PETRONAS plans to expand venture capital arm with up to US$200mil – sources

[ad_1] SINGAPORE: Malaysia’s national oil company, Petroliam Nasional Bhd or Petronas, plans to expand its corporate venture capital arm by as much as $200 million as early as April, two…

KLK expects higher FFB output

[ad_1] PETALING JAYA: Kuala Lumpur Kepong Bhd (KLK) expects its fresh fruit bunches (FFB) output to hit 5.9 million tonnes for the financial year ending September 30, 2023 (FY23). This…

Setting the standards

[ad_1] Cream of the crop: ( From left to right) Joachim, SMG chief content officer Esther Ng, Mohd Zamree, Mohd Mustafa, Tengku Zafrul, Yeow, Ng, Michael Tio, SMG chief business…

Tanco enters new phase

[ad_1] ONE of the oldest listed companies on Bursa Malaysia, Tanco Holdings Bhd seems to be turning over a new leaf. Going by the company’s recent announcements, the once debt-laden…

TSMC’s Germany chip plant talks hone in on government subsidies

[ad_1] TAIPEI: Taiwan chipmaker TSMC’s talks with the German state of Saxony about building a new factory are at an advanced stage and are now focused on government subsidies to…

Sunway REIT acquires six hypermarkets for RM520mil

[ad_1] PETALING JAYA: Sunway Real Estate Investment Trust (Sunway REIT) is acquiring six hypermarkets, five within the Klang Valley and one in Johor, for RM520mil. In a statement, Sunway REIT…

Pertama Digital to raise RM87.76mil in share placement

[ad_1] KUALA LUMPUR: Pertama Digital Bhd today entered into a conditional subscription agreement with Australia’s Macquarie Bank Ltd to subscribe up to 43 million new ordinary shares in Pertama Digital…

Khazanah launches Future Malaysia Programme to support startup ecosystem

[ad_1] KUALA LUMPUR: Khazanah Nasional Bhd has launched an initiative called Future Malaysia Programme to support the local start-up ecosystem of entrepreneurs, start-ups, venture capital, and corporate venture programmes through…

Deloitte Southeast Asia appoints Eugene Ho as CEO

[ad_1] KUALA LUMPUR: Deloitte Southeast Asia has appointed Eugene Ho as chief executive officer (CEO), succeeding Philip Yuen. Ho is currently Deloitte Southeast Asia Regional managing director for consulting and…

Kobay Technology to start production

[ad_1] PETALING JAYA: Kobay Technology Bhd expects the issues of incubation stages for its two new projects – the electronic manufacturing system (EMS) and solar panels – to be resolved…