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KUCHING: Press Metal Bhd has named Public Investment Bank Bhd as independent adviser to non-interested directors and shareholders on a proposed exemption sought by its major shareholder Alpha Milestone Sdn Bhd (AMSB) and persons acting-in-concert (PACs) from the Securities Commission (SC) to undertake a mandatory takeover offer for the remaining company shares and convertible securities not already owned by them after the conversion of more than RM233.9mil nominal value of eight-year 6% redeemable convertible secured loan stocks (2011/2019 RCSLS) by AMSB and Ong Soo Fan.
BERA: The National Fishermen’s Association (Nekmat) has been ordered to stop exporting fish until March in an effort to control fish prices and to overcome the current shortage of fish supply in the country, says Agriculture and Agro-based Industry Minister Datuk Seri Ismail Sabri Yaakob.
FLORISTS and nurseries in Ipoh, Perak, are expecting a shortage of flowers from Cameron Highlands during the Chinese New Year festival.
BIG-HEARTED Malaysian celebrities, collectively known as Artisans United, raised more than RM100,000 at a fundraising dinner in aid of victims of the Typhoon Haiyan that struck the eastern coast of the Philippines in November last year..
PETALING JAYA: Selangor state elected representatives have yet to enjoy fat pay cheques because the amendment to the related enactment on their pay hikes has yet to be gazetted.
GEORGE TOWN: Prices of essential items for Ponggal and Thaipusam have escalated, thus becoming an additional burden for the Indian community.