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Strategic Moves: Loans, Investments, and Profits in Asia

1/6/2025

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Summary

Story summary

Asia Internet Holdings has trimmed its stake in Cuscapi Bhd by 5.3%, while Sarawak Oil Palms is making a strategic move by acquiring land in Kuching for RM5 million. AmBank has granted a substantial RM498.6 million loan to Projek Tetap Teguh, and V.S. Industry is investing RM150 million in new facilities. Meanwhile, Swift Energy Technology celebrates a net profit of RM5.2 million for the fourth quarter of FY24.

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Story summary

Asia Internet Holdings has trimmed its stake in Cuscapi Bhd by 5.3%, while Sarawak Oil Palms is making a strategic move by acquiring land in Kuching for RM5 million. AmBank has granted a substantial RM498.6 million loan to Projek Tetap Teguh, and V.S. Industry is investing RM150 million in new facilities. Meanwhile, Swift Energy Technology celebrates a net profit of RM5.2 million for the fourth quarter of FY24.