News in brief

PETALING JAYA: OSK Investment Bank Bhd is placing out call warrants over ordinary shares of three Chinese companies – CNOOC Ltd, Aluminium Corp of China Ltd and China Shenhua Energy Co Ltd.  

In a statement to Bursa Malaysia, the investment bank said it was offering 120 million CNOOC warrants, 120 million Aluminium Corp warrants and 100 million China Shenhua warrants to Malaysian and foreign investors.  

The non-collateralised American-style cash settled call warrants were expected to list on the stock exchange at the end of this month, it added. 

KUALA LUMPUR: Mesdaq-listed Green Packet Bhd will transfer to the Bursa Malaysia main board today. 

KUALA LUMPUR: Malaysia Debt Ventures Bhd (MDV) plans to approve loans worth RM100mil for small and medium information and communications technology (ICT) projects this year. 

MDV, a wholly-owned subsidiary of Minister of Finance Inc, had so far disbursed RM2.4bil in loans, managing director and chief executive officer Md Zubir Ansori Yahaya said. 

Speaking yesterday at the launch of the MDV Small Contract Financing for small and medium technopreneurs, he said the company had also collected RM700mil in repayments from existing borrowers since February. – Bernama  

For latest Bursa Malaysia indices, charts and other information click here

In a statement to Bursa Malaysia, the investment bank said it was offering 120 million CNOOC warrants, 120 million Aluminium Corp warrants and 100 million China Shenhua warrants to Malaysian and foreign investors.