FORT COLLINS, Colo., Feb 28 (Bernama-BUSINESS WIRE) — Advanced Energy Industries, Inc. (Nasdaq: AEIS) – a global leader in highly engineered, precision power conversion, measurement and control solutions – announces that its newest facility in Penang, Malaysia has begun commercial operations and started to deliver products to our customers. Situated in the…

KUALA LUMPUR, Feb 28 (Bernama) — UMW Holdings Berhad on 27 February 2020 reported an increase in its consolidated revenue and profit for financial year 2019; as the Aerospace business turned profitable during the year.  Performance was further boosted by higher sales in the Automotive, Auto-Components and Lubricants businesses; as well…

Promote Economic Accelerator Projects along ECRL Corridor KUALA LUMPUR, Feb 27 (Bernama) — The Malaysian Investment Development Authority (MIDA), in collaboration with the East Coast Economic Region Development Council (ECERDC), UOB Malaysia and Viknesh & Yap Law Firm, organised a briefing session namely, “The Growing and Expanding Opportunities in the East…

KUALA LUMPUR, Feb 27 (Bernama) — BIMB Holdings Berhad (“BHB”) turned in another year of record earnings, with Group PBZT breaching RM1.2 billion or 13.1% higher, for the financial year ended 31 December 2019 (“FY2019”).  Both Islamic banking and takaful businesses performed strongly. Earnings per share rose to 44.75 sen…

KUALA LUMPUR, Feb 27 (Bernama) — Dato’ Sulaiman Mohd Tahir (Dato’ Sulaiman), AmBank Group Chief Executive Officer said, “AmBank Group is pleased to once again outpace the macroeconomic and geopolitical headwinds plaguing the sector with a RM1.09 billion profit for the first nine months of our 2020 financial year. Indeed, we…

Commendable revenue & profit growth amidst challenging industry KUALA LUMPUR, Feb 27 (Bernama) — KPJ Healthcare once again recorded growth in its performance for the year ended 31 December 2019.Its 4Q2019 results recorded an improvement in revenue to RM944.0 million compared to RM876.5 million in 4Q2018, an increase of 7.7%.  PAT for 4Q2019 reached RM90.8…

PALO ALTO, Calif., Feb 27 (Bernama-BUSINESS WIRE) — HeadSpin, the company that ensures flawless connected experiences enabled by web, mobile, IoT and 5G, today announced a $60 million Series C funding round led by Dell Technologies Capital and ICONIQ Capital with participation from institutional investors Tiger Global Management, Kearny Jackson, and…

KUALA LUMPUR, Malaysia, Feb 27 (Bernama-PRNewswire) — Dato’ Sri Liow Soon Hee through his charity foundations, Pertubuhan Integriti Nicky Liow Malaysia and Yayasan Winner Emperor Sedunia, along with the support of local Malaysian celebrity Excella Chong, singer-songwriter, has donated shipments of masks and medical supplies, amounting to 76,920 masks for…

SAN JOSE, Calif., Feb 27 (Bernama-BUSINESS WIRE) — Today Energous Corporation (Nasdaq:WATT), the developer of WattUp®, a revolutionary wireless charging 2.0 technology, announced that it has received regulatory approval for its WattUp Near Field wireless charging technology in Japan. “Having secured regulatory approval for our WattUp wireless charging technology in Japan is a…

HONG KONG, Feb 27 (Bernama-BUSINESS WIRE) — Businesses in Asia Pacific are struggling to maintain operations amidst the Coronavirus (COVID-19) outbreak. Nearly 50% report that they will be forced to restructure business operations to stay afloat if the situation worsens, according to the Tricor Group COVID-19 Business Sentiment and Resilience Barometer Report released…