3d ago
KUALA LUMPUR, May 13 (Bernama) -- Multi-Color Corporation (MCC) announced it has successfully completed its financial restructuring process and emerged from its prepackaged Chapter 11 proceedings with a significantly strengthened balance sheet and new equity backing.
5d ago
KUALA LUMPUR, May 11 (Bernama) -- India-based Vedanta Limited, a global leader in metals, oil & gas, critical minerals, power and technology, posted a record profit of US$2.8 billion for the financial year ended March 31, 2026, up 22 per cent year-on-year (YoY), driven by structurally strong businesses and disciplined execution. (US$1 = RM3.91)
27d ago
KUALA LUMPUR, April 20 (Bernama) -- Multi-Color Corporation (MCC), a leader in prime label solutions, has confirmed its prepackaged plan of reorganisation and expects to emerge from prepackaged Chapter 11 in the coming weeks.
1m ago
KUALA LUMPUR, April 7 (Bernama) -- RHB Investment Bank Bhd (RHB IB) has selected five Malaysian companies, namely Binastra Corporation Bhd, Eco-Shop Marketing Bhd, Kelington Group Bhd, LAC Med Bhd, and MR DIY Group (M) Bhd, as its top environmental, social, and governance (ESG) investment “Diamonds in the Rough” for 2026.
2m ago
KUALA LUMPUR, Feb 27 (Bernama) -- Neinor Homes (Neinor) reported an adjusted net profit of about 70 million euros for financial year 2025 (FY25), beating its guidance, while revenue reached 697 million euros, excluding the impact of its acquisition of AEDAS Homes. (1 Euro = RM4.57)
3m ago
KUALA LUMPUR, Feb 5 (Bernama) -- Multi-Color Corporation (MCC), a global leader in prime label solutions, has received approval from the United States Bankruptcy Court for the District of New Jersey for first day relief related to its prepackaged Chapter 11 filing on Jan 29.
3m ago
KUALA LUMPUR, Jan 29 (Bernama) -- Multi-Color Corporation (MCC) has commenced its prepackaged Chapter 11 process in the United States Bankruptcy Court for the District of New Jersey to implement a previously announced restructuring support agreement (RSA) aimed at resetting its balance sheet and positioning the company for long-term growth and investment.
3m ago
KUALA LUMPUR, Jan 28 (Bernama) -- Multi-Color Corporation (MCC), a global leader in prime label solutions, has entered into a restructuring support agreement (RSA) with holders of approximately 70 per cent of its secured first-lien debt and its equity sponsor, Clayton, Dubilier & Rice (CD&R), as part of a comprehensive financial restructuring.
5m ago
KUALA LUMPUR, Dec 8 (Bernama) -- Vedanta Resources Limited (VRL), a global transition metals, critical minerals, energy and technology company, posted stronger financial performance in the first half of fiscal year 2026 (H1FY26), with revenue rising eight per cent to US$9.367 billion, driven by favourable commodity prices and operational efficiencies. (US$1=RM4.10)
8m ago
KUALA LUMPUR, Aug 28 (Bernama) -- Axiata Group Bhd is on track to achieve a gearing ratio of 2.5 times net debt to earnings before interest, taxes, depreciation, and amortisation (EBITDA) by the end of 2026, as the level stood at 2.76 times as at June 30, 2025.
1y ago
KUALA LUMPUR, Nov 29 (Bernama) -- Axiata Group Bhd’s shares rose 3.4 per cent early Friday after the company's earnings for the third quarter of the financial year 2024 (3Q FY2024), in line with market expectations.
1y ago
KUALA LUMPUR, Nov 4 (Bernama) -- IHH Healthcare Bhd (IHH) has completed the acquisition of Island Hospital, a 600-bed facility in Penang, for an equity consideration of about RM3.9 billion.