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Petronas Chemicals Records Higher Net Profit, Revenue For 2Q 2024

August 16, 2024

KUALA LUMPUR: Petronas Chemicals Group Bhd’s (PCG) net profit rose to RM777.0 million in the second quarter ended June 30, 2024 (2Q 2024) from RM628.0 million in the same period a year earlier.

The integrated chemicals producer said higher net profit…

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Intel Continuing With Penang Expansion Plans — Chow

August 16, 2024

GEORGE TOWN, United States (US) chip-maker Intel is continuing with its Penang expansion plans, which suggests that retrenchment is not on the table as part of its cost-cutting efforts as reported, said Chief Minister Chow Kon Yeow.

“We did not visi…

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SolarMax Extends US Presence With Major Commercial Solar Project In California

August 16, 2024

KUALA LUMPUR: SolarMax Technology Inc (SolarMax), an integrated solar energy company, signed a non-binding term sheet for a significant new commercial solar project in California.

The project, a major mall in the San Jose area, represents another ste…

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Ringgit Moving In Right Direction, Reflects Economic Fundamentals – BNM Governor

August 16, 2024

KUALA LUMPUR: The ringgit is moving in the right direction as it reflects the nation’s economic fundamentals and strong prospects, said Bank Negara Malaysia (BNM).

Governor Datuk Seri Abdul Rasheed Ghaffour said the recent spread in the ringgit’s per…

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Steel Hawk Eyes Raising RM13.50 Mln From Listing Transfer

August 16, 2024

KUALA LUMPUR: Steel Hawk Bhd has successfully launched its prospectus in conjunction with its upcoming listing transfer from the LEAP Market of Bursa Malaysia Securities Bhd to the ACE Market with a target to raise RM13.50 million.

The oil and gas se…

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