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KUALA LUMPUR: Ekuiti Nasional Bhd (Ekuinas) is exploring options for its stake in Malaysian oil tanker operator Orkim Sdn Bhd, including a potential sale, according to sources.
BERLIN (Reuters) - Chancellor Angela Merkel's protegee, Annegret Kramp-Karrenbauer, pledged on Wednesday to push for increased military spending "in our own interests" as Germany's new defence minister - a role likely to make or break her chances of succeeding her mentor.
MELBOURNE (Reuters) - Tatafu Polota-Nau is the only hooker in the Australia camp with any World Cup experience but knows he has work to do to secure a spot in Michael Cheika's squad for Japan.
SEOUL: Japan could soon gain a powerful new trade weapon against its neighbour South Korea.
MANILA: Jollibee Foods Corp. will spend $350 million to purchase loss-making Coffee Bean & Tea Leaf, its largest acquisition.
KUALA LUMPUR: Khazanah Nasional Bhd has hired Morgan Stanley to explore strategic options for Malaysia Airlines Bhd, the nation’s loss-making flagship carrier, according to people familiar with the matter.
PETALING JAYA: Ireka Corp Bhd has entered into a joint venture (JV) and shareholders’ agreement with CRRC Urban Traffic (Europe) Co Ltd (CRRC UT Europe) to pursue urban transportation business opportunities in Malaysia and the South-East Asian region, particularly in the areas of rail, urban transportation, logistics, trading and construction.
PETALING JAYA: Three of Excel Force MSC Bhd’s (EForce) substantial shareholders – Asia Internet Holdings Sdn Bhd, Datuk Mohamed Nizam Abdul Razak and Wong Thean Soon – have exercised their warrants to shares.