AirAsia Acquires 50% Stake In Travel Planning Startup Touristly
Sepang, April 20 – AirAsia Berhad is acquiring a 50% stake in online travel planner Touristly Travel Sdn Bhd (Touristly) through an asset injection and loan deal valued at RM11.5…
Global Trade: Trade First! (Avoiding An Own Goal)
Kuala Lumpur, April 20 – US President Trump’s ‘America First’ policy is not unique; protectionism has crept up since the 2008-09 global financial crisis as G20 countries have stealthily ramped…
Petronas Dagangan Berhad Registers Record Profit In 34 Years
Kuala Lumpur, April 20 – Petronas Dagangan Berhad (PDB) wrapped up the financial year ended 31 December 2016 with a record profit before tax of RM1,212.3 million, an increase of…
Scomi Forms A Joint Venture To Expand Into Hydro And Wind Power Industries
Petaling Jaya, April 20 – Scomi Group Bhd through its wholly-owned subsidiary, Scomi International Private Limited (SIPL) yesterday entered into a Joint Venture Agreement with South Asia Logistics Services Limited…
Malakoff’s Revenue Increased 15% In Fy2016
Kuala Lumpur, April 20 – Malakoff Corporation Berhad recorded an increase of 15% in revenue to RM6,098.4 million in financial year 2016 from RM5,302.0 million in financial year 2015 (“FY2015”).…
Hua Yang Acquires Additional 20.12% Investment Stake in Magna Prima
Kuala Lumpur, April 20 – Hua Yang Berhad yesterday announced that the Group, via its wholly-owned subsidiary company, Prisma Pelangi Sdn Bhd, had acquired an additional 20.12% investment stake in…
TM Awarded Telecom Service Provider Of The Year Award
Kuala Lumpur, April 19 – Telekom Malaysia Bhd (TM) once again bagged the coveted award, Telecom Service Provider of the Year at the recent 2017 Frost & Sullivan Malaysia Excellence…