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THE East Coast Rail Link (ECRL) and the Mass Rapid Transit 2 (MRT2) projects will proceed. But worries that some mega infrastructure projects could be reviewed or delayed, given the government’s stretched finances, have cast uncertainty over the construction sector.
PETALING JAYA: Yinson Holdings Bhd’s plan to acquire a 37.5% stake in India’s Rising Solar Energy (RSE) marks the group’s entry into the Renewable Energy (RE) space with a brownfield, cashflow-proven concession business.
PETALING JAYA: Yinson Holdings Bhd has started to see selling pressure following the termination of its proposed contract to operate a vessel for Aker Energy Ghana Ltd’s Pecan project in Ghana.
PETALING JAYA: The Insolvency Department has offered a six-month moratorium on monthly payments for bankrupts to assist them during the current economic situation in light of the Covid-19 pandemic.
E.l.f. Beauty buys clean beauty brand W3II People with the strategic aim of expanding its clean beauty segment.
KUALA LUMPUR: Wong Engineering Corp Bhd (WECB) plans to acquire a 35% stake in a company controlled by its its substantial shareholder Ong Yoong Nyock.
BA RIA-VŨNG TÀU (Vietnam News/ANN): Authorities in the Ba Ria-Vũng Tàu Province have been asked to speed up procedures so that investors can be sought for important projects.
KUALA LUMPUR: JF Apex Research expects LBS Bina Group Bhd and SCGM Bhd to be among the stocks to watch on Tuesday.
Amazon.com Inc is offering higher pay to recruit its own warehouse employees to pick and pack Whole Foods groceries amid rising demand and a worker shortage, according to an internal document.
HANOI: Last year, VinaCapital’s flagship fund, Vietnam Opportunity Fund (VOF), invested US$25 million in a private hospital operator, Tâm Trí Medical Joint Stock Company.