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Business

Dialog Group may invest in petrochemical plants

KUALA LUMPUR: Dialog Group Bhd is exploring the possibility of investing in petrochemical plants within the Pengerang Integrated Complex (PIC).

Business

RAM Consultancy assigns silver rating to AmBank Group

KUALA LUMPUR: RAM Consultancy Services Sdn Bhd (RAMC), a provider of sustainability services and environment, social and governance (ESG) analytics, has assigned a Silver Sustainability Rating to AMMB Holdings Bhd (AmBank Group).

Nation

Star Media Group yet to get RM50mil despite court win

KUALA LUMPUR: The Court of Appeal has dismissed property developer JAKS Island Circle Sdn Bhd’s (JIC) bid to stop two banks from releasing RM50mil in bank guarantees to Star Media Group Bhd.

Business

Scomi Group appoints receiver and manager of SRB’s property

PETALING JAYA: Scomi Group Bhd has appointed Datuk Adam Primus Varghese Abdullah of Messrs Adamprimus as receiver and manager of the property of Scomi Rail Bhd (SRB), an indirect wholly owned subsidiary of the company, by Malayan Banking Bhd (Maybank).

Business

Cagamas to help lower Middle 40% group own homes

KUALA LUMPUR: Cagamas Holdings Bhd is exploring new business initiatives to help those in the lower Middle 40% group with good credit standing but without enough savings to own houses.

Business

Nippon Paint offers US$2.7b bid for Australia's Dulux Group

SYDNEY: Japan's Nippon Paint Holdings Co Ltd has proposed buying Australia's biggest paint maker Dulux Group Ltd for A$3.8 billion (US$2.7 billion), expanding its global footprint though entering Australia just as a housing boom falters.

Business

CIMB Research retains reduce call on AirAsia Group

KUALA LUMPUR: CIMB Equities Research is maintaining its reduce call on AirAsia Group as oil prices continue to move higher and forecast dividends from the Castlelake transaction may be lower than thought.

Business

KIP Group eyeing four new shopping malls

SUNGAI BULOH: Property developer KIP Group will see the number of shopping malls in its portfolio increase to 12, from eight currently, over the next three years.