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PETALING JAYA: Westports Holdings Bhd is not surprised by the rumour that Khazanah Nasional Bhd may divest its entire 4.74% stake in the port operator, and is taking the news positively as an avenue to increase its free float, said chief executive officer Ruben Emir Gnanalingam.
TOKYO: Japanese Prime Minister Shinzo Abe may have hoped that a 40-year-old mother-of-two with impeccable political pedigree might prove the acceptable face of nuclear power when he appointed her industry minister.
LOW-PROFILe tycoon T. Ananda Krishnan is set to be a beneficiary if the entity linked to him, Tanjong Plc, exercises the warrants it holds in 1Malaysia Development Bhd’s (1MDB) energy arm prior to the latter’s listing.
KUALA LUMPUR: Bank Islam Malaysia Bhd, which is still aiming to be a mega Islamic bank in the country, is keeping its merger and acquisition (M&A) options open to candidates that can complement its strengths in consumer banking.