Favelle Favco bags two contracts worth RM95mil

[ad_1] KUALA LUMPUR: Favelle Favco Bhd (FFB) has secured two purchase orders worth RM95mil to supply tower and offshore cranes. In a filing with Bursa Malaysia, the crane manufacturer said…

LYC Healthcare buys Cheras properties for RM4.5mil

[ad_1] KUALA LUMPUR: LYC Healthcare Bhd has proposed to acquire three units of 1½ storey light industrial factory in Cheras for RM4.5mil cash. In a filing with Bursa Malaysia, LYC…

Capital A names Mohamad Hafidz as AirAsia super app’s new acting CEO

[ad_1] KUALA LUMPUR: Capital A Bhd today announced the appointment of Mohamad Hafidz Mohd Fadzil as the acting chief executive officer (CEO) of airasia Super App, succeeding Amanda Woo, who…

F&N seals exclusive rights for Nestle’s Bear Brand sterilised milk in Cambodia

[ad_1] KUALA LUMPUR: Fraser & Neave Holdings Bhd (F&N) has secured extended rights from Societe Des Produits Nestle S.A. and Nestec S.A. (Nestle) as the exclusive manufacturer and distributor for…

Duopharma expects operational costs to rise in 2023

[ad_1] PETALING JAYA: Duopharma Biotech Bhd, which wrapped up financial year 2022 (FY22) on a strong note with record high revenue and net profit, expects operational costs to increase in…

Top Glove plans to raise ASPs

[ad_1] PETALING JAYA: Despite weak demand, Top Glove Corp Bhd is expected to increase the average selling prices (ASPs) of its gloves soon. The move by the world’s largest glove…

FWD insurer filing Hong Kong IPO application again

[ad_1] HONG KONG: FWD Group Holdings Ltd, the pan-Asian insurance company owned by Hong Kong billionaire Richard Li, is planning to file for an initial public offering (IPO) in the…

Bermaz Auto net profit jumps to RM87.29mil in 3Q on Mazda sales

[ad_1] KUALA LUMPUR: Bermaz Auto Bhd’s (BAuto) net profit jumped to RM87.29 million in the third quarter ended Jan 31, 2023 (Q3 FY2023) from RM40.71 million in the same period…

KPJ Healthcare issues RM555mil sustainability sukuk wakalah

[ad_1] KUALA LUMPUR: KPJ Healthcare Bhd via wholly owned subsidiary Point Zone (M) Sdn Bhd has issued its inaugural sustainability sukuk wakalah of RM555 million in nominal value in accordance…

GVC allows SMEs to access Bank Negara’s RM2bil green fund

[ad_1] THE Greening Value Chain (GVC) programme will enable suppliers to access Bank Negara’s RM2bil Low Carbon Transition Facility (LCTF) to fund small and medium enterprise (SME) working capital or…