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Khazanah sells RM1bil bonds

KHAZANAH Nasional Bhd, the government#039;s investment arm, yesterday sold RM1bil of five-year bonds at an average yield of 2.996%, Bank Negara said.

Pernas may return to the black next year, says CEO

PERNAS International Holdings Bhd expects to turn around next year, once it has restructured its RM2.5bil debts to more manageable levels, acting chief executive officer Mohd Redza Shah Abdul Wahid said.

Khazanah offers up to 186m covered warrants

KHAZANAH Nasional Bhd announced yesterday an offering of up to 186 million covered warrants (CW) in up to 31 million packages to retail, institutional and selected investors.

Khazanah to go for more outlets

KHAZANAH, a store dealing in imported goods from India such as wall hangings, cushion covers, hanging lamps, lampshades, wooden furniture, bric-a-brac, silk scarves and costume jewellery, is looking to open two more outlets.

Pernas building up hotel brand name globally

PERNAS Hotel Chain Sdn Bhd, the hotel division of Pernas International Holdings Bhd, is building up the Mutiara Hotels amp; Resorts name into an international hotel management brand, its managing director Zain Puteh said.

CAHB: Talks on sale of bank stake soon

COMMERCE Asset-Holding Bhd (CAHB) has been granted approval by Bank Negara to start talks with Bukhary Capital Sdn Bhd to sell its 30% stake in Bank Muamalat.

RM100mil pumped into BioValley

THREE biotechnology companies have committed more than RM100mil in investments to the BioValley project, said Science, Technology and Environment Minister Datuk Law Hieng Ding.

Khazanah wins approval for talks to sell bank stake

NATIONAL investment company Khazanah Nasional Bhd has obtained Bank Negara approval to start talks with Bukhary Capital Sdn Bhd to sell a 40% stake in Bank Muamalat, Khazanah chief operating officer Anwar Aji said.

Khazanah’s covered warrants oversubscribed

KHAZANAH Nasional Bhd has successfully closed its offer of 31 million packages of Covered Warrants comprising 29.450 million of institutional and 1.55 million of retail offerings.

Good start for covered warrants

TRADING in Khazanah Nasional Bhd's covered warrants got off to a good start with two of the three securities which began trading yesterday leading the most actively traded list, and among the strongest gainers on the KLSE.