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PETALING JAYA: The single largest shareholder and chief executive officer of Watta Holding Bhd has launched a conditional mandatory takeover offer for the company at 50 sen per offer share.
PETALING JAYA: The recent surge in condom maker Karex Bhd’s share price has put the company under the spotlight.
LONDON: BP cut its dividend for the first time in a decade after a record US$6.7bil second-quarter loss, when the coronavirus crisis hammered fuel demand, and it sought to win over investors by speeding up its reinvention as a lower carbon company.
KUALA LUMPUR: Worldwide sales of semiconductors rose by 5.1% in June to US$34.5bil from US$32.9bil a year ago on stronger growth in the Americas but uncertainties persist in the second half.
PETALING JAYA: MIDF Amanah Investment Bank Bhd has announced the appointment of Imran Yassin Md Yusof as the head of MIDF Research with effect from July 7.
BERLIN: German chipmaker Infineon reported forecast-beating third-quarter revenue on Tuesday, sending its shares higher as CEO Reinhard Ploss said that the worst of the auto industry slump had passed.
KUALA LUMPUR: Proton sold 13,216 cars in July this year, which was its highest since June 2012 as Malaysia recorded a rebound in car sales due to f tax free incentives and consumer demand.
LONDON: BP cut its dividend on Tuesday for the first time in a decade after reporting a record $6.7 billion loss in the second quarter as the coronavirus crisis hammered energy demand.
KUALA LUMPUR: Hartalega Holdings Bhd's net profit jumped 132% to RM219.72mil in the first quarter ended June 30,2020from RM94.06mil a year ago, underpinned by higher sales revenue, on the back of increased sales volume and higher average selling price.