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KUALA LUMPUR: AEON Co. (M) Bhd more than doubled its profits in the third quarter ended Sept 30, as improved retail margin offset lower sales.
KUALA LUMPUR: Foreign selling on Bursa Malaysia rose marginally to RM268.8mil for the week ended November 20 compared with RM246.32mil a week before, according to MIDF Research.
KUCHING: Borneo Oil Bhd plans to invest RM20mil to expand its food and franchise operations (FFO), particularly the home-grown SugarBun fast food restaurant chain business in Malaysia.
KUALA LUMPUR: Spring Art Holdings Bhd will launch its business-to consumer (B2C) website in February next year for its ready-to-assemble (“RTA”) furniture products.
Foreign investors, local institutions making their way back
NEW YORK: The S&P 500 and Dow Jones industrial average notched record closing highs on Monday as news of another promising coronavirus vaccine fanned hopes of eradicating COVID-19, while spiking infections and new shutdowns threatened to hobble a recovery from the pandemic recession.
KUALA LUMPUR: Foreign funds remained net sellers on Bursa Malaysia in the week ended Nov 13 at RM246.32mil and pushing the year-to-date selling to RM23.13bil, according to MIDF Equities Research.
PETALING JAYA: RHB Banking Group #JomSapot campaign continues to attract interest from small and medium enterprises (SME), registering a growing list of more than 5,500 business outlets in various segments.
TOKYO: Walmart Inc is selling a majority stake in Japanese supermarket chain Seiyu to investment firm KKR and e-commerce company Rakuten for over $1 billion, after years of struggling to make money amid stiff competition.