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KUALA LUMPUR: My E.G. Services Bhd posted a RM75.5mil in the fourth quarter ended Dec 31, boosted by its road transport concessions and new businesses including Covid-19 health screenings and quarantine services.
Kuala Lumpur: Analysts said the unknown pace of vaccination programmes mean the world's largest medical gloves maker could command a higher price for its stock by listing sooner rather than later, while the firm when announcing its plan on Friday talked up post-pandemic sales likely exceeding pre-pandemic levels.
KUALA LUMPUR: Datasonic Group Bhd has teamed up with a partner in Vietnam to target electronic passport and other ICT projects.
KUALA LUMPUR: BIMB Investment Management Bhd launched the Makmur myWakaf Fund (MWF) on Wednesday which is for investors who wish to channel a part of their investment returns for wakaf purposes to underprivileged communities in Malaysia.
KUALA LUMPUR: MISC Bhd’s first very large ethane carrier (VLEC) Seri Everest, successfully completed its first cargo discharge at Lianyungang port, in the Jiangsu province of China.
WASHINGTON: GlobalFoundries will invest $1.4 billion this year to raise output at three factories in the United States, Singapore and Germany, as a global shortage of semiconductors has boosted demand for chips, its chief executive said.
TOKYO: A Japanese fund backed by veteran activist investor Yoshiaki Murakami cancelled its offer for energy and environment firm Japan Asia Group (JAG), after pressuring private equity firm Carlyle Group to withdraw a competing bid last month.
KUALA LUMPUR: Leading lifestyle tea brand in South East Asia, Tealive is poised to enter the Cambodian market and set up 25 outlets in five years.
KUALA LUMPUR: Paramount Corp Bhd hopes the government can expedite development approvals to support the recovery of the property market and the whole economy.
PETALING JAYA: The close to RM3bil global settlement with the Malaysian government is expected to see AMMB Holdings Bhd (AmBank) slipping into the red for the current financial year ending March 31 (FY21), but analysts note that the banking group has continued to demonstrate resilience in its underlying business.