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SINGAPORE: A British company says it’s building the world’s first "vertiport” for electric aircraft in Singapore, an early step towards a global network for flying taxis.
The results are in, and it looks like chicken egg producer LTKM Bhd has failed in its bid to get privatised by buying out minority shareholders at RM1.35 a share.
KUALA LUMPUR: Shares in Kumpulan Powernet Bhd jumped to a two-year high after billionaire shareholder Datuk Mohd Abdul Karim Abdullah raised his stake in the company to trigger a mandatory general offer (MGO).
KUALA LUMPUR: Shares in Kumpulan Powernet Bhd jumped after billionaire shareholder Datuk Mohd Abdul Karim Abdullah raised his stake in the company to trigger a mandatory general offer (MGO).
What’s Karim’s plans for SCIB?THE takeover offer in Sarawak Consolidated Industries Bhd (SCIB) ended with major shareholder Datuk Mohd Karim Abdullah and parties acting in concert holding more than half of the company.
Despite gold being in vogue because of its safe haven status, not all gold manufacturers and traders are celebrating.
KUALA LUMPUR: Legion Master Sdn Bhd, the major shareholder of DeGem Bhd, announced a privatisation plan, sending its share price up 24% at midday on Thursday.
KUALA LUMPUR: Degem Bhd, the jewellery maker, said a major shareholder has requested the company to consider a selective capital repayment (SCR) plan and to delist the stock.
MANILA: Philippine boxing champion Manny Pacquiao launched his very own cryptocurrency on Sunday at a free concert in Manila, where he serenaded more than 2,000 fans to drum up interest in the product.
WASHINGTON: The International Monetary Fund on Wednesday warned against governments trying to weaken their currencies through monetary easing or market interventions, arguing in a blog post that this would hurt the functioning of the international monetary system and make all nations worse off.