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Corporate News

Khazanah promotes Amran Hafiz, Bryan Lim to EDs

KUALA LUMPUR: Khazanah Nasional Bhd has promoted two directors of investments, Amran Hafiz Affifudin and Bryan Lim to executive directors with effect from April 1.

Business

Making a smooth transition into your retirement years

LET’S face it, retirement can be a life-changing event.

Business

Japan's Takeda clinches US$62b deal to buy drugmaker Shire

LONDON/TOKYO: Takeda Pharmaceutical agreed to buy London-listed Shire for 45.3 billion pounds ($61.50 billion) on Tuesday after the Japanese company raised the amount of cash in its offer to secure a recommendation.

Business

Japan's Takeda clinches $62 billion Shire deal as pharma M&A rolls on

LONDON/TOKYO: Takeda Pharmaceutical agreed to buy London-listed Shire for 45.3 billion pounds ($62 billion) on Tuesday, the biggest yet in a wave of deals sweeping the drugs industry.

Business

Hai-O net profit down on lower contribution from MLM business

PETALING JAYA: Wellness and multi-level marketing (MLM) company Hai-O Enterprise Bhd’s net profit fell 12% year-on-year (y-o-y) in its fourth quarter ended April 30, on the back of lower revenue contribution from its mainstay MLM business.

Business

Firm debut for Nova Wellness on ACE Market

KUALA LUMPUR: Nova Wellness Group Bhd made a firm debut on the ACE Market of Bursa Malaysia on Friday, opening at 66 sen, which was 11 sen above its offer price of 55 sen.

Business

Promising sign for IPO market

TWO companies which made their debuts on the stock exchange this week could be the cue that the initial public offering (IPO) market has come back with a vengeance after a slow start to the year.

Business

BioAlpha remains an Add at CIMB Research

KUALA LUMPUR: Health supplement company BioAlpha Holdings remains an add at CIMB Equities Research as continued strong domestic revenue is a potential catalyst.

Business

Be positive and stay positive

JUST two nights ago, I joined my golf and drinking buddies for a Merdeka eve celebration at Mezze. To rephrase, they are just drinking buddies now since they excluded me from their earlier golf game at the newly revamped West Course of TPC KL. To soothe my bruised ego, Vincent brought Wide Churchill cigars and Jagan offered the delicious Morgon red wine from Burgundy.

SMEBiz

Growing with others

AFTER some 21 years of pushing the BMS Organics chain into the market, Terry Lee thinks it is time to enable others to also participate in its growth story.