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PETALING JAYA: In an unexpected about-turn days after its initial announcement, the Federal Land Consolidation and Rehabilitation Authority Bhd (Felcra) has withdrawn its interest in a proposed reverse takeover (RTO) of flour manufacturing and trading company Kuantan Flour Mills Bhd (KFM).
It has been hailed as a revolutionary way to get people moving, using smartphones to pursue cartoon creatures through city parks and streets on foot, instead of taking the car or metro.
PUTRAJAYA: Datuk Seri Anwar Ibrahim has to stay on in prison, but the 69-year-old former Opposition Leader remains optimistic.
KUALA LUMPUR: A major shareholder of Perisai Petroleum Teknologi Bhd has signalled to the beleaguered oil and gas firm that it is willing to settle a current dispute over a share sale agreement (SSA) involving the sum of US$43mil (RM190.92mil).
PETALING JAYA: Bermaz Auto Bhd (BAuto) said its unit in the Philippines has filed the application for its proposed listing on the Main Board of the Philippine stock exchange.
PETALING JAYA: Axiata Group Bhd’s plan to divest a minority stake in its tower outfit, edotco Group Sdn Bhd, through a private placement is a welcomed move, as the exercise would enable the telecommunications giant to unlock the value of its wholly owned subsidiary.