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GEORGE TOWN: The Penang government has revised the master agreement (MA) on the Penang South Reclamation (PSR) project, with the RM3.8bil reclamation of Island A fully funded by the project delivery partner (PDP).
KUALA LUMPUR: Property developer Yong Tai Bhd has entered into a deal to undertake a gold mining project on a 100ha site in Lipis, Pahang.
KUALA LU MPUR: Yong Tai Bhd, a property developer, has entered into a deal to undertake a gold mining project on a 100 hectares site in Lipis, Pahang.
PARIS: The board of French food group Danone voted to oust Emmanuel Faber as chairman, Le Figaro newspaper reported, as the group tries to draw a line under a management crisis and growing pressure from shareholders.
HONG KONG: Top Glove Corp Bhd is betting that pandemic-induced sales can provide enough fuel for its US$1.9bil Hong Kong listing to break through the headwind of US sanctions and the prospect of slower growth as vaccinations become widespread.
CHICAGO: Jorge Paulo Lemann is leaving the board of Kraft Heinz Co, the giant consumer company he helped put together with Warren Buffett that’s since lost half its value.
HONG KONG/SINGAPORE/KUALA LUMPUR: Malaysia's Top Glove Corp Bhd is betting that pandemic-induced sales can provide enough fuel for its $1.9 billion Hong Kong listing to break through the headwind of U.S. sanctions and the prospect of slower growth as vaccinations become widespread.
Kuala Lumpur: Analysts said the unknown pace of vaccination programmes mean the world's largest medical gloves maker could command a higher price for its stock by listing sooner rather than later, while the firm when announcing its plan on Friday talked up post-pandemic sales likely exceeding pre-pandemic levels.
The government’s surprise decision to build, own and manage the 5G network for nationwide rollout is raising concerns for the industry.