KUALA LUMPUR: Supermax Corporation Bhd’s net profit took a dive to RM13.01 million in the third quarter (Q3) ending March 31, 2022, from RM1.01 billion a year earlier as sales continued to be adversely impacted by the withhold release order (WRO) imposed by the United States coupled with the downtrend in selling prices and demand. […]
KUALA LUMPUR: Genting Plantations Bhd’s net profit surged 83% to RM116.64mil in the first quarter March 31 against RM63.73mil in the same quarter a year ago. Read full story
KUALA LUMPUR: National courier service Pos Malaysia Bhd recorded a lower net loss in the first quarter ended March 31, 2022 (Q1 FY22) at RM30.37 million from RM46.78 million a year ago. Read full story
KUALA LUMPUR: IOI Properties Group Bhd posted a net profit of RM59.72mil in the third quarter ended March 31 (3Q22) from RM178.75mil a year ago. Read full story
KUALA LUMPUR: Amanah Saham Nasional Bhd’s (ASNB) unit trust transactions and other services will be temporarily suspended from June 4 to 7, 2022. Read full story
KUALA LUMPUR: Tropicana Corp Bhd posted a net loss of RM33.39mil in the first quarter ended March 31 (1Q22) compared with a net profit of RM2.34mil in the same quarter a year ago, mainly due to its hotel business which has not fully recovered from the Covid-19 pandemic. Read full story
JAKARTA: Indonesia’s finance ministry will likely sell some of the bonds that the central bank had agreed to buy by the end of this quarter, with the rest to be sold in the second half of the year, a senior official said on Tuesday Read full story
Vietnam’s VinFast is shifting its headquarters to Singapore as the fledgling electric vehicle (EV) maker readies for a potential public listing and the first production run of cars for U.S. and European markets, its chief executive told Reuters. Read full story