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KUALA LUMPUR: The Employees Provident Fund (EPF) is reported to be buying UK's Sports Direct warehouse for £120mil or RM562mil.
KUALA LUMPUR: An on-line database of reported stolen and total loss vehicles will be available for checking by insurers and takaful operators at all points of sale, Persatuan Insurans Am Malaysia (PIAM) said today.
PETALING JAYA: CI Holdings Bhd (CIH) said a reported offer price of US$200mil (RM600mil) for its subsidiary Permanis Sdn Bhd, as mentioned in recent news articles on a potential acquisition attempt by Japanese beverage giant Asahi Group Holdings Ltd, is too low.
VEVEY, Switzerland: Swiss food and drinks company Nestle SA reported a full-year net profit of 10.4 billion Swiss francs (US$9.55 billion) Friday, a significant drop from the 18 billion francs it earned the previous year when it benefited from the sale of part of its stake in eye care company Alcon.
STOCKHOLM: Swedish truck maker AB Volvo on Tuesday reported its third consecutive quarterly loss as sales plunged by one-third amid weak demand in the April-June period.
AT the heart of RHB Capital Bhd's (RHB Cap) business philosophy is corporate responsibility (CR) with a focus on children-centric initiatives.