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Business

Singapore briefs

#183;THE Finance Ministry said the government has consolidated its stake in B>DBS Group Holdings/Binto Temasek Holdings by transferring 16% of its stake into Temasek.

Business

Versus the CI

Izwan Idris writes on Bandar Raya, PSC Industries, Engtex, PPB Group and CN Asia.

Business

News in brief

News in brief on WCT Engineering, Malaysia AICA, Leong Hup, SMIS, DNP Holdings, Bandar Raya, Malayan Flour Mills, SCOMI, ABRIC, Far East, Damansara Realty, Pintaras, Kris, Metacorp, KUB, OSK Property, Pan Malaysia, Bonia, EPE, Intelligent Edge and Intria Berhad.

Business

Furniweb to use RM9mil IPO funds for expansion

FURNIWEB Industrial Products Bhd will raise almost RM9mil from a planned initial public offering (IPO), proceeds of which will allow the industrial textile manufacturer to buy new machinery and build factories in Malaysia and Vietnam.

Business

Johore Tin to use IPO proceeds for tin can plant

JOHORE Tin Bhd (JTB) will use part of the expected RM9.8mil gross proceeds from the group's proposed listing on the KLSE second board to fund the construction of a new tin can manufacturing factory in Senai, Johor.

Business

Hiap Teck share offering oversubscribed 32.76 times

Hiap Teck Venture Bhd#146;s (HTVB) public issue, under which 5 million shares were made available for application by the Malaysian public, has been oversubscribed.

Business

Salcon main board share offering oversubscribed 29 times

KLSE main board candidate Salcon Bhd recorded an oversubscription rate of 28.8 times for its initial public offering (IPO) of 3.17 million shares, one of the highest take up rates registered so far this year.

Business

Symphony to buy Bolton IT arm

SYMPHONY House Bhd has proposed buying Global Innovative Management Partners-ACT Sdn Bhd (Global Impact), the information technology (IT) arm of Bolton Bhd, for RM200mil in a cash-plus-share deal.

Business

Salcon tenders for RM1.3b projects

WATER and wastewater engineering group Salcon Bhd has tendered for projects worth RM1.33bil, the bulk of them in Malaysia and about 25% to 30% in the Indian subcontinent.

Business

Salcon tenders for RM1.3b projects

WATER and wastewater engineering group Salcon Bhd has tendered for projects worth RM1.33bil, the bulk of them in Malaysia and about 25% to 30% in the Indian subcontinent.