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HANGZHOU: China’s Zhejiang Geely Holding Group, which has a 49.9% stake in Proton Holdings Bhd, has raised its 10-year projection for the sale of Proton cars by over 100% to one million units.
GENEVA: Benjamin de Rothschild’s family plans to take its Swiss bank private as it simplifies the group’s legal structure and prepares it for expansion, which may include acquisitions.
LONDON: Prime Minister Theresa May will on Monday set out plans for a 1.6 billion pound fund to help to boost economic growth in Brexit-supporting communities, particularly in the north of England.
KUALA LUMPUR: 7-Eleven Malaysia Holdings Bhd has launched the “Mickey Go Local Mini Tins” collection which offers 26 creative designs showcasing the local heritage, customs, language and delicacies.
KUALA LUMPUR: Berjaya Land Bhd is developing its Four Seasons Resort and Private Residences Okinawa in Japan with a a projected total development cost of US$400mil (RM1.64bil) and the gross development value estimated to be about US$1bil (RM4.10bil).
PETALING JAYA: The phase two commercial assets of the Battersea Power Station has finally been sold to the Employees Provident Fund (EPF) and Permodalan Nasional Bhd (PNB), in a deal worth £1.58bil (RM8.35bil). The transaction is expected to be completed in the first quarter of 2019, sellers SP Setia Bhd and Sime Darby Property Bhd said in a joint statement.