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KUALA LUMPUR: Scientex Bhd posted a record high net profit of RM390.11mil in the financial year ended July 31,2020 underpinned by strong growth in its packaging manufacturing and property development segments.
KUALA LUMPUR: CIMB Bank Bhd is providing a RM270mil sustainability-linked term loan to Malaren International Sdn Bhd, a subsidiary of Singapore’s StarHub Group.
PETALING JAYA: MMAG Holdings Bhd, which made news recently for its plans to provide an integrated Covid-19 testing system, has a new major shareholder — a party connected to Bestinet Sdn Bhd, sources say.
MELAKA: Daibochi Bhd posted its highest-ever net profit of RM47.7mil for the financial year ended July 31,2020 (FY20) on the back of RM619.3mil in revenue.
BEIJING: Alibaba Group Holding Ltd unveiled a smart manufacturing and digital solutions factory on Wednesday in Hangzhou, Zhejiang province, as part of its smart manufacturing initiatives.
KUALA LUMPUR: Top Glove and banks dragged the FBM KLCI deeper into the red at the close on Thursday, in line with the weaker key Asian markets as hopes for a US stimulus programme faded after the US Federal Reserve meeting.
KUALA LUMPUR: Daibochi Bhd posted its highest-ever net profit of RM47.7mil in its financial year ended July 31, 2020, on the back of revenue of RM619.3mil owing to resilient demand for flexible plastic packaging (FPP) in the food and beverage and fast-moving-consumer-goods sectors.
KUALA LUMPUR: Shares in MMAG Holdings Bhd jumped over 20% in early trade Thursday after signing an agreement to provide total management solutions of foreign workers for China Communications Construction (ECRL) Sdn Bhd (CCCECRL).
SHANGHAI: Technology company Oracle’s bid to potentially become TikTok’s technology partner in the United States indicates that there may be technical solutions available to address US concerns instead of going to great lengths to ditch Chinese ownership, according to experts.