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Aussie builder eyes Malaysian buyer
WEST Homes Australia Pty Ltd is offering Malaysian buyers and investors an opportunity to purchase homes in its latest housing project in Melbourne, Australia.
Alwaleed first private buyer of A380 superjumbo
Prince Alwaleed bin Talal, the Saudi billionaire who is Citigroup Inc's biggest individual investor, agreed to buy a US$319mil Airbus SAS A380 superjumbo, becoming the first private customer for the world's biggest aircraft.
STMB finds another possible buyer for stake
HOT on the heels of its recent approval to commence discussions with Abu Dhabi-Kuwait-Malaysia Strategic Investment Corp, Syarikat Takaful Malaysia Bhd (STMB) is waiting to start negotiations with another suitor from the Middle East for a strategic stake in STMB.
1MDB confirms it is buyer of Ananda Krishnan’s power assets
PETALING JAYA: 1Malaysia Development Bhd (1MDB) has confirmed that it is acquiring Ananda Krishnan’s Tanjong Energy Holdings Sdn Bhd for RM8.5bil as a “long term strategic investment”.
Boeing delivers biggest 747 to secret VIP buyer
SEATTLE (Reuters) - Boeing Co handed over the first passenger version of its upgraded and extended 747 to a secret VIP customer, who sent the gleaming, all-white plane along to a modification center to transform it into the "jewel of the sky."
UMLand wont seek alternate buyer
KUALA LUMPUR: United Malayan Land Bhds (UMLand) board, save for the interested directors, has deliberated on the notice of unconditional takeover offer by Seleksi Juang Sdn Bhd and decided not to seek an alternative person to make a take-over offer, the company told Bursa Malaysia.
Progress Energy, Petronas secure first LNG buyer
CALGARY: Progress Energy Canada Ltd, Pacific NorthWest LNG Ltd and Petroliam Nasional Bhd (Petronas) have closed the previously announced transaction that saw Japex Montney Ltd, the Canadian subsidiary of Japan Petroleum Exploration Co Ltd (Japex), acquire a 10% interest in Progress Energy Canada’s natural gas assets in north-east British Columbia and in the proposed Pacific NorthWest LNG export facility on Canada’s west coast.
Metropoulos seeks buyer for Pabst Brewing
NEW YORK: Veteran food industry investor C. Dean Metropoulos is seeking a new owner for Pabst Brewing Co, best known for blue collar-turned-hipster favourite Pabst Blue Ribbon label, according to people familiar with the matter.
China LPG buyer considers S’pore IPO for trading unit
SINGAPORE: Oriental Energy Co, China’s biggest importer of liquefied petroleum gas, is considering an initial public offering of its trading and logistics unit on the Singapore stock exchange.
Selling a house in a soft market - points to consider
WITH the soft property market, buying a house would actually be a good idea. However, what if you own a house and need to sell it?
