<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Jan 20): Fraser &amp; Neave Holdings Bhd (F&amp;N) has allocated THB300 million (RM32.89 million) in capital expenditure to support the double digit revenue growth of its Thai dairy division.</p></div>

<div class=newsTextDataWrapInner><p>According to its new CEO Lim Yew Hoe, the sum allocated will be used to expand the company's production capacity in Thailand by adding one tall can packaging line for evaporated milk.</p></div>

<div class=newsTextDataWrapInner><p>"We want to take advantage of the growth in the evaporated milk segment in Thailand. The expansion will support our double digit growth from Thailand," he said.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>The capex is in addition to the RM50 million set aside for maintenance of all its other operations in Malaysia and Thailand.<br />
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KUALA LUMPUR (Jan 20): Fraser & Neave Holdings Bhd (F&N) has allocated THB300 million (RM32.89 million) in capital expenditure to support the double digit revenue growth of its Thai dairy division.

According to its new CEO Lim Yew Hoe, the sum allocated will be used to expand th...

F&N allocates RM32.89 mln for new Thai packaging line

(April 25): Goldman Sachs Group Inc plans to hire “steadily” in Asia to cater to the growing number of family offices and super-rich in the region, The Straits Times reported on Thursday.

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KUALA LUMPUR (April 25): Agricore CS Holdings Bhd, a food ingredients supplier, has obtained approval from Bursa Malaysia Securities Bhd to list on its ACE Market.

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Investors are looking for the next policy domino to fall in Asia amid an escalating campaign against a resurgent dollar, after Indonesia used a surprise interest rate hike to defend the rupiah.

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(April 24): Some of the world's largest solar equipment makers asked President Joe Biden's administration on Wednesday to impose tariffs on panels and cells from four Asian countries, to protect billions of dollars in investments in US manufacturing.

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KUALA LUMPUR (April 25): YTL Corp Bhd, whose share price has surged over 42% year to date, “remains undervalued”, though there is a strong potential upside for the utilities-to-resorts conglomerate, said Hong Leong Investment Bank Bhd (HLIB).

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<p>Binance co-founder Changpeng Zhao is facing up to three years in prison, if efforts by US prosecutors to secure his sentencing prove successful. More than 160 friends, colleagues and investors are determined for the crypto executive to escape incarceration entirely.</p>


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<p>KUALA LUMPUR (April 25): YTL Corp Bhd, whose share price has surged over 42% year to date, “remains undervalued”, though there is a strong potential upside for the utilities-to-resorts conglomerate, said Hong Leong Investment Bank Bhd (HLIB).</p>


<p>Benchmark S&amp;P 500 closed higher in choppy trading on Wednesday, as investors weighed an uptick in Treasury yields amid positive corporate results particularly from technology giants.</p>


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<p>CapitaLand Malaysia Trust (CLMT) reported a 63% in its first quarter net property income to RM63.98 million from RM39.24 million a year ago, driven by full quarter revenue contribution from Queensbay Mall, higher occupancies and positive rental reversions.</p>


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<p>KUALA LUMPUR (April 25): Mega First Corp Bhd shares have likely peaked following a recent rally to new all-time highs, and investors should stop buying the stock now, Maybank Investment Bank (Maybank IB) said and downgraded the stock to ‘hold’.</p>

<p>Maybank IB is the first from a total of fi...

Mega First shares likely peaked; Maybank IB the first to downgrade stock

<p>Singapore's Keppel said on Thursday its first-quarter net profit excluding the effects of legacy offshore and marine assets was higher, boosted by strong performance in the global asset manager's infrastructure and connectivity segments.</p>


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<p>RHB Retail Research said Naim Holdings Bhd is likely to resume its uptrend after the recent consolidation above the 97.5 sen breakout level.</p>


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<p>Wireless carrier Axiata Group Bhd and conglomerate PT Sinar Mas Group are moving forward with plans to merge their telecommunications operations in Indonesia, people familiar with the matter said.</p>


<p>Synergy House Bhd may trend higher after breaking out from its one-week bullish rectangular pattern two sessions ago, to a new all-time high.</p>


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<p>Visa Inc recently reported impressive fiscal second quarter 2024 results, with net revenue increasing by 10% and payments volume growing by 8%.</p>


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<p>Venice becomes the first city in the world on Thursday to introduce a payment system for tourists in an effort to thin the crowds that throng the canals during the peak holiday season.</p>


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<p>Mark Zuckerberg is asking for investors to stay patient. Again.</p>

<p>After Meta Platforms Inc revealed that it will spend billions of dollars more than expected this year — fueled by investments in artificial intelligence — the company’s chief executive officer did his best to soothe Wall Street.</p>
