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Business 30 Jun 2014 | 12:00 AM

Sasbadi cashes in on new Form 3 format

PETALING JAYA: The scrapping of the mandatory Penilaian Menengah Rendah (PMR) examination has turned out to be a positive development for Sasbadi Holdings Bhd, which is en route to a listing on Bursa Malaysia over the next few months.

Business 25 Jul 2014 | 12:00 AM

Reach Energy to buy asset in 'shortest time possible'

KUALA LUMPUR: Reach Energy Bhd, the fourth and largest special purpose acquisition company (SPAC) to be listed on Bursa Malaysia, expects to secure its first oil and gas asset within one to two years of its initial public offering (IPO).

Business 24 Jul 2014 | 8:25 AM

Diary Malaysia July 24 Thursday


Corporate News 24 Jul 2014 | 9:13 AM

Reach Energy locks in cornerstones for IPO

KUALA LUMPUR: Malaysia's Reach Energy Bhd, a special purpose acquisition company (SPAC) with no existing assets, has locked in up to seven cornerstones for its RM750mil (US$236.93mil) IPO, two sources involved with the deal said.

Business 08 Jul 2014 | 12:00 AM

Sasbadi plans RM18.5mil expansion

KUALA LUMPUR: Sasbadi Holdings Bhd, which will be listed on the Main Market of Bursa Malaysia on July 23, aims to spend RM11.5mil to acquire a publishing business and RM7mil to buy an office cum warehouse building.

Corporate News 07 Jul 2014 | 9:47 AM

Sasbadi Holdings IPO at RM1.19 each

KUALA LUMPUR: Sasbadi Holdings Bhd, which is seeking to list on the Main Market of Bursa Malaysia Securities, has fixed its offer price at RM1.19 each.

Business 02 Jul 2014 | 12:00 AM

A challenge for Alibababa to turn mobile into money

Beijing: Chinese ecommerce giant Alibaba Group Holding Ltd may have dominated online retail on personal computers, but is some way from replicating that leadership in shopping by smartphone and other mobile devices.

Banking 30 Jul 2014 | 12:00 AM

S'pore acts swiftly to protect retail investors from scams

AFTER tightening its anti-money laundering rules, Singapore is taking more steps to strengthen its position as a wealth management centre.

Economy 11 Jul 2014 | 5:01 PM

China aviation boom brings first aircraft lessor IPO in Asia

SINGAPORE/BEIJING: As China's aviation market booms, local aircraft leasing companies are raising funds in finance hubs like Hong Kong and Singapore in a bet they can win market share from the international players that dominate the industry.

Alibaba 17 Jul 2014 | 1:00 PM

Red flags: Alibaba's Ma and Ma's private equity firm

When a fast-growing private equity firm co-founded by Jack Ma sought funding from institutional investors for the first time in early 2013, almost all had one major concern, its chairman said: was the firm independent from Ma, the influential executive chairman of Alibaba Group Holding, China's e-commerce giant.