FGV’s proposal to acquire RM1.2bln Pontian United now unconditional
KUCHING: Felda Global Ventures Holdings Bhd’s (FGV) proposal to acquire Sabah planter Pontian United for RM1.21 billion via a voluntary…
Browsing: Business
Nokia to sell phone unit to Microsoft for 5.44 bln euros
HELSINKI: Beleaguered Finnish company Nokia announced yesterday the sale of its mobile phone unit to Microsoft for 5.44 billion euros…
Foreign firms in China beef up compliance
BEIJING/SHANGHAI: Foreign companies in China are getting increasingly jumpy about a spate of antitrust and corruption investigations by Chinese authorities…
Japan’s Kanebo kept shipping cosmetics after recall decision
TOKYO: Japanese cosmetics company Kanebo on yesterday admitted it had continued shipping products blamed for skin blotches for a week…
SNB shield reaps reward of growth defying euro area
ZURICH: Switzerland’s economy defied the recession that afflicted its neighbors to notch up a year of uninterrupted growth, underlining the…
Sarawak Cable wins two 500kV packages
KUCHING: Sarawak Cable Bhd’s (Sarawak Cable) announces that it won two 500kV packages worth RM620 million from Sarawak Energy (SEB).…
Shin Yang sees 4QFY13 revenue increase despite declining bottomline
KUCHING: Shin Yang Shipping Corporation Bhd’s (Shin Yang) sees its revenue for the fourth quarter of the financial year 2013…
WTK to leverage on rising log, plywood prices
KUCHING: WTK Holdings Bhd (WTK) is set to leverage on the improving prices of log and plywood as the prospects…