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NEW YORK: Morgan Stanley sold US$5bil (RM21bil) of shares owned by Archegos Capital Management a day before a deluge of block trades sent shockwaves across capital markets.
KUALA LUMPUR: EcoFirst Consolidated Bhd has entered into a conditional sale share agreement with Yeoh Siok Choo and Tan You Tiong, to acquire 51% equity interests in BCM Holdings Sdn Bhd for RM81.6mil.
NEW YORK: Morgan Stanley sold about US$5 billion of Archegos' stocks the night before the fire sale hit rivals, CNBC reported on Tuesday, citing people with knowledge of the trades.
The Celcom Max package brings together the telco's Home Fibre and mobile post-paid plans under a single bill, with a discount thrown in.
IPOH: Lorry drivers who were blacklisted after being forced to carry excess loads by their employers should be given a second chance by the government, says a social welfare non-governmental organisation.
Valuation of the Chinese start-up has been boosted by rival Kuaishou’s recent IPO in Hong KongByteDance is said to be mulling an offshore listing for TikTok’s Chinese sibling app
KUALA LUMPUR: Following related corporate announcements and news flow, there may be trading interest in Top Glove, Greatech, Muar Ban Lee, Symphony Life, Scientex, Ekovest, AMMB, Advancecon and Gabungan AQRS, said JF Apex Research.
PETALING JAYA: Ekovest Bhd plans to expand its landbank through a proposed related-party transaction with Iskandar Waterfront Holdings Sdn Bhd.