KUALA LUMPUR: ANALYSTS heaved a sigh of relief due to the latest update from Bumi Armada Bhd on its floating production storage offloading (FPSO) unit, Armada Kraken, but stopped short of making…

KUALA LUMPUR: Analysts are positive on Gamuda Bhd’s acquisition of Tam Luc Real Estate Corporation, which owns a 3.7ha mixed-use project site in Ho Chi Minh City, Vietnam, for US$315.8 million.…

KUALA LUMPUR: Malaysian Resources Corporation Bhd’s (MRCB) plan to build an electronics factory in Perlis will bring it additional recurring income for a minimum of 15 years, according to Hong…