Stock Market & Investment News

KUALA LUMPUR: YTL Power International Bhd has completed the acquisition of Tuaspring Pte Ltd’s 396MW combined cycle gas turbine power plant in Singapore. Read full story

KUALA TERENGGANU: TDM Bhd, a subsidiary of the Terengganu state government through the company’s plantation division TDM Plantation Sdn Bhd (TDMP) is exploring a new development of cash crops, namely chilli, at Ladang Tayor near here. Read full story

KUALA LUMPUR: Bonia Corp Bhd’s board of directors has adopted a dividend policy to pay at least 30% out of its consolidated profits after taxation attributable to shareholders available in each financial year. Read full story

PETALING JAYA: Perak Transit Bhd has appointed edotco Malaysia Sdn Bhd to provide services related to in-building and telecommunication solutions in buildings and land owned or managed by the Ipoh-based company’s subsidiaries. Read full story

NEW DELHI: India’s effort to break Amazon Inc and Walmart Inc’s dominance of its e-commerce sector, by establishing its own open network, has begun lining up banks and other key players needed to move it forward, sources familiar with the matter said. Read full story

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Manufacturing growth slowed last month in economies as diverse as France, Japan to Malaysia, business surveys showed on Wednesday, illustrating the challenge policymakers face in trying to combat inflation while not stifling anaemic economic activity. Read full story