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Business

Fund managers see silver lining in weak market

VOLATILITY is gripping the markets and investors are apprehensive during such times. But there are always opportunities or pockets where investors can take a position to be invested in the stock market. SBW polled a few fund managers and analysts for their stock recommendations and our writers too have chipped in as to where they think value will emerge over the next six months.

Business

Bioalpha banks on Indonesian,Chinese markets for growth

BANGI: Bioalpha Holdings Bhd is banking on its export markets in Indonesia and China to boost the group’s top line growth in the next two years.

Business

Wendy's to ban chickens with human antibiotics by 2017

LOS ANGELES: Wendy's Co, the fifth-largest U.S. fast-food chain by revenue, will quit using chickens raised with antibiotics important to human health by 2017, the company told Reuters on Thursday.

Business

Chinese group to buy Australian vitamin firm Vitaco for US$239mil

SHANGHAI: A Chinese group led by drugmaker Shanghai Pharmaceuticals Holding Co Ltd and private equity firm Primavera Capital has agreed to buy Australian vitamins maker Vitaco Holdings for A$313.7mil (US$239mil).

Corporate News

Bioalpha to double number of Constant Pharmacy outlets this year

KUALA LUMPUR: Bioalpha Holdings Bhd aims to have 30 pharmacy outlets from the current 14 in the next 12 months, managing director William Hon said.

Business

Bioalpha eyes 30 pharmacy outlets in a year

KUALA LUMPUR: Bioalpha Holdings Bhd aims to have 30 pharmacy outlets from the current 14 in the next 12 months, managing director William Hon said.

Business

Bioalpha’s 4th factory to begin operations next month

PETALING JAYA: Health supplements producer Bioalpha Holdings Bhd’s fourth manufacturing plant in Kampar, Indonesia is slated to begin operations next month.

Business

Wall St gains as financial stocks rally on Fed rate comments

NEW YORK: Wall Street snapped a three-day losing streak on Monday as financial stocks rose after Federal Reserve Chair Janet Yellen said the case for an interest rate hike had strengthened.

Business

Bioalpha to raise RM28m from rights issue

KUALA LUMPUR: Bioalpha Holdings Bhd has proposed to raise RM28mil from a renounceable rights issue, the bulk of which will be used to finance the launch of new products and expand its herbal park.

Business

Breakfast briefing: Thursday, September 8

Breakfast briefing: Thursday, September 8