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Conglomerate exits non-core assets for RM181.6mil
KUALA LUMPUR: Sime Darby Bhd's unit is divesting its stakes in three joint ventures operating three river ports in Jining in the Shandong province of China for RM181.6mil as it seeks to exit its non-core assets.
PETALING JAYA: Phee Jinq En is risking everything to compete at next year’s Olympics.
PETALING JAYA: AmInvestment Research is maintaining Maxis’ “hold” rating with an unchanged discounted cashflow (DCF) derived fair value of RM5.50 a share.
KUALA LUMPUR: AmInvestment Research is maintaining Maxis’ Hold rating with an unchanged discounted cashflow (DCF) derived fair value of RM5.50 a share.
EVEN before the Covid-19 pandemic, rentals in retail outlets in some areas were already sluggish due to oversupply. The pandemic dealt a killer blow as retail outlets saw shopper traffic falling by as much as 50%.
PETALING JAYA: The two-year moratorium on the issuance of courier service licences will ease some pressure on earnings for existing players such as Pos Malaysia Bhd and GD Express Carrier Bhd (GDex).
Indonesians are angry over an employment bill that seeks to attract investment from within and outside the country by repealing some regulations that are seen as complicating business operations including protection of workers' rights.
AMONG the handful of stocks in the telecommunications circle, Axiata Group Bhd stands out because its shares have been trending southwards, touching a ten-year low of RM2.88 this week.
TOKYO: A joint battery venture of Toyota Motor Corp and Panasonic Corp on Tuesday said it will produce lithium-ion batteries for hybrid cars at a plant in Western Japan from 2022 to meet growing demand for electric vehicles (EV).