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SoftBank Group Corp approached Apple Inc recently to gauge the iPhone maker’s interest in bidding for chip design firm Arm Ltd, according to people familiar with the discussions.
KUALA LUMPUR: Glove manufacturer Rubberex Corp (M) Bhd, whose share price had run up in line with the other glove makers due to the Covid-19 pandemic, saw minority shareholders being told to reject the takeover offer of RM1.80 per share.
Pact sets price benchmark that will trigger more buys
NEW YORK: Global equity markets rebounded on Monday on optimism the European Union would approve a recovery fund to help revive regional economies hit by the coronavirus, but worries about the pandemic's economic and human toll pushed gold prices higher.
PETALING JAYA: The flood of liquidity in Bursa Malaysia pushed the trading volume above the 12 billion-mark for the first time in history, with the technology sector alone dominating about 42% of the shares traded.
PARIS: When the Covid-19 crisis struck Europe, companies turned to one bank more than any other to arrange emergency loans: BNP Paribas.
KUALA LUMPUR: Heavy churning of penny stocks including Lambo, Eduspec, XOX helped propel the trading volume to a fresh record high of nearly 12.50 billion shares on Monday.
KUALA LUMPUR: Widad Group Bhd's major shareholder Tan Sri Muhammad Ikmal Opat Abdullah has raised his stake to 71.992%.