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PETALING JAYA: Hai-O Enterprise Bhd is proposing an internal reorganisation exercise that will see Beshom Holdings Bhd assuming its listing status and becoming the investment holding vehicle for Hai-O.
Economists divided on why central bank should maintain or cut rate
KUALA LUMPUR: OCBC Bank is expecting Bank Negara Malaysia (BNM) to turn more downbeat on the Overnight Policy Rate (OPR), noting a heightened chance of a rate cut of down to 1.5 per cent from the current 1.75 per cent in the upcoming meeting this Wednesday due to recent events.
KUALA LUMPUR: UOB Asset Management (M) Bhd (UOBAM Malaysia) has launched the United Great Dragon Fund to provide retail investors with access to China-listed companies set to become the future growth drivers of China’s economy.
SINGAPORE: Singapore's economic contraction is expected to have moderated in the fourth quarter, as the city-state lifted more coronavirus-related curbs due to a drop in local infections.
PETALING JAYA: Timber products company NWP Holdings Bhd will be diversifying at the automotive and property management and development businesses as it sets to ink two new deals that will see it venture into new businesses by tapping into the expertise of its directors.
KUALA LUMPUR: NWP Holdings Bhd has uplifted the suspension of its group CEO Datuk Seri Kee Soon Ling after considering his written explanation over an alleged breach of fiduciary duty.