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MyTech Group Diversifies Into Moneylending Business

KUALA LUMPUR, Nov 6 (Bernama) -- MyTech Group Bhd has undertaken a proposed diversification of its existing business and that of its subsidiaries (group) to include moneylending activities.

Wasco Greenergy Inks Underwriting Deal With CIMB IB And Maybank IB Ahead Of Main Market IPO

KUALA LUMPUR, Nov 4 (Bernama) -- Wasco Greenergy Bhd (Greenergy) has signed an underwriting agreement with CIMB Investment Bank Bhd (CIMB IB) and Maybank Investment Bank Bhd (Maybank IB) for its initial public offering (IPO) on the Main Market of Bursa Malaysia Securities Bhd.

NEC To Acquire CSG For US$2.9 Bln To Accelerate Global Digital Transformation

KUALA LUMPUR, Oct 31 (Bernama) -- NEC Corporation (NEC) has announced a definitive agreement to acquire United States-based CSG Systems International Inc (CSG) for US$80.70 per share in cash, valuing the deal at approximately US$2.9 billion, or 438.5 billion Japanese yen, including debt. (US$1=RM4.19)

LPC Group Soars On Leap Market Debut, Shares Up 400 Pct

KUALA LUMPUR, Oct 30 (Bernama) -- LPC Group Bhd has made a strong debut on the LEAP Market of Bursa Malaysia Securities Bhd today, emerging among the top gainers in early trade.

PNB, EPF Reaffirm Commitment To Battersea Project, Says No Immediate Plan To Exit

KUALA LUMPUR, Oct 29 (Bernama) -- The Battersea project in London, United Kingdom, owned by a consortium led by Sime Darby Property Bhd and SP Setia Bhd, remains a key strategic investment for its shareholders, said Permodalan Nasional Bhd (PNB) and the Employees Provident Fund (EPF). 

KNM To Be Delisted From Bursa Malaysia On Nov 5

KUALA LUMPUR, Oct 27 (Bernama) -- Practice Note 17 (PN17) company KNM Group Bhd will be delisted from the official list of Bursa Malaysia Securities Bhd on Nov 5, following the rejection of its regularisation plan by the stock exchange.

Olympian Mohd Azizulhasni Becomes Substantial Shareholder In Systech

KUALA LUMPUR, Oct 22 (Bernama) -- Digital technology company Systech Bhd today announced that Datuk Mohd Azizulhasni Awang has emerged as a substantial shareholder in the company.

Multiply Group Proposes Merger With 2PointZero, Ghitha Holding Via Share Swap

KUALA LUMPUR, Oct 16 (Bernama) -- Multiply Group, the Abu Dhabi-based investment holding company, has announced board approval for a major share swap deal to acquire 2PointZero and Ghitha Holding, a move that could reshape its investment portfolio and boost its capital base to 8.64 billion Emirati dirhams. (100 Emirati dirhams = RM115.10)

Genting Group Stocks Surge Amid RM6.74 Bln Privatisation Plan

KUALA LUMPUR, Oct 14 (Bernama) -- Shares of Genting group of companies emerged among the top gainers in early trade today after Genting Bhd (GENT) announced a proposed RM6.74 billion privatisation of Genting Malaysia Bhd (GENM).

MoF Proposes Review Of Tax Incentives For Venture Capital

KUALA LUMPUR, Oct 10 (Bernama) -- The Ministry of Finance (MoF) has proposed to review tax incentives for venture capital companies (VCCs), venture capital management companies (VCMCs), and individual shareholders of VCCs to further encourage investment by VCCs.

Matrix Concepts, Golog Ink MoU For MVV 2.0 Land Development In Negeri Sembilan

KUALA LUMPUR, Oct 8 (Bernama) -- Matrix Concepts Holdings Bhd (MCHB) today signed a memorandum of understanding (MoU) with Golog Holdings Sdn Bhd to collaborate on the acquisition and development of a 250.1-hectare parcel of land in Smart County, Labu, Negeri Sembilan.

Metta, Operator Of Chef Wan's Restaurant, Eyes Local And Overseas Expansion After Oasis Acquisition

KUALA LUMPUR, Oct 8 (Bernama) -- Metta Food and Lifestyle Sdn Bhd, the operator of Chef Wan Group of Restaurants, is targeting local and international expansion following the acquisition by Oasis Harvest Corporation for RM30.8 million.