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Corporate News 15 Aug 2019 | 4:37 PM

Serba Dinamik founder Karim makes conditional MGO for SCIB

KUALA LUMPUR: Serba Dinamik Bhd founder and CEO Datuk Mohd Abdul Karim Abdullah has made a conditional mandatory takeover offer for shares he does not already own in Sarawak Consolidated Industries Bhd (SCIB) at RM1.10 a share.KUALA LUMPUR: Serba Dinamik Bhd founder and CEO Datuk Mohd Abdul Karim Abdullah has made a conditional mandatory general offer for a shares in Sarawak Consolidated Industries Bhd (SCIB) at RM1.10 a share.

Business 17 Jul 2019 | 12:00 AM

MSWG: SGX move on delisting of companies worth considering

PETALING JAYA: The move by the Singapore Exchange (SGX) to allow independent shareholders, including minority ones, a better exit value is worth considering in the context of Malaysian delisting rules, according to the Minority Shareholders Watch Group (MSWG).

Business 12 Jul 2019 | 12:00 AM

Singapore’s change to delisting rule raises concerns

Singapore: Singapore’s move to shift the power on delistings in favour of minority shareholders means bidders will need to pay higher premiums to get deals done.

Business 11 Jul 2019 | 8:42 AM

Singapore’s change to delisting rule will lead to higher prices, analysts say

SINGAPORE: Singapore’s move to shift the power on delistings in favor of minority shareholders means bidders will need to pay higher premiums to get deals done.

Business 20 Jun 2019 | 6:26 AM

Langit Makmur buys more Yee Lee shares as offer extended until July 3

KUALA LUMPUR: Langit Makmur Sdn Bhd, which is one of the joint offerors in the takeover of Yee Lee Corp Bhd, bought 155,500 shares at RM2.33 each on Wednesday.

Business 20 Jun 2019 | 12:00 AM

Apex clears hurdle for merger with Mercury

KAJANG: The battle in Apex Equity Holdings Bhd has taken a major turn with shareholders voting in favour of the merger with Mercury Securities Sdn Bhd in a slim majority of 54.8%.

Business 24 May 2019 | 12:00 AM

Universal eyes bidder as buyout firms balk

LOS ANGELES: Vivendi SA is targeting strategic buyers for a stake in Universal Music Group as some private equity investors balk at the high price and slow pace of the deal, according to people familiar with the matter.