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AMMB fixes issue price for placement share at RM2.75
KUALA LUMPUR: AMMB Holdings Bhd has fixed the issue price for its 300 million private placement shares at RM2.75 each.
AirAsia's Super Sale offers discounts of up to 70%
KUALA LUMPUR: AirAsia is holding its first Super Sale for the year, offering up to 70 per cent discount on products ranging from fresh produce, groceries, food deliveries, lifestyle products, Muslim-friendly services and health and wellness packages via its super app or airasia.com from April 5-11, 2021.
Value of TikTok maker ByteDance approaches US$400 billion for new investors, sources say
Valuation of the Chinese start-up has been boosted by rival Kuaishou’s recent IPO in Hong KongByteDance is said to be mulling an offshore listing for TikTok’s Chinese sibling app
Indonesia says China consortium to invest US$5bil in electric battery venture
Indonesia's state-owned enterprises minister said on Saturday that a Chinese consortium would invest US$5 billion in an electric batteries venture, which would include China's Contemporary Amperex Technology (CATL).
A sugary IPO rush
Businesses are hit by the pandemic, with this year meant to be one of recovery. But a surprising number of companies are rushing to get listed and investors are lining up to bet on them.
Gloves still pique interest
Industries earnings to remain strong on the back of current robust demand
Indonesia expands tax breaks for sales of bigger cars
Indonesia has expanded its tax breaks on car sales to include more types of vehicles, the country's finance ministry said, in a bid to accelerate economic recovery and aid its manufacturing industry.
Asian shares higher on Good Friday after S&P 500 tops 4,000 points
Asian shares were higher in listless trading on Friday after a broad rally pushed the S&P 500 past 4,000 points for the first time.
AMMB to raise RM810mil in private placement
KUALA LUMPUR: AMMB Holdings Bhd is looking to raise about RM810mil through a private placement of 300 million new shares or 9.97% of its current share capital.
