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Ackman's Pershing Square Takes $2.2 Billion Stake In Air Products

BOSTON/NEW YORK: Hedge fund manager William Ackman unveiled his biggest bet ever on Wednesday, a $2.2 billion play on Air Products & Chemicals Inc that the billionaire trader kept secret for two months.

Sunzen chairman and MD steps down, new CEO named

PETALING JAYA: Sunzen Biotech Bhd chairman and managing director Tan Kim Sing has resigned while non-executive director Hong Choon Hau has been appointed the company’s new chief executive officer.

Swiftlet wants to fly to new markets

KUALA LUMPUR: On the back of a recovering bird’s nest industry, Swiftlet Eco Park Bhd’s focus is to strengthen its position through its downstream product expansion and going into new markets, said group managing director Loke Yeu Loong.

Malaysia's biotech sector exceeds investment target of RM9bil

PUCHONG: The local biotechnology industry, facilitated by Malaysian Biotechnology Corp Sdn Bhd (BiotechCorp), has accrued a total investment of RM12bil since 2011, surpassing the Government’s five-year target under the National Biotechnology Policy (NBP).

Ringgit lift for Hovid

THE weakening of the ringgit and favourable industry dynamics emerging in the pharmaceutical industry could be a catalyst to drive future growth for Hovid Bhd.

Bioalpha gets UMA query after share price rises 135%

PETALING JAYA: Less than a week after making its debut on the ACE Market, Bioalpha Holdings Bhd has received an unusual market activity (UMA) query for the meteoric rise in its share price and heavy volume.

Dr Mahathir looks beyond Malaysia's first century

ONE YEAR after a historic regime change, Malaysia’s politics remain a combustible cocktail of sleaze and power lust. At least the economy is on the right track, even if it’s nowhere close to fulfilling its potential.