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KUALA LUMPUR: 7-Eleven Malaysia Holdings Bhd is in talks with several courier service companies to ink a deal that will see the free-standing convenience store franchiser offering small package postal services before year-end.
KUALA LUMPUR: CIMB Equities Research is negative on Felda Global Ventures’ purchase of a stake in PT Eagle High Plantations (EHP) and in its sugar assets for US$746mil (RM2.8bil) from Rajawali group.
BEIJING: Prices for German luxury cars in China are tumbling as the country’s stock market sell-off and worries about broader economic growth chill demand for auto brands that once commanded price premiums from affluent Chinese consumers.
KUALA LUMPUR: RAM Rating Services has reaffirmed the ratings of MRCB Southern Link Bhd’s two tranches of Sukuk but with a negative outlook.
KUALA LUMPUR: UOB Asset Management is positive about Malaysian equities as opposed to fixed income and has made an “overweight” call on equities despite the continued uncertainty in oil prices.