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Denmark’s DSV to buy logistics company Panalpina

COPENHAGEN: Swiss logistics group Panalpina has bowed to an increased 4.6 billion Swiss francs (US$4.6bil) bid from Danish rival DSV, ending a more than two-month takeover battle designed to build scale in the consolidating transport sector.


Company turns to ECF for funds

ECOTECH Sales & Services Sdn Bhd is aiming to be the largest air-conditioner servicing company in Malaysia. And founder Yeo Weng Keong believes it can do this with an app ­– Airforce.


Five ex-FGV Holdings directors file defence and counter suit against the company

PETALING JAYA: Five former FGV Holdings Bhd directors have filed their defence and a counter suit against the company, adding that they were seeking the same amount of damages filed against them.


Perak MB: Company may be new, but directors had necessary experience for forest project

PERAK TENGAH: The decision to grant some 400ha of land to a newly-formed company for a forest plantation development project at Kledang Saiong Forest Reserve was based on the experience of its management, not the year it was set up, says Perak Mentri Besar, Datuk Seri Ahmad Faizal Azumu.


Foreign efforts to influence 2018 U.S. elections on Twitter 'limited' - company

SAN FRANCISCO (Reuters) - Twitter Inc took down nearly 6,000 tweets during last November's U.S. congressional elections, most of which were attempting to suppress the vote through intimidation or sharing false information, the company said on Thursday.


Company heads accused of bribery out on MACC bail

PUTRAJAYA: Two company directors, one with a “Datuk” title, have been released after being remanded for five days to facilitate the investigations into bribery and false claim case involving RM1.8mil.


Two company directors, senior manager released on MACC bail

PUTRAJAYA (Bernama): Two company directors - one of whom with a "Datuk" title - were released on Sunday (Jan 27) after being remanded for five days to assist investigations into bribery and false claim case involving RM1.8mil.

AseanPlus News

Jpop idol’s assault case: management company official fired

TOKYO (AP): An official from the management company of Japanese idol group AKB48 and its spinoff groups has been replaced, amid condemnation over the company’s tepid handling of a case of home assault against one of its singers.

Corporate News

Ex-billionaire Singh brothers found to have defrauded company

MUMBAI: India’s stock market regulator has determined the former owners of the nation’s second-largest hospital chain defrauded the company of 4 billion rupees ($54.3 million) and ordered that they return it.

Corporate News

Utusan is now a PN17 company

PETALING JAYA: Umno-linked media company Utusan Melayu (M) Bhd has been classified as a Practice Note 17 (PN17) company, denoting its financials were inadequate as a listed entity.