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KUALA LUMPUR: SP Setia Bhd has acquired 57 acres of freehold land in Cyberjaya from Cyberjaya’s master developer, Setia Haruman Sdn Bhd, for RM177.5mil.
KUALA LUMPUR: MISC Bhd has allocated US$4bil in capital expenditure (capex) over the next five years with the aim of securing more floating production storage and offloading (FPSO), and shuttle tankers projects.
KUALA LUMPUR: Petronas Dagangan Bhd will have Datuk Seri Syed Zainal Abidin Syed Mohamed Tahir as its new managing director and chief executive officer.
KUALA LUMPUR: Gamuda Bhd has appointed investment banker Mohammed Rashdan Yusof as deputy group managing director in charge of its sprawling property business.
THE odds do not seem to favour technology-based stocks overall at present, with market leaders such as Apple Inc tanking to a near-2½-month low.
THE highest oil prices in years are increasing expenses for companies that had grown used to low energy costs since crude’s 2014 tumble, while the turnabout is proving to be a boon for some businesses.
AMERICA’S biggest banks are among the most leveraged financial institutions operating in the country today.
A CONSISTENT performer and market leader in the food and beverage (F&B) industry, Nestle (Malaysia) Bhd is on track for another strong performance this year.
Caterpillar Inc, the world’s number one manufacturer of heavy equipment and power systems, has been a solid performer for local conglomerate Sime Darby Bhd for many years.
GLOVE maker Supermax Corp Bhd may have gotten its “mojo” back. After nearly two years in downtrend, halving in value, the stock has charged by almost 44% in the last four months. This was despite the volatility and uncertainties in the local bourse year-to-date.