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NEXNEWS Bhd has received the Securities Commission (SC) app- roval for its proposed acquisition of a 70% interest in The Edge Communications Sdn Bhd and 100% in Sun Media Corporation Bhd. The target companies are publishers of the business weekly I>The Edge/Iand English daily I>theSun/I>, respectively.
APP Industries Bhd#039;s initial public offering (IPO) shares for public subscription have been oversubscribed 8.62 times, Malaysian Issuing House Sdn Bhd (MIH) said in a statement.
APP Industries Bhd has, in a bid to strengthen its presence in Japan, set up a 60:40 joint-venture company with Japan-based Alts Co Ltd.