact of the temporary operations suspension at its MSM Prai plant from June 8 to 15, to carry out disinfection to curb the spread of Covid-19.
KUALA LUMPUR: RHB Research has upgraded Yinson Bhd to "buy" as the latter emerged as the sole bidder for Petrobras's PDB project with a contract expected to be signed by 3Q21.
OVER the past week, Yinson Holdings Bhd has drawn investors’ attention after an entry in an online forum made some allegations about the group’s state of financials.
KUALA LUMPUR: Kejuruteraan Asastera Bhd's (KAB) indirect subsidiary Energy Optimization (Thailand) Co Ltd has secured four new projects in Thailand with a combined installed capacity of 3,912KW peak solar photovoltaic systems under the build-own-operate-transfer model.