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KUALA LUMPUR: DRB-Hicom Bhd, Dolphin International Bhd, KESM industries Bhd are among the stocks to watch on Friday, according to JF Apex Research.
ASIA’S newest luxury cruise ship ‘Genting Dream’ has made its maiden call at Swettenham Pier in Penang.
GEORGE TOWN: Come next month, Penang’s ferry service will be called rapidFerry when it is officially taken over by Prasarana Malaysia Bhd from current operator Penang Port Sdn Bhd (PPSB).
PETALING JAYA: Three China-based companies including China National Cereals, Oils and Foodstuffs Corp (COFCO) are vying for strategic stakes in Felda Global Ventures Holdings Bhd (FGV). A source close to FGV told StarBiz that: “These Chinese companies are major global consumers of palm oil/palm products and are looking to raise stakes in FGV via the open market.”
HONG KONG: France’s PSA Group and China’s Zhejiang Geely Holding Group Co have submitted bids to buy a stake in money-losing Malaysian automaker Proton Holdings Bhd, according to people with knowledge of the matter.
KUALA LUMPUR: Malaysia’s biggest postal company is seeking a more direct role in providing logistics services to Chinese e-commerce giant Alibaba Group Holding Ltd., tapping a boom in online retailing.
KUALA LUMPUR: Proton Holdings Bhd., the Malaysian automaker privatized three years ago, has shortlisted carmakers including Volkswagen AG’s Skoda unit and Suzuki Motor Corp. to sell a stake and raise money to turn around, people familiar with the process said.