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KUALA LUMPUR: Credit reporting company CTOS Digital Bhd is buying a 4.6% stake in rating agency RAM Holdings Bhd from CIMB Bank Bhd for RM10.05mil.
KUCHING: Petroleum Sarawak Exploration and Production Sdn Bhd (PSEP), together with Sarawak Shell Bhd and Petronas Carigali Sdn Bhd, have been awarded the SK437 production sharing contract (PSC) off the coast of Sarawak.
SINGAPORE: Keppel Capital, the asset management arm of Keppel Corp, has secured an aggregate of US$600mil (RM2.5bil) in separate managed accounts (SMA) from international financial institutions.
ZURICH: Food giant Nestle and U.S. coffee chain Starbucks are extending their partnership to launch ready-to-drink coffee beverages in markets across Southeast Asia, Oceania and Latin America, the two partners said.
KUALA LUMPUR: JF Apex Research expects Kejuruteraan Asastera Bhd (KAB), T7 Global Bhd, Unisem (M) Bhd, Central Global Bhd, CIMB Group Holdings Bhd, UMW Holdings Bhd and BCM Alliance Bhd to be among the stocks to watch on Tuesday.
PETALING JAYA: Tiong Nam Logistics Holdings Bhd’s move to cut its stake in a non-core business will reduce further earnings erosion for the group as it focuses on its core profitable logistics operations
KUALA LUMPUR: The expected delay for Edra Energy Sdn Bhd to start its 2,242MW combined-cycle, gas turbine (CCGT) power plant in Alor Gajah, Melaka will not pose a credit concern in the immediate term, according to RAM Ratings.