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BANGKOK: Thailand’s biggest electric-vehicle (EV) venture has stayed mostly in gear during the Covid-19 pandemic, with Energy Absolute Pcl continuing construction on a lithium-ion battery plant and vehicle development. The company’s EV-boat prototypes are now being river-tested.
PETALING JAYA: Petronas Dagangan Bhd’s (PetDag) scope for dividend payments is set to continue, considering that it has sufficient cash balance and reserves
LONDON: Marks & Spencer Group Plc (M&S) said it’s outperforming its worst-case coronavirus scenario in a positive sign for a United Kingdom retailer that’s going through the latest of a series of turnaround programmes.
PETALING JAYA: The share price of Pharmaniaga Bhd added 34 sen in yesterday’s trading after a 14% increase in pretax profit for its first quarter
KUALA LUMPUR: Kumpulan Powernet Bhd (KPower) has proposed to undertake a private placement of its shares worth RM51.31mil to individuals and entities, of which the proceeds are to be utilised for working capital for construction business, general working capital and estimated expenses in relation to the proposals
PETALING JAYA: The 30% earnings growth of Malayan Banking Bhd’s (Maybank) Indonesian arm for the first quarter ended March 31 came largely in line with market expectations.
With the coronavirus pandemic turning the world’s economy upside down, analysts and investors have a lot of questions, and companies are doing their best to answer them
PETALING JAYA: Rhone Ma Holdings Bhd, which is currently in the business of animal health services as well as the manufacturing and distribution of animal health products, is targeting to venture into the fresh milk production business.
PETALING JAYA: MMC Corp Bhd posted 8% increase in net profit to RM57.88mil for the first quarter ended March 31, from RM53.52mil a year earlier despite lower revenue recorded.