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MARC affirms Berjaya Land’s RM650m debt notes, outlook stable
KUALA LUMPUR: Malaysian Rating Corporation Bhd (MARC) affirmed its ratings on Berjaya Land Bhd’s (BLand) two tranches of debt notes totalling RM650mil with a stable outlook.
Daily economic losses from MCO around RM750m, says CGS-CIMB Research
KUALA LUMPUR: CGS-CIMB Equities Research estimates the daily economic losses due to the second round of Malaysia’s Movement Control Order (MCO), which takes effect from Jan 13 to 26, at RM750mil.
US IPO market faces first big test of 2021
Big week for new listings in more than five years
NFO earnings resilient, likely to bounce back
PETALING JAYA: The reintroduction of the movement control order (MCO) in several parts of the country will see about half of the numbers forecast outlets (NFOs) shut during that period, but analysts are still positive on the sector.
Short Position - Pui's challenge, online betting, price cycle
FOR three weeks beginning Dec 18,2020, there were doubts if Batu Kawan Bhd would be successful in its offer to take over Chemical Company of Malaysia Bhd (CCM).
Gaming sector, numbers forecast operators might take hit from MCO
DUE to the second movement control order (MCO 2.0), gaming and numbers forecast operators (NFOs) will see hits to their earnings for financial year 2021 (FY21), say financial analysts.
Game startup Nazara kicks off India’s tech IPO rush
MUMBAI: Nazara Technologies Ltd, the cricket games developer backed by billionaire Rakesh Jhunjhunwala, became the first Indian gaming technology company to seek a market debut as mobile entertainment takes off across the world’s No. 2 smartphone arena.
Southeast Asia's Grab, which began in Malaysia, considering US IPO this year
SINGAPORE: Southeast Asian ride-hailing and food delivery giant Grab is exploring a listing in the United States this year, encouraged by robust investor appetite for initial public offerings (IPOs), three sources familiar with the matter told Reuters
