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THE trading volume of UEM Sunrise Bhd shares surged to a multi-year high yesterday while the share price soared by 14 sen or 15% to RM1.06.
SINGAPORE: Wilmar International Ltd, the world’s biggest palm-oil processor, has hired former Goldman Sachs Group Inc banker Hsin Yue Yong for a dealmaking role.
PETALING JAYA: High-profile Indonesian oil and gas explorer Samudra Energy Ltd has postponed its flotation on the Singapore market, citing weak market conditions.
BILLIONAIRES Li Ka-shing, Robert Kuok and Tan Sri Quek Leng Chan, along with savvy investor Paul Poh will make up an all-star list of shareholders in an upcoming flotation of Indonesian oil and gas producer Samudra Energy Ltd on the Singapore Stock Exchange (SGX).