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NEW YORK (Reuters): The slow market for merger deals is driving big-name investment banks into combat with smaller rivals for business from companies they usually ignore.
KLUANG: IOI Corp Bhd intends to relist its property arm although there is no concrete plan on when it would carry out the exercise.
PETALING JAYA: Analysts are positive about Multi-Purpose Holdings Bhd’s (MPHB) proposal to demerge its businesses, which will see the group’s gaming business listed under MPHB and its financial services and other investments listed as a separate entity via a special-purpose vehicle (SPV Capital).
SINGAPORE: Rubber production in Malaysia, the third-biggest supplier, is threatened by less plantation area, labour shortages and low yields, said Aliasak Ambia, president of Malaysia’s National Association of Smallholders.