E-commerce giant Alibaba to open sesame with IPO
SHANGHAI: As Alibaba chief Jack Ma steps aside after building the world’s largest online retailer, the Chinese firm is preparing…
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Sony books first annual net profit in five years
TOKYO: Struggling Japanese electronics giant Sony yesterday said it booked its first annual net profit in five years, offering a…
Matrix Concepts set to woo RM1 bln more foreign investments Sendayan TechValley
KUALA LUMPUR: Property developer, Matrix Concepts Holdings Bhd (Matrix Concepts), en route for main board listing on Bursa Malaysia, is…
Strong earnings growth ahead for Tune Ins says analyst
KUCHING: Tune Ins Holdings Bhd (Tune Ins), engaged in the provision of various general and life insurance products in the…
Petronas to buy two offshore blocks in Brazil for RM2.6 bln with O&G reserves
KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) will buy two offshore blocks for US$850 million (RM2.6 billion) with oil and gas…
KLIA2 to see possible six months delay
KUCHING: Malaysia Airports Holdings Bhd (MAHB) has announced that its contractors might have difficulty completing the Kuala Lumpur International 2…
F&N Aims to maintain leadership in dairy products in Malaysia
KUALA LUMPUR: Fraser & Neave Holdings Bhd (F&N) aims to maintain its leadership in the dairy, ready-to-drink and soft drinks…
F&N numbers lagging with squeeze on dairy section
KUCHING: Fraser & Neave Holdings Bhd (F&N) recorded a laggard second quarter financial year 2013 (2QFY13) net profit of RM111.7…