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BUSINESS News List

 
 

Suspension of trading in Maxwell to continue

KUALA LUMPUR, Dec 3 (Bernama) -- Trading in the securities of Maxwell International Holdings Bhd remains suspended.

 

First Net has good Financial Strength Rating - A.M. Best

KUALA LUMPUR, Dec 3 (Bernama) -- A.M. Best -- a global rating agency and information provider -- has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of ‘bbb+’ of First Net Insurance Company (First Net) Guam.

 

Xiuzhan Zhu is Borgward new CEO

KUALA LUMPUR, Dec 3 (Bernama) -- The Supervisory Board of Borgward Group AG has appointed Xiuzhan Zhu as Chief Executive Officer of the company effective Nov 6, 2018.

 

UMW to sell Shah Alam land for RM287.7 mln

Furthermore, the proposed movement of the group’s operating companies from Shah Alam to the UMW High Value Manufacturing Park will help boost and support green-field and brownfield manufacturing investments by top-tier investors.

 

China´s Yili buys Thailand´s largest domestic ice cream company

KUALA LUMPUR, Dec 3 (Bernama) -- China’s leading dairy company -- Yili Group -- has bought Chomthana -- Thailand’s largest domestic ice cream company recently.

 

Proton maintains TIV market share of above 10 pct in November

Proton is continuing its zero SST pricing policy for all current models to make it easier for our customers to own a Proton car. Unfortunately, there was a supply constraint in November, limiting the number of cars we could deliver.

 

Daimler to buy MBM stake from Cycle & Carriage for RM66 mln

All dealerships will continue to provide you with quality sales and aftersales services in accordance with the strictest Mercedes-Benz quality standards supported by MBM.