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Tyson Foods-backed startup raises US$55 million in venture round
KUALA LUMPUR: Kawan Food’s net profit in the first half ended June 30, 2017 was below CIMB Equities Research and Bloomberg consensus expectations at 32% of full-year forecasts, mainly due to weaker-than-expected export sales.
STOCKHOLM: Electrolux AB agreed to acquire sous vide-cooker maker Anova for as much as US$250mil as the Swedish maker of Frigidaire refrigerators and AEG ovens seeks to expand in the area of smart appliances.
KUALA LUMPUR: If one is nostalgic enough to reminisce the good old colonial pre-Merdeka era and a place to satisfy one’s compelling desire for delicious palate, amid an exclusive dining experience, then its that dear old “The Best Steak in Town” Coliseum Cafe which has stood the ‘taste’ of time for 95 years.
THERE is a saying that “there is a first time to anything in business”. You will never find out until you actually do it. You just hope and pray that the end results justify your impulsive actions and shallow thinking. Or you will end up looking amateurish and feeling slightly foolish.
When Datuk Ghani Abdullah first sets his eyes on the old building that used to house the old Sin Seng Nam Restaurant on Medan Pasar in Kuala Lumpur a few years ago, he was so intrigued by the back-story of the location that he knew he had to make a connection soon.
SAN FRANCISCO: Apple Inc is close to paying a record US$3.2bil for Beats Electronics, two people with knowledge of the matter said, an expensive foray into music streaming and headphone gear that would mark a departure for the usually cash-conservative iPhone maker.