Berjaya Corp will announce a reorganisation in June to streamline its businesses, and it plans to sell off non-core assets, based on a news report.
IHH Healthcare said it has completed the sale of its entire 50% equity stake in the Apollo Gleneagles Hospital Ltd, Kolkata (AGHL) joint venture to Apollo Hospitals Enterprise Ltd.
FGV's subsidiaries, MSM and FGV Integrated Farming Holdings Sdn Bhd, have entered into a binding term sheet on the respective disposal and acquisition of a 100% stake of MSM's wholly-owned subsidiary MSM Perlis Sdn Bhd.
With an initial disposal consideration of RM175mil, the agreement is set to be completed by the third quarter of this year.
MR DIY said its 1QFY21 net profit more than doubled to RM124.79mil from RM58.46mil a year earlier, following substantially higher sales.
Priceworth has proposed the consolidation of every 10 of its shares into one share, along with the issuance of notes of up to RM100mil.
The US Customs and Border Protection has yet to lift its withhold release order against Top Glove's products as the authorities are still reviewing the glove manufacturer’s submission on recent clarification over the resolution of the 11 International Labour Organization indicators of forced labour.
Sarawak Oil Palms announced that it is acquiring the remaining 40% equity interest not already held by the company in SOP Plantations (Sabaju) Sdn Bhd (SOP Sabaju) from Shin Yang Holding Sdn Bhd for RM45.88mil cash.