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GEORGE TOWN: Texchem Resources Bhd will close down unprofitable Sushi King outlets in the country in 2020.
MORE than 15 years after Muhibbah Engineering (M) Bhd (MEB) received Construction Industry Development Board (CIDB) Malaysia’s International Achievement Award, it still retains its position among the top Malaysian construction companies for its global reach.
KUALA LUMPUR: Astramina Group Bhd has emerged as a Bursa Malaysia-listed halal seasoning product manufacturer following its Leading Entrepreneur Accelerator Platform or Leap market debut.
KUALA LUMPUR: UOB Kay Hian Malaysia Research has added IJM Plantations (IJMP) and Genting Malaysia to its December 2019 alpha picks as it expects a listless month and not much window dressing.
PETALING JAYA: Leong Hup International Bhd’s (LHI) net profit rose 26% to RM44.38mil in the third quarter ended Sept 30,2019 (3Q19) from RM35.20mil a year ago on the back of improvement in group revenue.
KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) said global economic weakness amid rising geopolitical tensions and on-going trade war issues has impacted demand, as the national energy company reported a 52% drop in third quarter pre-tax profit.
KUALA LUMPUR: Leong Hup International Bhd posted a much improved set of financial results in the third quarter ended Sept 30,2019, underpinned by an improvement in broiler chickens and eggs and livestock feed prices.
SINGAPORE: South-East Asian payments platform 2C2P Pte Ltd, which helps airlines, travel companies and online shopping malls handle payments from customers in the region, has raised US$52mil from investors including the World Bank’s International Finance Corp, Cento Ventures and Arbor Ventures to fund expansion.
THE largest shareholder of Mudajaya Group Bhd, and the reason behind the surge in its share price of late, is in the midst of reviewing the group’s plans and its direction for the future.
SINGAPORE: Carousell, a Singapore-based online marketplace that lets people buy and sell second-hand goods, has agreed to combine with Telenor ASA’s 701Search in a deal that values the merged company at more than US$850mil.