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CHICAGO: LafargeHolcim Ltd has joined the bidding for BASF SE’s construction chemicals business, according to sources, as chief executive officer Jan Jenisch seeks to diversify Europe’s largest cement maker.
KUALA LUMPUR: The new substantial shareholders in Kumpulan Powernet Bhd, led by billionaire Datuk Mohd Abdul Karim Abdullah, have taken management control of the company.
PETALING JAYA: Gamuda Bhd’s net profit fell 14.6% to RM176mil in the third quarter ended April 30 from RM206.1mil in the corresponding quarter last year.
KUALA LUMPUR: Straits Inter Logistics Bhd has expanded its fuel bunkering business into the country’s third-biggest port in Bintulu, with the new venture expected to deliver a stable recurring income for the group for the next three years.
KUALA LUMPUR: Straits Inter Logistics has entered into a provision of bunkering services agreement with Bintulu Port Sdn Bhd (BPSB) for a contract period of three years, with the option to renew for not more than two years to be mutually agreed upon.
KUALA LUMPUR: George Kent (M) Bhd’s (GKent) shares fell 2.7% in early trade on Wednesday after its earnings fell 37% in the first quarter ended April 30.