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HONG KONG: Unilever PLC has emerged as the leading bidder in a tight contest for GlaxoSmithKline PLC’s Indian Horlicks nutrition business, sources told Reuters.
7-ELEVEN MALAYSIA: While the improvement in consumer sentiment bodes well for SEM’s sales outlook, there are headwinds ahead, said Maybank IB.
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.
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.
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.