Skim Sim News Today

Global cloud service providers are paying closer attention to smaller but fast growing markets as sales at home slow down.

Busyness can be perceived as a badge of honor. But being busy doesn’t always mean being more productive. So how can the modern CIO help organizations avoid this trap?

VANCOUVER - After a week of disruptions and distractions, the Vancouver Canucks were finally able to concentrate on playing hockey and managed to reward new head coach Rick Tocchet with a win in his first game behind the bench.

For a moment, Tan Sri Dr Lim Wee Chai’s ascent looked unstoppable. His Top Glove Corp Bhd grew bigger than Malaysia’s banks, telecommunications firms and even the state-owned electricity company during the Covid-19 pandemic. Its share price soared 450% through the first seven months of 2020, leaving high-flyers like Moderna Inc, Zoom Video Communications Inc, Peloton Interactive Inc and Carvana Co in the dust and making Lim a billionaire several times over.

The US Customs and Border Protection's (CBP) move to ban imports from glove maker Supermax Corp Bhd over alleged forced labour at the company is expected to have a significant impact on its earnings, said analysts on Thursday (Oct 21).

February 24, 2021 | 5:19 pm Font Size AAA Latex gloves on hand-shaped molds move along an automated production line at a Top Glove Corp. factory in Malaysia in 2020. — PHOTO BY SAMSUL SAID/BLOOMBERG IN THE HEALTH-CARE industry, the coronavirus pandemic led to big fortunes, fast. Now some of them are evaporating just as quickly. Take Seegene, Inc., a maker of COVID-19 test kits, and Alteogen, Inc., a biotech with subcutaneous-injection technology. Their founders became billionaires as...

KUALA LUMPUR (Feb 23): Based on corporate announcements and news flow today, companies in focus tomorrow (Feb 24) may include: Nestle (M) Bhd, Petronas Chemicals Group Bhd, Perak Transit Bhd, IOI Corp Bhd, Leong Hup International Bhd, Sunway Construction Group Bhd, Petron Malaysia Refining & Marketing Bhd, ATA IMS Bhd, Syarikat Takaful Malaysia Keluarga Bhd, Manulife Holdings Bhd, Frontken Corp Bhd, Samchem Holdings Bhd, Berjaya Sports Toto Bhd, Supermax Corp Bhd, Genting Malaysia Bhd and AT Sy...

KUALA LUMPUR (Feb 23): Rubber glove manufacturer Supermax Corp Bhd founder Datuk Seri Stanley Thai Kim Sim and his wife Datin Seri Cheryl Tan Bee Geok has acquired a 3,438-square-foot luxury condominium in Sunny Isles Beach within the US state of Florida, The Real Deal reported, citing property records. The Real Deal reported on Feb 16, 2021 that Thai and Tan acquired the condominium known as unit 4800 at the Residences by Armani/Casa, a 56-storey, 308-unit tower at 18975 Collins Avenue. It wa...

These Covid Billionaire Fortunes Are Fading With the Vaccine Rollout Bloomberg 2/24/2021 Yoojung Lee (Bloomberg) -- In the health-care industry, the coronavirus pandemic led to big fortunes, fast. Now some of them are evaporating just as quickly. Take Seegene Inc., a maker of Covid-19 test kits, and Alteogen Inc., a biotech with subcutaneous-injection technology. Their founders became billionaires as the shares surged last year. Fast forward a few months to the vaccine rollout...

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