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Business 20 Jun 2014 | 8:26 AM Premium

Atlantic City's Revel Casino files for bankruptcy, seeks buyer

Atlantic City's troubled Revel Casino Hotel on Thursday filed its second bankruptcy in just over a year and said it is hunting for a buyer.

Corporate News 23 Sep 2016 | 12:00 AM Premium

DRB-Hicom secures buyer for S’pore mall

PETALING JAYA: DRB-Hicom Bhd’s indirect unit, Hicom Megah Sdn Bhd, has managed to secure a buyer for The Verge commercial development in Singapore, but the price tag is 40% lower than the price indicated under an earlier aborted sale agreement.

Business 16 Jan 2012 | 12:00 AM Premium

Khazanah likely to announce buyer of its stake in Proton today

PETALING JAYA: Khazanah Nasional Bhd would likely be making an announcement today on the sale of its 42.7% stake in Proton Holdings Bhd, banking sources said, adding that the deal would require that the buyer make an offer to buy out the rest of Protons shareholders.

Business 02 Nov 2010 | 12:00 AM Premium

Director: EON Cap prepared to pay RM12mil fees to find buyer

KUALA LUMPUR: EON Capital Bhd was prepared to pay as much as RM12mil in fees to Goldman Sach to find a buyer to acquire the bank for up to 1.5 times its book value, according to independent director Nicholas John Lough.

Business 20 Jan 2010 | 12:00 AM Premium

Bank Islam stake buyer likely a foreigner

PETALING JAYA: The unidentified buyer of Dubai Group LLC's 30.5% stake in Bank Islam Malaysia Bhd, a unit of BIMB Holdings Bhd, is likely a foreigner as the bank needs a shareholder that can enhance the value of its businesses.

Corporate News 02 Oct 2017 | 8:06 AM Premium

One year for Golden Palm Growers to find buyer

PETALING JAYA: Golden Palm Growers Bhd -- the management company of the oil palm sharing scheme -- will need to find a buyer within one year to cash out of its plantation project in Gua Musang, Kelantan.

Corporate News 31 Aug 2017 | 8:23 AM Premium

Trading firm Noble seen picking oil unit buyer in Sept

LONDON/SINGAPORE: Trader Noble Group is expected to pick a buyer for its oil and liquefied natural gas (LNG) units by mid-September to cover debts and reduce credit exposure after a first half loss of $1.9 billion, sources familiar with the matter said.

Business 28 Aug 2010 | 12:00 AM Premium

PacificMas picks Fairfax as buyer of insurance arm

PETALING JAYA: PacificMas Bhd has chosen Canada-based Fairfax Asia Ltd as the buyer for its entire stake in wholly-owned unit The Pacific Insurance Bhd, subject to Bank Negara approval.

Business 09 Jun 2011 | 12:00 AM Premium

Firm: Apple surpasses HP as largest buyer of chips

NEW YORK (AP) - Driven by the success of the iPhone and iPad, Apple Inc. has become the world's largest buyer of chips for computers and phones, a research firm said Wednesday.

Business 13 Apr 2011 | 12:00 AM Premium

Khazanah yet to decide on buyer of stake in Pos Malaysia

KUALA LUMPUR: Government investment arm Khazanah Nasional Bhd has yet to decide on the buyer of its stake in Pos Malaysia Bhd, although it has completed the evaluation of the proposals submitted by bidders.