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Given the popular belief that short sellers create unjustified losses in some stocks, why would shareholders want to supply the ammunition for attacks against their investments?
KUALA LUMPUR: The latest acquisition of MBO Cinemas by PPB Group Bhd will allow the group to diversify into new growth areas and expand its revenue streams.
Mild contraction in February due to seasonal factors
LAS VEGAS: Las Vegas Sands Corp, the world’s largest casino operator by market value, agreed to sell its properties in Las Vegas to Apollo Global Management Inc and Vici Properties Inc for US$6.25bil (RM25.6bil), refocusing the company on its successful Asian resorts and other potential opportunities in the US
SINGAPORE: Sea Ltd expects e-commerce revenue to double in 2021, sustaining its torrid pace of growth as South-East Asia’s most valuable company counts on regional online shopping demand to persist after the pandemic.
KUALA LUMPUR: Leading lifestyle tea brand Tealive is set to enter into Cambodia with plans to set up 25 outlets within five years.
GLOBAL manufacturing activity is surging as government support programmes and low interest rates protect consumers’ incomes while restrictions on leisure travel and other services divert spending into merchandise.
KUALA LUMPUR: Leading lifestyle tea brand in South East Asia, Tealive is poised to enter the Cambodian market and set up 25 outlets in five years.
PETALING JAYA: The eCurve shopping mall in Mutiara Damansara will undergo redevelopment to rejuvenate the mall, according to operator Damansara Entertainment Centre Sdn Bhd