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Markets 14 Jan 2019 | 10:48 PM

Oil rises 1% on supply cuts, gloomy economic outlook caps gains(Update)

SINGAPORE: Oil prices rose by 1 percent on Tuesday amid supply cuts by producer club OPEC and Russia, although analysts said much bigger gains were unlikely because of a darkening economic outlook capped gains.

Corporate News 12 Jan 2019 | 12:00 AM Premium

Uphill task in convincing MFM shareholders to cough it up

MALAYAN Flour Mills Bhd (MFM) joins the chorus of listed companies facing an uphill task in convincing their shareholders to cough it up for their cash calls.

Business 08 Jan 2019 | 8:42 AM

Mattel to launch K-Pop group BTS inspired toys

Mattel will create a toy line inspired by the seven-member pop group BTS that includes dolls, collectible figures and games, the El Segundo, California-based company announced at the Hong Kong Toys & Games Fair this week.

Economy 25 Dec 2018 | 12:00 AM

Why this year's Economics Nobel winner fears the China trade war

WASHINGTON: When Paul Romer sees the world’s two biggest economies locked in a trade war, his thoughts turn to robots.

Short Position 15 Dec 2018 | 12:00 AM

Can or not?

ON Thursday, Can-One Bhd informed Bursa Malaysia that it had triggered the mandatory general offer (MGO) for Kian Joo Can Factory Bhd (KJCF) after it acquired an additional 0.49% in its associate for RM3.10 per share, thus increasing its stake to 33.39% from 32.9%.

Corporate News 14 Dec 2018 | 1:33 AM

Weak start for Bursa but Can-One, Kian Joo jump

KUALA LUMPUR: Bursa Malaysia trimmed some of its two days of gains early Friday with the FBM KLCI slipping into the red , weighed by some selling of Tenaga and Public Bank but Can-One and Kian Joo Can Factory jumped.

Analyst Reports 14 Dec 2018 | 1:05 AM

MIDF Research negative on Can-One MGO for Kian Joo Can Factory

KUALA LUMPUR: MIDF Research is negative on Can-One's mandatory general offer (MGO) for Kian Joo Can Factory Bhd (KJCF) as the price will be too steep and impact its gearing.

Corporate News 14 Dec 2018 | 12:00 AM

Can-One plans to raise stake in Kian Joo Can

PETALING JAYA: Can-One Bhd is proposing to acquire 2.167 million shares or a 0.49% interest in Kian Joo Can Factory Bhd (KJCFB) from Tan Kim Seng for RM6.71mil or RM3.10 per KJCFB share in cash.

Corporate News 13 Dec 2018 | 2:17 PM

Yeoh fined and reprimanded by SC, Can-One launches takeover of KJCF

KUALA LUMPUR: Prominent businessman Yeoh Jin Hoe’s latest attempt to consolidate the business of the country’s top packaging can producers got off to a rocky start.

Corporate News 11 Dec 2018 | 12:00 AM

Scientex to buy Daibochi stake for RM222.5m

PETALING JAYA: Packaging material maker Scientex Bhd has inked a conditional share sale agreement to acquire a 42.41% stake in its smaller rival Daibochi Bhd for RM222.5mil.