CLIMATE change is a global challenge. The increased frequency of extreme weather events – from the recent floods in Europe and China, and forest fires in the United States and Australia – serve as a sober reminder on two fronts.
Tricor continues to support the digitalisation of Corporate Malaysia
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Tricor Services Malaysia Sdn Bhd (Tricor Malaysia), the leading provider of company secretarial services in the country, continues to spearhead the digital transformation of Corporate Malaysia in order to help clients circumvent the pervasive disruptions of COVID-19.
The business landscape is continually evolving, especially when it comes to emerging needs in digitalization and technology implementation. Recognising this paradigm shift, parent company Hong-Kong-based Tricor Group embarked on a full-spectrum digital strategy in 2020, by working with technology companies to better serve corporate clients in a fast, uncertain COVID-19 global environment.
Powering GE forward globally from Kuala Lumpur theedgemarkets.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theedgemarkets.com Daily Mail and Mail on Sunday newspapers.
Never has any company in Corporate Malaysia spent so much money, within a short period of time, on share buybacks as Top Glove Corp Bhd has. The world’s largest glove producer forked out more than RM1.4 billion in less than five months, from last September, when signs emerged that a vaccine for Covid-19 would be available soon.
But the outcome of the exercise has been far from impressive.
Since the first share buyback was announced on Sept 10, 2020, Top Glove has shed almost RM32 billion in valuation. From a high of RM9.35 sen, which it hit on Oct 19, the stock dropped to a year-low of RM5.23 last Thursday.