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KUALA LUMPUR, Dec 24 (Bernama) -- Borneo Oil Bhd’s quoted investment, Verde Resources Inc, has applied to list its common stock on the Nasdaq stock market, in conjunction with a proposed underwritten public offering in the United States.
KUALA LUMPUR, Dec 23 (Bernama) -- Hextar Global Bhd announced today that it has entered into conditional share sale agreements with Hextar Industries Bhd (HIB) and Hextar Fertiliser Group Sdn Bhd to acquire the entire equity interests in PK Fert Sdn Bhd (PKFT), PK Fertilizers Sdn Bhd (PKF), and Hextar Fert Sdn Bhd (HFT) for RM120 million.
JOHOR BAHRU, Dec 23 (Bernama) — Johor Plantations Group Bhd (JPG) has enhanced its strategic position in the renewable energy (RE) sector by consolidating JPG Greenergy Ventures Sdn Bhd (JPGGV) as a wholly owned subsidiary.
KUALA LUMPUR, Dec 4 (Bernama) -- DRB-Hicom Bhd has proposed to purchase the entire equity interest in Spirit Aerosystems Malaysia Sdn Bhd (Spirit MY) for US$110.62 million (US$1=RM4.1115), up from the earlier estimated enterprise value of US$95.2 million.
KUALA LUMPUR, Nov 19 (Bernama) -- Nestcon Bhd’s wholly-owned subsidiary Nestcon Infra Sdn Bhd (NISB), has entered into a shareholders agreement with Wawasan Dengkil Sdn Bhd (WDSB) and WDSolar Sdn Bhd (JV Co) to co-invest in JV Co and developing a 70-megawatt (MW) large-scale photovoltaic (PV) plant in Kedah.
KUALA LUMPUR, Nov 5 (Bernama) -- Bilateral discussions are ongoing between Malaysia and China to form a special-purpose vehicle (SPV) responsible for undertaking the rail industry empowerment programme via a passenger train leasing arrangement, the Transport Ministry said.
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).
KUALA LUMPUR, Oct 6 (Bernama) -- Sime Darby Property Bhd, through its wholly-owned subsidiary Sime Darby Property (Hong Kong) Ltd (SDPHK), has entered into an interest-bearing loan agreement to provide shareholders’ advances of £6 million to Battersea Project Holding Company Ltd (BPHCL).
By Zairina Zainudin & Fatin Umairah Abdul Hamid
KUALA LUMPUR, Oct 2 (Bernama) -- Proton Holdings Bhd's decision to centralise its production in Tanjung Malim, Perak is a strategic move to rationalise, reduce costs, improve quality and transition to new technology after investing RM253 million in new stamping lines there.
KUALA LUMPUR, Sept 25 (Bernama) -- Gagasan Nadi Cergas Bhd (GNCB) has received approval from the Public Private Partnership Unit (UKAS) of the Prime Minister’s Department for its proposed acquisitions of equity interests in Seri Delima Anggun Sdn Bhd (SDASB) and Serata Ehsan Sdn Bhd (SESB).
KUALA LUMPUR, Sept 4 (Bernama) -- WTK Holdings Bhd and its wholly-owned subsidiary, BioPalm Venture Sdn Bhd, are mulling several acquisitions worth RM555 million.
KUALA LUMPUR, Sept 3 (Bernama) -- MSP Sports Capital, a New York-based private investment firm, has confirmed the sale of its equity interest in McLaren Racing, including its Formula 1 (F1) Team, to McLaren Group Limited.
