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Expanded capacity to drive growth
LEAD-frame manufacturer Amlex Holdings Bhd is looking at realigning its revenue sources by expanding its business in the automotive lighting segment.
SAM ramps up production
GEORGE TOWN: SAM Engineering & Equipment (M) Bhd (SAMEE) is ramping up production at its facilities in Penang and Singapore this year to fulfil its RM3.1bil order book.
China property investors shift focus from Vancouver to Toronto
TORONTO: Chinese investment in Vancouver commercial property from companies such as Anbang Insurance Group Co has slumped amid a flood of regulations, with investors looking to Toronto instead.
Hard Rock, Genting may eye for control of Crown
SYDNEY: Forced to anchor in licensed clusters in Las Vegas and Macau, the world’s biggest casino operators rarely get a free shot at expansion. That’s why a once-in-a-generation opportunity to buy established resorts in Australia could escalate into a bidding war.
Aspen plans Seri Kembangan development
GEORGE TOWN: Aspen (Group) Holdings Ltd plans to develop a RM300mil residential development scheme in Seri Kembangan with Selangor Agricultural Development Corp (PKPS) as part of its strategy to penetrate into the central region.
Hard Rock, Genting may vie for control of Crown
SYDNEY: Forced to anchor in licensed clusters in Las Vegas and Macau, the world’s biggest casino operators rarely get a free shot at expansion. That’s why a once-in-a-generation opportunity to buy established resorts in Australia could escalate into a bidding war.
Rakuten upbeat on stock market outlook this year
GEORGE TOWN: The stock market outlook in Malaysia is expected to be bright this year, according to Rakuten Trade Sdn Bhd.
IMF chief says Brexit delay averts terrible outcome
WASHINGTON: The six-month delay of Britain's exit from the European Union avoids the "terrible outcome" of a "no-deal" Brexit that would further pressure a slowing global economy but does nothing to lift uncertainty over the final outcome, the head of the International Monetary Fund said on Thursday.
S&P 500 closes near record high as earnings season begins in earnest
NEW YORK: U.S. stocks closed near record highs on Friday after the largest U.S. bank, JPMorgan Chase & Co, soothed worries that the first-quarter earnings season would dampen Wall Street's big rally back from last year's slump.
RGB to grow gaming concession business
GEORGETOWN: RGB International Bhd is pressing ahead with the expansion of its gaming machine concession business overseas, albeit at a reduced budget this year after a capital-raising plan was put on hold due to tough market conditions.
